Community Futures West Yellowhead is part of a new provincial initiative giving women entrepreneurs easier access to capital to start or grow their businesses in the local community.
The Alberta Women’s Economic Recovery - Capital Growth Initiative, offers flexible low-interest small business loans, that will support women entrepreneurs on the road to recovery.
Many women entrepreneurs experienced setbacks and challenges during the pandemic and this initiative is aimed at helping local women-owned businesses to get back on track.
Women entrepreneurs will be able to apply for unsecured conditionally repayable loans ranging from $5,000 to $10,000. Eligible costs include operating capital, equipment, leasehold improvements, inventory, non-owner salaries, and professional fees. Successful applicants will also have access to advice, ongoing small business support and opportunities to develop their skills, manage their business and plan for the future.
Applications are now being accepted.
For more information call us at (780) 865-1224.
