WEOC National Loan Program

Results and Impact

Financing women entrepreneurs. Building stronger businesses. Reinvesting for the next generation.

Results as of septembre 22, 2026 · Last updated septembre 22, 2026

Woman in a teal blazer beside the WEOC logo

Current cumulative results

Capital reaching women-owned businesses across Canada

The WEOC National Loan Program connects women entrepreneurs with developmental financing and trusted regional business support. The figures below reflect cumulative program activity as of septembre 22, 2026.

$37.85M Cumulative financing delivered $37,852,954 in repayable financing
857 Women-owned businesses financed Businesses supported from start-up through growth
882 Loans approved Approved financing progressing through closing and disbursement

Why cumulative financing can exceed the original allocation: As entrepreneurs repay principal, that capital returns to the Fund and can be lent again. This revolving structure extends the impact of the original public investment to future entrepreneurs.

Original contribution agreement

Results as of mars 31, 2026

WEOC received $32.3 million in original loan capital for delivery to women entrepreneurs. The table presents each target alongside the result reported at the March 31 year-end.

Targets and results reported as of mars 31, 2026
MeasureTargetResultAchievement
Applications received820832101.5%
Women entrepreneurs financed73467792.0%
Start-up entrepreneurs financed338342101.2%
Entrepreneurs receiving the maximum $50,000 loan514524101.9%
Original loan capital committed$32.3 million$30.8 million95.4%
November 2022

First loan delivered

The national developmental lending program began financing women entrepreneurs.

mars 31, 2026

$30.8 million committed

WEOC had committed 95.4% of the original loan-capital allocation through approved loans.

End of May 2026

Full allocation disbursed

Additional approvals and final disbursements completed deployment of the original allocation.

septembre 22, 2026

Impact continues

WEOC reached $37.85 million in cumulative financing delivered to women-owned businesses.

A revolving public investment

How the Fund works

The funding provided to WEOC is loan capital. It is delivered to eligible women-owned businesses through repayable developmental loans of up to $50,000.

Capital is deployed

WEOC provides repayable financing to eligible women entrepreneurs through a national network of regional Loan Fund Partners.

Businesses build and grow

Entrepreneurs use the financing for eligible business needs while receiving advising, mentorship, training and market support.

Repayments support the next entrepreneur

As principal is repaid, it returns to the Fund and becomes available to finance additional women-owned businesses.

Beyond financing

Capital connected to trusted support

Women entrepreneurs receive more than financing. WEOC works with regional women’s enterprise organizations that understand their local business communities and help entrepreneurs prepare, strengthen and grow.

  • Business advising
  • Application readiness
  • Mentorship
  • Training
  • Access to markets
  • Ongoing business support

Clear and consistent reporting

Understanding the results

Program measures represent different stages in the financing process. These definitions help ensure that results are interpreted consistently.

Applications received

Complete applications formally submitted to WEOC for assessment.

Loans approved

Loan applications approved by WEOC. An approved loan may still be completing documentation, closing requirements or borrower-directed disbursement scheduling.

Capital committed

Loan capital assigned to approved loans, including financing that may still be proceeding through closing and final disbursement.

Businesses financed

Women-owned businesses that have completed closing requirements and received loan funds.

Cumulative financing delivered

The gross value of financing disbursed since the program began, including principal that has been repaid, recycled and lent again.

Our commitment to transparent reporting

WEOC publishes date-stamped program results so entrepreneurs, government officials, Members of Parliament, partners and members of the public can access clear and current information. Results will be refreshed regularly following internal verification.

Contact WEOC

Funding acknowledgment: The WEOC National Loan Program is made possible with funding provided by the Government of Canada through the Women Entrepreneurship Strategy.

All figures are drawn from WEOC program records and are reported as of the dates indicated.