The WESK – Women Entrepreneurs of Saskatchewan (WESK) is seeking applications for its Regional Relief and Recovery Fund to provide financial support directly to small and medium-sized women-owned businesses.
Sponsoring Agency: WESK – Women Entrepreneurs of Saskatchewan
Type of Fund: Loan/Finance
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/30/2021
Size of the Fund: USD $50,000 to $500,000
The WESK – Women Entrepreneurs of Saskatchewan (WESK) is seeking applications for its Regional Relief and Recovery Fund to provide financial support directly to small and medium-sized women-owned businesses.
This access to financing will support small enterprises that are unable to access larger federal relief funding programs, or unable to obtain a loan/credit from traditional financial institutions, and that are struggling with working capital needs.
Funding Information
Loans of up to $60,000 are available through WESK to address COVID-19 impacts on short-term stability.
Eligibility Criteria
Eligible applicants include sole proprietors, partnership, corporation, social enterprise, or other similar organization. Eligible applicants must also meet the following criteria which will be captured in an attestation form:
• established prior to March 1, 2020;
• be a woman or an operation owned and controlled by a woman or women (“Woman owned” is defined as >50% ownership)
• be a Canadian citizen or landed immigrant (permanent resident); or a legal entity owned and controlled by a Canadian citizen(s) or landed immigrant(s);
• be a registered business in Saskatchewan;
• be operating and intend to continue to operate in Saskatchewan;
• be a Saskatchewan resident, 18 years of age or older;
• impacted adversely due to the COVID-19 pandemic;
• have fewer than 500 full-time employees (FTEs);
• viable and not experiencing financial pressures prior to March 1, 2020; and
• are ineligible, rejected, and/or not receiving other federal relief supports for the same expenditures.
More information at: https://wesk.ca/programs/regional-relief-and-recovery-fund/
Eligible Countries:
Canada
