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NACCA Indigenous Women Entrepreneurship (IWE) Loan Fund

NACCA / Indigenous Financial Institutions · Indigenous

In plain language

Microloans up to $50,000 for First Nations, Inuit, and Métis women starting or growing a business in Canada. Launched 2022 with $55M from Budget 2021. In NL the delivery agent is Ulnooweg Development Group. Since 2022 the IFI network has approved 600+ loans totalling $11.4M and delivered 5,000+ advisory services and training events alongside the loans — so this isn't just capital, it's wraparound support. Less-stringent security requirements than typical commercial lending. Stacks well with AEP grant layer (the existing catalog entry) so most applicants should pursue both simultaneously. Contact IWYE@nacca.ca to get routed to the correct IFI.

Realistic range

$5,000 – $50,000

Avg award

$20,000

Max advertised

$50,000

Cost share

—

Accessibility

4 / 5

Effort

2 / 5

Deadline

Continuous intake

Repayable?

Yes

Who qualifies

Entity types

Sole Proprietor, Incorporated

Sectors

Any sector

Regions

NL Wide

Demographics prioritized

Indigenous, Women

What you'll have to report

IFI-level reporting: financial statements, covenant compliance; advisory engagement expected as part of program design.