RBC’s Women Entrepreneur Support for Small Business

The Royal Bank of Canada (RBC) has specifically developed advice and services to meet the needs of women entrepreneurs. Financing is available through the bank, as well as additional resources and expertise. Through their Small Business Financial Services Resource Centre, women entrepreneurs can access a wide variety of information and assistance in starting and expanding a business, as well as succession planning for their retirement. They also provide one-on-one strategic advising for women entrepreneurs to ensure that their businesses are successful.

RBC has also developed the RBC Canadian Women Entrepreneur Awards, allowing female entrepreneurs to celebrate one another and network side by side. By celebrating women entrepreneurs, RBC hopes to provide a significant profile of the importance of female business-owners to the Canadian economy.

The Scotiabank Women Initiative: Supporting Women-Led Businesses

The Scotiabank Women Initiative is a comprehensive program helping women take their businesses to the next level, through access to capital funding, mentorship, and education. When signed up for the program, members will benefit from small group mentoring sessions on pre-defined topics hosted by the experienced Advisory Board to discuss complex business issues and help women grow their businesses.

The initiative works individually with each unique women-led business to develop tailored solutions in accessing funding to preserve and increase cash flow.

Government Funding Programs for Women-Led Businesses

There are also several current government funding programs that cater specifically to supporting women-led businesses, such as FedDev Ontario’s Rebuild Reopen Revive (RE3) Initiative distributed through the Regional Relief and Recovery Fund (RRRF), in which women business owners can receive up to $5,000 in non-repayable grants to help with pandemic recovery. The Women Entrepreneurship Strategy (WES) also exists in the same landscape by helping women grow their businesses with access to several funding and mentorship opportunities.

Girlboss Foundation Grant

From the girlboss website: “Grants are awarded on a biannual basis to individuals pursuing entrepreneurial endeavors. Each grant beneficiary receives project funding for $15,000, plus exposure through the Girlboss platform and community, as well as local and regional press

Women in Trade – Export Development Canada (EDC)

Insurance solutions to protect your exports, working capital and financing options.

Woman entrepreneur – Business Development Bank of Canada (BDC)

Financing to fuel growth.

Women in Technology (WIT) Fund – Business Development Bank of Canada (BDC)

Venture capital for Canadian technology businesses.

Futurpreneur Canada

Financing, mentoring and support for aspiring Canadian entrepreneurs aged 18–39.

Women Entrepreneurship Fund – Startup Canada

Micro-grants for Canadian entrepreneurs in science, technology, engineering and math (STEM).


Financial support to help your Canadian business develop and access exciting new export opportunities.

Canadian Technology Accelerators (CTA)

Help for Canadian companies with existing technology, product or service to explore vast opportunities in foreign markets.

Funding and support programs

Explore the programs offered by the Trade Commissioner Service.

Innovation Canada

Share your story and discover what the Government of Canada can do for your business.

Women's Enterprise Organizations of Canada

Learn about the National association of professional business support organizations for women entrepreneurs.

Words of wisdom

“I knew China had great potential for us, so I reached out to the Business Women in International Trade team. They connected me with the CanExport program. With their help, we received funding to pursue our opportunities in China.”

– Manon Pilon, CEO, Derme&Co., Montreal, QC