Wakenagun Community Futures Development Corporation – Indigenous Women Entrepreneurs Program


Wakenagun CFDC’s IWE Program assists Indigenous women entrepreneurs in a number of ways:
1. Financing of up to $20,000 for start ups and business expansion initiatives.
2. Business support grants.
3. Facilitation and counselling through workshops and seminars.
Through the IWE Micro-Loan Program Wakenagun CFDC assists Indigenous women to access micro-financing and build their credit.

Comments on Funding:

The maximum funding per applicant is $20,000, out of which a minimum 50% will be a loan, up to 45% will be a non-repayable contribution, and a minimum 5% will be capital or in-kind contributed equity.


Applicants must:

  • be Indigenous women entrepreneurs;
  • have their business located within the boundaries of the Wakenagun catchment area. Wakenagun serves the “Mushkegowuk” Region. These communities include Attawapiskat, Fort Albany, Kashechewan, Peawanuck, Moose Factory, Moosonee, Taykwa Tagamou, Missanabie, and Fort Severn.

Other Things to Note:

The Indigenous Women Entrepreneurship (IWE) Program through NACCA focuses on building the capacity and developing tools, resources and support for Indige-nous women to start or expand their businesses. The IWE Program involves developing women-specific programs, tools and training to meet the needs of Indigenous women entrepreneurs. The overall objective of the IWE Program is to increase the number of Indigenous women entrepreneurs and business women in Canada. Its goal is that by 2025, the number of Indigenous wom-en accessing financing through the AFI network will increase by 50 percent.

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