Regional Relief and Recovery Fund – Women’s Enterprise Initiative Stream

Applications are no longer being accepted.
The repayment deadline to receive partial forgiveness under the Regional Relief and Recovery Fund (RRRF) has been extended by one year, to December 31, 2023.

The Regional Relief and Recovery Fund (RRRF) was announced by the Government of Canada to provide financial support directly to small and medium-sized women-owned or -led businesses. Loans of up to $60,000 are available through Women’s Enterprise Initiative (WEI) organizations across Western Canada to address COVID-19 impacts on short-term stability.

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.

How the RRRF is being administered in British Columbia

Pacific Economic Development Canada (PacifiCan) is collaborating with several partner organizations to deliver the fund in British Columbia.

Funding offered through Women’s Enterprise Initiative organizations in Western Canada is intended for rural or urban women-owned or women-led businesses (including sole proprietors and social enterprises). WEI delivers loans up to a maximum of $60,000.

Women-owned or women-led businesses requesting over $60,000 must apply through PacifiCan(RRRF).

Eligibility requirements

Eligible costs

Loans are to cover only fixed costs. Costs such as rent, salaries and benefits are considered only if the applicant is ineligible, rejected and/or not already receiving assistance for these costs from other federal and provincial funding measures.

Parameters of the “RRRFWEI Stream”

How to apply through the WEI Stream

There is a WEI in each western province that serves urban and rural women-owned or women-led businesses. Applicants from women-owned or women-led businesses in British Columbia are asked to apply through the website of the Women’s Enterprise Centre (B.C.).

More information and questions

For additional RRRF information, contact your nearest PacifiCan regional office.

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