News from Women’s Enterprise Centre of Manitoba – September 2010

Sep 10, 2010 | Corporate Member News

In This Issue

  • What’s New with WEConnect
  • WEC-Tech Program – It’s Catching On!
  • Lessons Learned from Women Entrepreneurs
  • Technology Planning: Next Steps
  • On Board
  • Article Headline
  • Monkey Moment 
  • Quick Links: Seminars & Workshops, News, About Us 

Access the news letter here

About the Women’s Enterprise Centre of Manitoba

The Women’s Enterprise Centre of Manitoba (WEC) has helped thousands of women throughout the province find information, improve their skills and acquire financing so that they can start, expand or purchase an existing business.

The staff and board at the Centre understand that in addition to running your own businesses, women are often the primary managers and caregivers of their families. The role of balancing many responsibilities brings with it many unique experiences and challenges.

The Women’s Enterprise Centre of Manitoba was established to address these challenges. Whether you are a novice or seasoned entrepreneur, you can count on the experience and understanding of our team of committed and successful women entrepreneurs and professionals.

These services are provided thanks to the support of Western Economic Diversification Canada (WD), a federal government department committed to helping Western Canadian small and medium-sized businesses grow, diversify and create jobs.

Over the past eight years, Western Economic Diversification Canada has commissioned three studies to show the impact that the Women’s Enterprise Initiative (which includes the Women’s Enterprise Centre of Manitoba, Women Entrepreneurs of Saskatchewan, Alberta Women Entrepreneurs and Women’s Enterprise Centre of BC) has had on women entrepreneurs across the West. In August 2010, a paper presented at the Diana Conference summarized the findings from those three studies. Overall, the major impacts of return on public investment (20:1), incremental return on loan dollars (30:1), 8000 person years of employment, and 75% of loan clients that survive the critical first five years attest to the effectiveness of the initiative.
The findings in Manitoba echo the Alberta information: growing businesses require expansion capital and a more sophisticated and knowledgeable advisory capacity.

Overall, the major impacts of return on public investment (20:1), incremental return on loan dollars (30:1), 8000 person years of employment, and 75% of loan clients that survive the critical first five years attest to the effectiveness of the initiative.

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