WeBC report shows a growing need for guidance by B.C.’s women entrepreneurs

Cathy Kuzel, WeBC Board Member and Past Mentor speaking with entrepreneurs. (CNW Group/WeBC)

KELOWNA — WeBC says its annual report showed a significant uptake in business tools and advice that was sought, pointing to a growing need for guidance by B.C.’s women entrepreneurs. WeBC reported a 43 per cent increase in program use in its latest annual report.

The rising interest in support services by women starting and growing businesses could be a result of both mounting economic pressures and potential growth opportunities, according to WeBC. In a press release, WeBC stated that in 2024-25, over 6,500 women entrepreneurs across the province were reportedly supported by the organization, receiving lending, training, mentorship and advisory services.

“This isn’t just a spike in activity. It’s a signal that women are turning to entrepreneurship to build economic independence while creating community impact,” said Shauna Harper, WeBC CEO. “We’re seeing growth across rural regions and urban centres, from women starting new ventures to those scaling existing businesses.”

WeBC says the data reflects a growing shift toward self-employment and small business ownership among women across B.C.

WeBC also stated that it has expanded its advisory services, business education and mentorship to meet growing demand, with funding from Innovation, Science and Economic Development Canada. This federal support reportedly expires March 31, 2026, prompting WeBC to call for renewed investment for this model to meet the rising need across the province.

“WeBC clients consistently outperform national averages for business survival, revenue growth and job creation. Plus, every dollar WeBC lends generates $15.44 in economic impact,” said Harper. “This is the time to invest in women. Small businesses don’t just support one person; they provide jobs, support communities and grow our economy in a time when we need it.”