Regional Relief and Recovery Fund (RRRF) New Loan Opportunity

WECM can provide eligible small- and medium-sized women-owned enterprises (SMEs) with a partially forgivable loan of up to $40,000 to help alleviate financial hardship resulting from COVID-19 (25% of the funds approved will be forgivable, providing loan terms are met). The objective of this program is to assist western Canadian SMEs that do not qualify for federal government funding supports such as the Canada Emergency Business Account (CEBA), the Business Credit Availability Program (BCAP), and others (see below).

Funds for this program have been made available through the federal government’s Regional Relief and Recovery Fund (RRRF). WECM will administer the Manitoba WEI stream of the RRRF Program on behalf of Western Economic Diversification Canada (WD).

Along with this new RRRF Program support, we look forward to providing continued assistance to women entrepreneurs province-wide through our business advisory services and our startup and expansion loans.


  • Maximum assistance is up to $40,000
  • 0% interest and no payments until December 31, 2022
  • Principal payments can be made voluntarily at any time
  • 25% (not to exceed $10,000) can be forgiven provided you have repaid 75% of the original loan amount prior to December 31, 2022
  • If the loan is not repaid by December 31, 2022, the loan will be converted to a 3-year term with interest rates of 5% effective January 1, 2023. The full balance must be repaid no later than December 31, 2025


  • Salaries and benefits on amounts not already covered through the Canada Emergency Wage Subsidy (CEWS)
  • Property taxes
  • Rent or lease payments on amounts not already covered through the Canadian Emergency Commercial Rent Assistance (CECRA) for Small Business
  • Utilities
  • Cleaning supplies and additional safety measures
  • Bank interest/charges
  • Office supplies and vehicle operating expenses
  • Lease payments for existing equipment and machinery
  • Professional fees
  • Insurance
  • Other eligible expenses associated with retooling, rethinking workflows, automation, robotics, developing new markets, etc.


  • Must have been an existing, viable business prior to COVID-19 (please talk to one of our Business Advisors on whether or not you meet this criteria)
  • Must not have received any other federal relief supports for the same expenditures
  • Must not have received other federal government COVID-19 loan accounts such as:
        • Canada Emergency Business Account (CEBA)
        • Business Credit Availability Program (BCAP)
        • Emergency Loan Program for Indigenous Businesses
        • RRRF – WD Program
        • RRRF – Community Futures Program
  • Use of funds for the pre-payment of existing loan debt, outside of regularly scheduled debt payments, is prohibited.


  • Professionally prepared Financial Statements for the last 2 fiscal years (including an Income Statement and Balance Sheet)
  • Current year-to-date financials
  • A copy of current government issued photo ID
  • RRRF Loan Application
  • You will be asked to complete a Personal Statement of Affairs (PSA)
  • You will be asked to provide a 500 character or less description of your business
  • You will be asked to provide a 500 character or less description of the impact that COVID-19 had on your business
  • You will be asked to provide a 500 character or less description of how the RRRF will assist your business going forward

If this sounds like something you would be interested in to assist your business in recovering from COVID-19 disruption, please contact Client Services at or call 204.988.1860 to discuss further.

WECM-Frequently-Asked-Questions-for-RRRF-2020.07.15 (1)



Personal Statement of Affairs

Pour obtenir de l’aide concernant votre demande au titre du FARR et d’autres services en français, veuillez communiquer avec le Conseil de développement économique des municipalités bilingues du Manitoba.