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Industry & Startups · Alberta
Woveo partners with BDC on business microlending program
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Summary
Calgary-based Woveo and the Business Development Bank of Canada are launching a $10-million microlending program offering loans of up to $25,000 to small and medium-sized businesses across Canada, except in Québec. Woveo says it is still working to meet the province’s French-language requirements, and CEO Jonah Chininga said the company aims to expand there in 2027.