03/23/2023
We’re delighted to announce WEL-Manitoba has officially launched!
WEL Manitoba brings together a network of accredited women investors from across the province providing hands-on investment education and networking to its members and access to new capital for female founders at the pre-seed and seed stage on the Canadian prairies.
This is the region's first female fund that focuses on engaging and encouraging women to learn more about angel investing and the success of the fund is due to the collaborative efforts taken by the Managing Partners; Joelle Foster, Sandy Foster, Rosalie Harms, and Priti Mehta-Shah.
The group believes that female-founded businesses will generate strong returns, and by increasing access to early-stage capital in female-founded companies is a key opportunity to level the playing field.
About WEL:
The WEL investing model was created to address the chronic and systemic underrepresentation of women in early stage investing. By reducing the barriers to entry that have typically kept women out - gender bias, lack of previous investing experience, capital needed to get involved - our Learning On InvestmentTM (LOI) approach is designed to facilitate entry into this investment class. WEL consists of a powerful community of over 150 women investors from across the country managing a growing portfolio of investments which should reach about 40 company investments by the end of the year. Over 70% of WEL investments are in women-run and women-led businesses
