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Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
WESK ANNUAL REPORT 2020-2021

 Celebrating
 25 Years of
Empowerment
Championing women entrepreneurs
 through seasons of global change
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
TABLE OF CONTENTS

                                                              28,271
                                                        entrepreneurs

03                  04               05
                                                        have attended
                                                       WESK workshops
                                                          since 1995
MESSAGE FROM        MESSAGE FROM     ABOUT US
THE BOARD CHAIR     THE CEO

07                  08               09           12
RESPONSE TO         HIGHLIGHTS       PROGRAMS     WOMEN IN
COVID-19            FROM THE YEAR                 BUSINESS

14                  16               17           18
EVENTS              SMALL BUSINESS   MEMBERSHIP   ADVISING
                    CONFERENCE

19                  20               21           22
FINANCING           TRAINING         SPONSORS     WESK TEAM
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
A message from
FROM THE BOARD CHAIR

                                         the Chair Board
                                         Like organizations and businesses around       growth, the implementation of the stra-
                                         the world, WESK was forced to address the      tegic plan has included the update to
                                         challenges and opportunities presented         WESK’s membership model.
                                         by the COVID-19 pandemic in this past
                                                                                      • The celebration of WESK’s 25th anniver-
                                         fiscal year. And, like those organizations
                                                                                        sary, including the virtual conference in
                                         and businesses - but especially like the
                                                                                        September 2020. While it wasn’t the
                                         amazing female entrepreneurs we have
                                                                                        in-person celebration that the WESK
                                         right here in Saskatchewan - WESK piv-
                                                                                        team had planned, WESK marked it
                                         oted swiftly to meet those challenges,
                                                                                        by doing what it does best – providing
                                         to support its community, and to seek
                                                                                        opportunities and support for women
                                         opportunities to move forward and further
                                                                                        entrepreneurs to learn, connect, and
                                         its mandate to close the gender entrepre-
                                                                                        move forward.
                                         neurship gap.
                                                                                      It has been an absolute honour to serve as
                                         Women are amazing (which we already
                                                                                      Board Chair again this year, working with
                                         knew), but the examples that we’ve
                                                                                      an incredible group of Directors who are
                                         seen in this last year, of women-owned
                                                                                      as passionate about the work of WESK as
                                         businesses pivoting and finding a path
                                                                                      the WESK team. I want to especially thank
                                         forward, despite everything, is nothing
                                                                                      Marcia Mirasty and Aimee Schulhauser
                                         short of amazing. We’ve created such a
                                                                                      who concluded their Board terms this year
                                         strong community in our province and the
                                                                                      for their contributions, and to welcome
                                         momentum to support women-owned
                                                                                      new Directors Rhonda Spencer and Claire
                                         business as they start, grow, and scale
                                                                                      Belanger-Parker who have jumped right in.
                                         continues to build.
                        DANIELLE GRAFF
                           BOARD CHAIR                                                On behalf of the Board, I also really want
                                         WESK continues to play a lead role in
                                                                                      to thank the WESK team again for their
                                         supporting women entrepreneurs and
                                                                                      commitment to WESK over this past year
                                         transforming the Saskatchewan business
                                                                                      – I am constantly impressed by everything
                                         ecosystem. A few highlights from the
                                                                                      that this team has accomplished and am
                                         2020-2021 fiscal year include:
                                                                                      excited by all of the go-forward initia-
    “I have every confidence that        • The implementation of a new strategic      tives they have planned. Stay tuned folks,
                                           plan which will guide WESK’s efforts       because this WESK team has so much
       WESK will continue to be a          over the next few years. Among numer-      more in store and I have every confidence
  change-maker and will lead the           ous other efforts both internally and
                                           with respect to WESK’s programs and
                                                                                      that WESK will continue to be a change-
                                                                                      maker and will lead the path forward to
   path forward to close the gap.”         services to support both recovery and      close the gap.
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
FROM THE CEO

                                               A message
                                               from the CEO
                                               25 YEARS ADVANCING GENDER EQUALITY AND EQUITY

                                               This year, we lived through unprec-      the Saskatchewan Advisory Commit-
                                               edented times, and I am incredibly       tee’s final report. This includes a brand
                                               proud of the grit and resilience dis-    identity to uniquely identify women
                                               played by the WESK team. Driven by       entrepreneurs, a campaign to increase
                                               our goal to enrich the lives of women    awareness of the contribution of
                                               entrepreneurs throughout our prov-       women entrepreneurs, the Saskatch-
                                               ince, we have demonstrated our ability   ewan Women Entrepreneurship Char-
                                               to adapt and adopt a ‘new normal’ in     ter, and the Digital Entrepreneurship
                                               response to the global pandemic.         Hub. Read on for more details, as this
                                                                                        report covers many of the other initia-
                                               We are honoured to have celebrated
                                                                                        tives embarked on during the course of
                                               WESK’s 25th anniversary. Over the
                                                                                        the year.
                                               course of 25 years, WESK has provided
                                               over $40 million in financing to wom-    We want to remind you that WESK is
                                               en-owned businesses and over 7,000       here to support you and your business
                                               women have accessed our business         as we navigate through this difficult
                          PRABHA MITCHELL      advising services. The correlation       time. Our new membership packages
                     CHIEF EXECUTIVE OFFICER
                                               between supporting women in scaling      provide support to all women entrepre-
                                               their businesses and economic growth     neurs, no matter where you may be in
                                               is irrefutable, as women entrepreneurs   your entrepreneurial journey.
                                               contributed $23.1 billion to the GDP
                                                                                        This year has been marked with much
                                               in 2019 and created approximately
                                                                                        reflection and transformation. With
          “We have demonstrated                192,000 jobs.
                                                                                        the strength and resilience learned
           our ability to adapt and            Despite the challenges and con-
                                               straints imposed by the pandemic,
                                                                                        over this past year, we encourage you
                                                                                        to strive for excellence as we continue
            adopt a ‘new normal’.”             the WESK team resolutely advanced        to move forward in the re-opening of
                                               four recommendations outlined in         our province.
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
ABOUT US
                                                                                                              WHAT IS THE GENDER
                                                                                                              ENTREPRENEUR GAP?
                                                                                                              There is a significant gender entrepreneurship
                                                                                                              gap in Canada. By understanding and address-

Supporting women entrepreneurs
                                                                                                              ing the unique barriers that women entrepre-
                                                                                                              neurs face, we can enhance opportunities to
                                                                                                              scale businesses and boost economic growth

in Saskatchewan for 25 years
                                                                                                              in our province.
                                                                                                              How much more robust our province and
                                                                                                              country could be if we created an environ-
                                                                                                              ment that empowered women entrepreneurs?
WHY                                                     GOALS                                                 It’s more than a social and moral imperative
Saskatchewan depends on entrepreneurs, but              WESK offers our members endless possibilities to      — it’s an economic issue.
a gender entrepreneur gap holds women back.             unite with empowered entrepreneurs of every age,
Without specifically-designed support structures,       stage, and culture. We strive to connect women in
social inequalities limit our economic potential as     business with a community that is rooting for them.
a province. WESK exists to close the gender entre-
preneurship gap in Saskatchewan.
                                                                                                                  $148 billion                $23.1 billion
ROLE                                                    WAYS                                                  has been contributed to       was contributed by
                                                                                                              Canada’s GDP by women        women entrepreneurs
As a non-profit, membership-based organization          By charting a path to equal opportunity, WESK              entrepreneurs            to the SK economy
of over 1,200 members, WESK provides programs           helps remove the barriers faced by women
and services for entrepreneurs who are starting,        entrepreneurs. WESK is here to provide the tools
growing, scaling, or purchasing a business. We help     women need to succeed, because when women
build confidence about a future in business.            succeed, we all succeed.

                                                                                                                   $150–$420                    180 years
                                                                                                                     billion                would need to pass
                                                                                                               in additional economic       to close the gender
MISSION                                                                                                          activity would result         gap at current
Empowering women entrepreneurs in Saskatchewan to start, grow, and scale businesses to drive                  from closing the gender         levels of women
                                                                                                                  entrepreneur gap           entrepreneurship
economic growth.

VISION
To close the gender entrepreneurship gap in Saskatchewan.

                                                                                                                             $6.3-$17.64 billion
VALUES                                                                                                              could be injected into the SK GDP through
WESK is driven by the values of collaboration, diversity, and boldness.                                                  gender entrepreneuship parity
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
METRICS
                                                                    Since 1995
Snapshot of key metrics
                                                                         9,307
2020-2021                                                                women have accessed our
                                                                         business advising program

                                                                         $40.4 million
     1212               1,816                       17                   has been given to businesses
                                                                         through our financing program
members reached     business advising      new loans this year,
   this year      appointments this year   totalling $1.5 million

                                                                         1,829
                                                                         jobs have been created through
                                                                         our financing program

 $90,607                    9                       5                    Western Economic Diversification
  average loan        startup loans          expansion loans
    amount                                                               Canada provided WESK with a
                                                                         total of $5M, which has grown to

                                                                         $7.9 million
                                                                         allowing us to support even more
                                                                         entrepreneurs

       3                144+                      557
  businesses
  purchased
                      jobs created/
                       maintained
                                            jobs saved through
                                           the federally-funded
                                                                         55,297
                                            Regional Relief and          women have contacted the WESK
                                              Recovery Fund              offices for information since 1995
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
COVID-19
                                                                             PANDEMIC RESPONSES
                                                                             In March 2020, the gravity and impact of COVID-
                                                                             19 compelled organizations to rapidly adjust how
                                                                             they conducted business. WESK shifted practices
                                                                             to make it easier for women to receive key supports:

Championing women’s
social and economic                                                                    Waived our annual membership fee for April

justice in a pandemic
                                                                                       and May of 2020

After 25 years of standing with        forward to seeing women-owned                   New payment solutions for our loan clients
women entrepreneurs through            businesses reopen as the province
good times and bad, it is hard to      achieves herd immunity.
capture what this past year has
meant to us all. We have been          The WESK offices shifted to work-
                                                                                       Free weekly webinars, virtual workshops, and
managing the impacts of COVID          ing remotely last year, and through             virtual networking events
for many months now. At this time      our virtual presence, we continued
last year, we were already working     to provide support and resources
hard to create high-quality virtual    to our members and all Saskatch-
programs and pivoting approaches       ewan during this period of uncer-               COVID-19 webpage with information,
to deliver great services despite      tainty. We’ve been far apart, but               resources, and tips for small business owners
the challenges of social distancing.   we have also explored new ways
Our hearts go out to those who         to connect. This year provided an
have lost loved ones and those         opportunity to link up across the
                                                                                       Provided additional financial support up to
who cared for family members in        distance, bringing rural and urban              $60,000 for women entrepreneurs unable to
need this year. We’re all looking      entrepreneurs together.                         access government support for COVID-19
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
Looking back at the history of WESK
                                                                                       Highlighting the
                                                                                       achievements of 2020-2021
                                                                                       We have many accomplishments to               hasn’t changed. We are still commit-
                                                                                       celebrate from the past year at WESK,         ted to empowering women in business
                                                                                       including our 25th year Anniversary!          and supporting them to overcome gen-
                                                                                       WESK was founded in 1995 when                 der-based barriers.
                                                                                       Western Economic Diversification
                                                                                       Canada commissioned a number of               This year, we focused on delivering pro-
                                                                                       focus groups across the province. Par-        grams and services in a virtual world.
                                                                                       ticipants represented women from dif-         Despite the challenges of social dis-
                                                                                       ferent cultural backgrounds, stages of        tancing, we hosted two of our signature
                                                                                       business development, and geography.          entrepreneurship programs online (The
                                                                                       They were tasked with identifying bar-        Exchange and Founders Table) as well
                                                                                       riers faced by women entrepreneurs in         as our annual Small Business Confer-
                                                                                       Saskatchewan, as well as services and         ence. We also celebrated the release of
                                                                                       programs to assist them in achieving          a final report from the WESK-led Sas-
                                                                                       their goals. Much has changed in the          katchewan Advisory Committee, and
                                                                                       25 years since WESK began, including          we’ve already advanced several key
                                                                                       a significant rebrand. But one thing          recommendations.

                                                                                       View our 25th anniversary video

                         JUL. 27, 2020
                                                                               SEPT. 29 –
                      Release of Saskatchewan                                 OCT. 2, 2020                                      MAR. 8, 2021
                  Advisory Committee’s final report
                   of recommendations “Enabling                                 Virtual Small                               Hosted an online event for
                       Scale in Saskatchewan”                               Business Conference                          International Women’s Day 2021

MAY 17–21, 2020                                       SEPT. 2020                                     OCT. 19 2020                                      MAR. 31, 2021
     Women                                     The Exchange: Rebound                               FHQ Developments                                Progess made on four of
  Entrepreneurs                               Edition and Founders Table                              partnership                                the recommendations from
   week in SK                                 2.0 both launched virtually                                                                        the Saskatchewan Advisory
                                                                                                                                               Commitee. To launch in April 2021
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
PROGRAMS

Empowering
women at every
stage of the                                         MATCHSTICK: SPARK FOR INDIGENOUS
entrepreneurial                                      WOMEN ENTREPRENEURS

journey                                              Women across Saskatchewan face
                                                     barriers to making their business
                                                                                           advising for entrepreneurs, and
                                                                                           mentoring. Matchstick connects
                                                     dreams a reality, and for Indige-     women with like-minded entrepre-
WESK has over 1,200 members, and we strive           nous women, there are additional      neurs to share a wealth of knowl-
to support every woman that comes to us for          barriers. WESK is passionate about    edge, resources, and opportunities.
assistance. Our core programs support women          closing the gender-entrepreneur       This year, WESK provided access to
to take the next step in their entrepreneurial       gap for all women, and Matchstick     small business loans and resources
journey, whether they are starting, growing,         is a program specifically for First   for Indigenous entrepreneurs. We
scaling or purchasing a business. As our non-        Nations, Métis, and Inuit women       also developed and released a
profit organization expands, we continue to          who are either starting a business    final report for Matchstick, and we
find innovative ways to bring women together,        or seriously considering bringing     created three videos to describe
building up their confidence and capacity, and       their ideas to life.                  the importance of the project and
guiding them along the best path forward.                                                  showcase the program and partic-
                                                     The Matchstick program provides       ipants. This program has created a
In 2020-2021, our programs had great atten-          resources for those starting a        positive impact in a short time-
dance despite being limited to online engage-        business in Saskatchewan, and         span. Matchstick will relaunch next
ment tools. It’s easy to feel isolated when you’re   includes workshops, business          fiscal year.
an entrepreneur, and we believe that women
deserve to know that there are people rooting
for them who understand their business goals.
Over the past year, our programming provided
valuable resources and networking opportuni-
ties, in addition to free one-on-one appoint-
ments with business advisors. We also provided       “This program made me think and get
financing and pandemic recovery support,
helping women weather the storm of changes
                                                      a clearer idea of my business goals.”
brought on by the pandemic this year.                – Year 1 Participant
Celebrating 25 Years of Empowerment - Championing women entrepreneurs through seasons of global change - Women ...
PROGRAMS

FOUNDERS TABLE 2.0:
CONNECTING WOMEN IN TECH

According to a 2018 WESK report       Founders Table is a six-month tech-     equity, angel, and venture capi-
on women entrepreneurs, women         nology-focused mastermind group         talist funders in Saskatchewan,
are highly under-represented in       to help women take their technol-       all the while developing deep and
Canada’s tech sector, with only six   ogy business and management             meaningful relationships with like-
percent of founders identifying as    skills up a notch. Participants get a   minded women. It also includes
women. We know how important it       chance to meet and discuss topics       a tech symposium, open to all
is to connect women within under-     like team-building, design-thinking     members of the tech community.          supported by:
represented industries, and this      and product development, digital        This year, we brought close to fifty
program aims to address that gap      marketing, and funding pitches.         people together for a very power-
by providing support, mentorship,     The program is structured around        ful online session! Big thanks to our
and networking opportunities for      monthly meetings, where partic-         program facilitator, Saskatchewan
women tech founders.                  ipants pitch some of the biggest        tech entrepreneur, Katrina German.

                  The top session this year was a virtual speed networking event in January 2021,
                  where women in tech had the opportunity to pitch to eight investors.
                                                                                                                       FOUNDERS
                                                                                                                       TABLE 1.0

                                                                                                                       Founders Table 1.0
                  Our virtual retreat included cohorts from this year as well as from 2019-2020,                       continued to meet
                  as the pandemic disrupted plans for last year’s retreat.                                             this year even after
                                                                                                                       the conclusion of
                                                                                                                       the educational
                                                                                                                       components to
                                                                                                                       stay connected and
                                                                                                                       deepen relationships
                  We opened up a tech symposium to the broader tech community and brought                              with one another.
                  close to 50 people together for a very powerful online session.
PROGRAMS

                                                                              “The support and ideas
                                                                               through the women in
                                                                              The Exchange program
                                                                                has been invaluable.”
REBOUND AND CONQUER – THE EXCHANGE

Another cornerstone WESK pro-        56 monthly training sessions, and
gram is The Exchange. This program   over 200 coaching calls were made
serves as a catalyst for women       between women and their Board
entrepreneurs who are ready to
harness their true potential and
                                     Chairs. Seven Board Chairs stepped          “Thank you for the
                                     forward to participate from a vari-
take their businesses to the next
                                     ety of sectors, each representing a     opportunities and coaching
level of growth and profitability.
The Exchange provides women
                                     wealth of experience as a success-
                                     ful businesswoman combined with
                                                                              offered by WESK –­I would
with dynamic peer learning, coach-
ing calls, retreats, presentations   a passion for entrepreneurship.           not be where I am today
                                     We held three virtual retreats for
from well-seasoned experts, and
networking opportunities. Each       Exchange participants in Septem-        in business if not for WESK
part of this program is crafted to   ber 2020, January 2021, and May            and for The Exchange.”
hone business acumen and entre-      2021. These retreats focused on
preneurial strengths.                five pillars of business: Operations,
Those who participate engage in      Finance, Human Resources, Lead-
a three-year term, beginning with    ership, and Sales and Marketing.
creating a tailor-made Board to      Our year-end survey for The
nourish a sense of courage and
capacity. Boards consist of 8-12
                                     Exchange highlights the impact
                                     of this program, and participat-
                                                                               “I have loved being
women entrepreneurs, who are
carefully selected to exchange
                                     ing women spoke to the value              part of The Exchange
                                     of this mentorship opportunity.
knowledge and lessons learned
along their business journey. This   The results are clear: meaningful,        program, I have met
year, 68 women participated in The
Exchange program, including eight
                                     supportive relationships advance
                                     women entrepreneurs and help
                                                                              some amazing women.”
Indigenous participants. We held     close the gender entrepreneur gap.
ADVOCACY                                         RECOMMENDATIONS FROM THE REPORT

                                                 1   ENHANCING ACCESS TO CAPITAL
                                                     • Create incentives for angel investors to provide access to capital and financial support
                                                       to women-owned and women-led businesses

                                                 2   DEVELOPING SCALE-ENABLING POLICIES
                                                     • Develop and monitor measures through a women entrepreneurship economic
                                                       scorecard

Advocating                                           • Incentivize job-growth as a mechanism to encourage scale in companies with high
                                                       potential for success

for women in                                         • Implement a growth innovation fund and connect recipients to mentors to increase

business at the
                                                       potential for success
                                                     • Develop and implement mechanisms to enable childcare for women entrepreneurs

provincial level
                                                       in scaling phase

TAKING ACTION WITH THE
                                                 3   STREAMLINING ACCESS TO DATA, PROGRAMS AND NETWORKS
                                                     • Build an entrepreneurship hub for women entrepreneurs
SASKATCHEWAN ADVISORY
COMMITTEE ON THE GENDER                              • Create partnerships with educational institutions to provide relevant educational
ENTREPRENEURSHIP GAP                                   opportunities for existing and aspiring women entrepreneurs

In 2019, the Government of Saskatchewan
created the WESK-led Saskatchewan Advisory
Committee with a mandate to advise the Gov-
ernment on strategies, policies and activities
to close the gender entrepreneurship gap. The    4   ENHANCING AWARENESS AND SUPPORT BY BUILDING MOMENTUM
twelve members were specifically tasked with         • Increase awareness of the contribution of women entrepreneurs to the Saskatchewan
examining gender disparity in business growth.         economy and profile the successes of individual women entrepreneurs
In July of 2020, the Committee concluded             • Launch a brand that uniquely identifies Saskatchewan women entrepreneurs
it’s work with the launch of a final report of
                                                     • Launch a charter to build a pool of champions in support of women entrepreneurs
recommendations entitled “Enabling Scale in
Saskatchewan”.
ADVOCACY

What this means for WESK
WESK has been at the frontlines        their commitment to advancing              relevant programs, services, and
of provincial advocacy for women       gender parity and equality through         resources based on their stage of
entrepreneurs, and the formation of    economic activity. We encouraged           business. We launched a new website
the Saskatchewan Advisory Com-         Champions to establish targets to          to be better geared towards women
mittee was a direct result of calls    increase engagement with, and sup-         entrepreneurs in all phases of busi-
to action by our organization. June    port of, women-owned Saskatche-            ness. We developed a one-stop shop
2020 marked the conclusion of the      wan businesses that are in align-          resource library with webinars, blogs,
Committee’s work, and a report of      ment with organizational objectives.       custom business plan templates,
recommendations was published in              We also developed a new             and external resources, as well as
July 2020. WESK worked on execut-       2     brand identity for wom-             phase-specific landing pages with
ing four of those recommendations,     en-owned businesses in Saskatch-           custom-curated content for each
and we are proud of the advance-       ewan. Women were invited to self           stage of entrepreneurship.
ments made over a short, challeng-     declare and gain access to the Wom-             WESK is currently working on
ing time period.                       en-Owned Businesses brand iden-             4   a campaign to raise aware-
      One key action was the launch    tity. They will also receive invitations   ness about the accomplishments
 1    of the Saskatchewan Women        to exclusive events and appear in our      and economic contributions of Sas-
                                       Women-Owned Saskatchewan Busi-
Entrepreneurship Charter in April                                                 katchewan women entrepreneurs.
                                       ness Database.
2021, with four principles to pro-                                                You may have noticed our recent
vide guidance for supporting local           We worked hard this year             #WomenEntrepreneurshipWednes-
women-owned businesses. WESK            3    to create a Digital Entrepre-        day posts on social media. Stay con-
invited influential organizations to   neurship Hub on our WESK site to           nected as we work to expand this
sign on as Champions to express        allow entrepreneurs to easily access       campaign throughout the year.

  View more information about the Committee recommendations
EVENTS

Virtual events from
the last year                                                         MONIQUE SIMAIR
                                                                      MAVEN WATER AND
                                                                                         DEBBIE ROSS
                                                                                         SASKATOON AGRI-
                                                                                                               CHRISTIE PETERS
                                                                                                               PRIMAL; THE HOLLOWS
                                                                      ENVIRONMENT        AUTO PARTS
This year required a new approach to events, but the pandemic
didn’t slow us down or keep us from gathering virtually for learn-
ing and networking. In 2020-2021, WESK hosted 25 events with
a total of 1754 attendees.

Shaken     with a TWIST
                                                                      JANNA DUTTON       KARRI HOWLETT         MACKENZIE KILSHAW
                                                                      DUTTON GROUP TIM   KARRI HOWLETT         (FIRBY)
                                                                      HORTONS            CONSULTING            TWO FIFTY TWO BOUTIQUE
SHAKEN
Each month, WESK brings forward a respected entrepreneur or
business professional to be interviewed by moderator Shawna
Nelson. Shaken is Saskatoon-based and the season this year
included nine virtual events, each with an average attendance of
approximately 60 people. This event series provides an opportu-
nity to hear candid advice, reflections, and tips for entrepreneurs
based on the wisdom of experienced entrepreneurs. We’re so
grateful to all our sponsors this year, and all of the speakers who
shared their stories. WESK welcomes members and non-members
alike to these events, and it’s a great way to get involved with      MELANIE MORRISON   TINA BEAUDRY-MELLOR   VERONIQUE LOEWEN
WESK and see what our organization has to offer.                      BETTERCART         FORMER MINISTER       VEROLINGO
                                                                                         RESPONSIBLE FOR THE   COMMUNICATIONS
                                                                                         STATUS OF WOMEN
EVENTS

                                                                                    uncorked
                                                                                          unpredictable & unfiltered

                                                                                UNCORKED
                                                                                Uncorked is a Regina-based networking event where local
JANETT LEE             DARCI-LANG                TINA BEAUDRY-MELLOR
THE STORY CO.          MOTIVATIONAL SPEAKER      FORMER MINISTER                entrepreneurs are invited to relax, listen, and learn from local
                       AND TRAINER               RESPONSIBLE FOR THE            business experts. Uncorked aims to inspire through storytelling
APRIL 2020
                       MAY 2020
                                                 STATUS OF WOMEN                and casual couch conversation as we ask some of the bold-
                                                 JUNE 2020                      est businesswomen and leaders of the community the most
                                                                                unpredictable and unfiltered questions about business, life,
                                                                                and community. This year, we hosted nine virtual Uncorked
                                                                                events. Sessions are live, and each event saw great engage-
                                                                                ment from the local community and our network of members.
                                                                                We couldn’t have done it without the generous contributions
                                                                                of our sponsors and speakers. Here’s to another year of events
                                                                                filled with laughter and inspiration. We are hopeful that in the
                                                                                year ahead, we’ll be able to bring people together in person for
                                                                                these conversations!

JEANNE MARTINSON       SANDRA MASTERS            AIMEE SCHULHAUSER
WOOD DRAGON BOOKS      RICHARDSON PIONEER LTD.   SERIAL ENTREPRENEUR
SEPTEMBER 2020         OCTOBER 2020              NOVEMBER 2020

LEANNE BELLEGARDE    THOMAS BENJOE               JENNIFER DENOUDEN     DANIELA MINTENKO
AKAWE TECHNOLOGIES   FHQ DEVELOPMENTS            AVANA                 DANDY’S ARTISAN ICE CREAM
                                                                       & LUXE ARTISAN CHOCOLATES
JANUARY 2021         JANUARY 2021                FEBRUARY 2021
                                                                       MARCH 2021
EVENTS

SMALL BUSINESS CONFERENCE
Our Small Business Conference is a long-standing tradition at WESK, where typically we bring members,      CELEBRATION OF
entrepreneurs, business professionals, and community leaders together in person for a full-day event.      ACHEIVEMENT AWARD
This year, due to the pandemic, we pivoted to a virtual conference and hosted a week of workshops
and panels.
                                                                                                           Extraordinary women deserve
WESK hosted three panel discussions and three workshops, each of which engaged a wide range of             to be celebrated. In May 2020,
participants. We are grateful to all our speakers for sharing their expertise with 476 attendees. We are   we recognized Katherine Reg-
especially grateful to to Conexus Credit Union, our Presenting Sponsor.                                    nier, CEO of Coconut Software,
In February 2021, WESK announced the rebrand of the gala and conference to the WESK Summit and             as the winner of the 3rd annual
Gala. Our next annual report will include a recap of our first ever WESK Summit! Stay tuned.               Celebration of Achievement
                                                                                                           award! This award pays trib-
                                                                                                           ute to an exceptional woman
                                                                                                           entrepreneur who has built
    Jewels of Saskatchewan Panel                            Champions for Change Panel                     a business in Saskatchewan
                                                                                                           with a significant impact on
                                                                                                           the economy and the commu-
    Devon Fiddler, SheNative Goods                          Eric Dillon, Conexus Credit Union              nity. Coconut Software aims
    Jess Tetu, Serial Entrepreneur                          Murad Al-Katib, AGT Foods                      to modernize how banks and
    Krista Moe, Shellbrook Pharmacy                         Thomas Benjoe, FHQ Developments                credit unions engage, and Kath-
    Rachel Mielke, Hillberg & Berk                                                                         erine is a passionate advocate
                                                                                                           for women in tech. Thank you,
    Moderated by: Prabha Mitchell, CEO of WESK              Moderated by: Pam Klein, Phoenix Group         Katherine, for all of the ways
                                                                                                           you are helping women over-
                                                                                                           come barriers to business.

    Venture Capital Panel                                   Website UX Workshop

    Eric Clark, PFM Capital                                 Katie Osborne, Bravo Tango

    Jason Drummond, Broad Street Bulls
    Laurie Dmytryshyn, PIC Investment Group
                                                            Brand Storytelling Workshop
    Moderated by: Christine Hrudka,
    Pharmacy First                                          Nykea Behiel, Rock & Bloom

                                                            A Taste of Bene Brown Workshop
         Presented by
                                                            Kellie Garrett, Kellie Garrett Enterprises
NETWORK                                                                                                   MEMBERSHIP OPTIONS

                                             MEMBERSHIP SPOTLIGHT                                                THE PIONEER
                                                                                                                 ($25+ GST)

    Building                                                  KATRINA WHYTE
                                                                                                                 She is the first.

    our network                                               Owner, Taste Patisserie by Katrina
                                                              Moose Jaw, Saskatchewan
                                                                                                                 The Pioneer package is ideal if you
                                                                                                                 have an idea, or are thinking about
                                                                                                                 entrepreneurship. If you want to
                                                                                                                 be in WESK’s sphere of influence,
                                              Q: What motivates you to be an entrepreneur?                       but don’t know where to start, The
    MEMBERSHIP GROWTH                         A: I want to build and create something wonderful for my           Pioneer package is perfect for you.
                                              community, and I want it to operate well so that it will be
    WESK was founded 25 years ago
                                              here for years to come. I was also raised in a generation
    with six members. Since then, our
                                              where I was told a girl could only go so far, that I could
    organization has grown to more than
    1200 members, each of whom are
                                              only reach so high. I refuse to believe that. In fact, I think     THE TRAILBLAZER
                                              women are what is missing from the business world.                 ($125+ GST)
    making an impact on the Saskatch-
    ewan economy. Our membership
    is diverse, with members located          Q: What supports have meant the most along the way?                She is providing it’s possible.
    all over our province in a variety of     A: It’s so important to surround yourself with people
                                                                                                                 The Trailblazer package is ideal if
    industries and stages of business.        who believe in you and want to help you achieve your               you are starting a business and
    Diversity is one of our core values as    dreams. The support of my husband and children have                want continual support from
    an organization, and we aim to be as      been absolutely invaluable to me. I was also blessed               WESK throughout your journey.
    inclusive as possible. The pandemic       early on to be introduced to the best bunch of women               We will connect you to resources
    presented unprecedented financial         entrepreneurs ever! Nobody can do this alone.                      for Saskatchewan entrepreneurs,
    strains on women in business, and                                                                            and the people you need to get
    we offered free memberships for                                                                              established.
                                              Q: How has WESK made an impact on your journey?
    April and May 2020. WESK has also
    worked hard to revamp our member-         A: They believed in me! And when I needed more capital
    ship options, and we launched a new       to handle some unforeseen expenses during start-up,
    model in April 2021.                      they encouraged me and provided what was needed to                 THE
                                              help me succeed. They keep up to date with me offering
                                              assistance and support. It helps me to not feel alone.
                                                                                                                 CHANGEMAKER
                                                                                                                 ($375+ GST)

                                              Q: What do you have to say to other women entrepreneurs?           She is making the difference.
                                              A: Be brave and dare to dream. Small businesses are the            The Changemaker package is ideal
                                              backbone of any community. My business is not just a               if you are already established and
                                              bakery. It’s a place where people come to celebrate and            are looking to take your business
                  1212                        to mourn - it’s become an important part of the com-
                                              munity. So dream. Plant your seed and watch it grow and
                                                                                                                 to the next level. WESK will help
                                                                                                                 you scale your company and make
             members across                   stretch and change. In the end, it will grow into some-            meaningful connections to other
              the province                    thing beautiful!                                                   entrepreneurs and corporate execs.
1
7
ADVISING

Supporting
women through                                                                    9,307                        55,297
entrepreneurial                                                                  women have accessed
                                                                                 our Business Advising
                                                                                                              women have contacted
                                                                                                              the WESK offices for

advising
                                                                                 Program since 1995           information since 1995

   SERVICE IMPACT                                                                1,816                        1,629
                                                                                 business advising            information requests
   Confidence matters in business, and WESK is here to help                      appointments this year       were received this year
   women step into bold leadership as entrepreneurs. No matter
   what stage of the journey an entrepreneur finds herself in, our
   business advisors are here to lend an ear, provide guidance, and                                          “Don’t be afraid to reach
                                                                                                              out and ask for help.
   point to the right resources. Members are quick to tell us about

                                                                                 245
                                                                                                              There are lots of WESK
   the impact of having someone take the time to understand                                                   resources available!”
   their business goals and challenges, support them in creating
                                                                                                              – Dr. Monique Simair
   a business plan, or help them take the next step toward their                 new clients this year        Founder of Saskatoon-based
   vision. These supports are invaluable, especially in light of the                                          Maven Water & Environment
   gender-based barriers that exist for women.

   ALL ACCESS EXPERT ADVICE
   The All Access Expert Advice Program is an exclusive opportu-
   nity to connect with professionals in Saskatchewan. The WESK
   roster of experts includes those in marketing, legal, accounting,              75 appointments
   and human resources industries! This high-impact, low-barrier
   service provides tailored support for women, whether they are

                                                                             3                    10         26                    36
   starting, growing, or scaling a business. The All Access Expert
   Advice Program has been running for three years now, and we
   owe it all to our partners and specialized experts. Your gener-     human resources          marketing   accounting              legal
   ous support to this program helps to fill in the gaps for women
   running small businesses across the province.
FINANCING

Kick-starting
women-owned businesses                                                                       JOHN AND BERNICE WILLIAMS AND
                                                                                             NORTH PRAIRIE DEVELOPMENTS
FINANCIAL SUPPORT                                                                            EQUITY INVESTMENT FUND
A key finding of the Saskatchewan Advisory Committee on the Gender Entre-
preneurship Gap was that women are less likely to secure capital than men.                   Managed by WESK, this fund has disbursed a total
WESK understands how hard business capital can be to access - particularly for               of 13 Equity Investment Loans – totalling $87,641 –
women - and our WESK Financing Fund aims to address this gap with loans of up                since its inception in 2012.
to $150,000 (or more through our partnerships).
We are thrilled to continue the legacy of financial support for women entrepre-
neurs, and this year we funded a number of new loans through the WESK Financing
Fund and helped protect many Saskatchewan jobs through the Regional Relief and               REGIONAL RELIEF
Recovery Fund (RRRF). If your business is majority woman-owned and controlled                AND RECOVERY FUND
(51%), come talk to our friendly business advisors to see how a loan could help you
grow your business. Interest paid from your loan goes back into our financing fund,
which helps us provide even more loans to women entrepreneurs.                               The Regional Relief and Recovery Fund was
                                                                                             announced by the Government of Canada to pro-
We’ve been supporting women entrepreneurs for 25 years!                                      vide financial support directly to small and medi-
Since 1995:                                                                                  um-sized women-owned businesses. Loans of up
                                                                                             to $60,000 are available through WESK to address
    766   loans have been disbursed for women                                                COVID-19 impacts on short-term stability.
    Businesses have received a total of   $40.4 million      through our financing program   This access to financing will support small enter-
                                                                                             prises that are unable to access larger federal relief
    Over $3.4   million     has been leveraged as a result of our financing                  funding programs, or unable to obtain a loan/credit
                                                                                             from traditional financial institutions, and that are
    Western Economic Diversification Canada provided WESK with a total of $5 million,
                                                                                             struggling with working capital needs.
    which WESK has grown to $7.9 million
                                                                                             Between April 1, 2020 – March 31, 2021 WESK
    1,829   jobs have been created through our financing program                             approved:

In 2020–2021:                                                                                98   RRRF loans

    17 new loans, totalling $1.5 million and 98 current loans, totalling $6 million          $3,153,175    in RRRF loans
    Our loan fund created/maintained   144   FTE jobs in our province this year              $32,175 RRRF loan average
    Our average loan this year was $90,607                                                   557   jobs saved
    9 new business start-ups, 5 expansions, 3 existing businesses purchased
SKILLS AND TRAINING

Enhancing entrepreneurial
capacity and skills

                                                                                     2,652
TRAINING PROGRAMS
Learning never stops for an entrepreneur. WESK’s signature workshop, Business
Plan Basics, provides an in-depth step-by-step for developing a business plan.
                                                                                    entrepreneurs
This 1.5-hour virtual workshop teaches first-time entrepreneurs the strategies
for moving their business idea out of their heads and into a plan.                 participated in...
This year, WESK connected over 2,500 entrepreneurs to training through more
than 100 workshops. Each week, we offered different webinars on a variety of
business topics. In addition, we took our three annual full-day workshops and

                                                                                        111
convereted them each into the following webinar series:

          Learning Month with Deloitte series on accounting for entrepreneurs         workships
                                                                                      this year
          Marketing Madness series to support focused, consistent, efficient
          and cost-effective online marketing efforts

          Legal Tips for Entrepreneurs series on small business legal
          considerations
                                                                                    28,271
                                                                                  entrepreneurs have
We are proud of the diversity of topics and focus areas we covered this year,       attended WESK
and we look forward to continuing these webinar series into the coming year.     workshops since 1995
SPONSORS

Depending on our community
Thank you to all of our generous funders! We couldn’t do it without you.

SHAKEN WITH A TWIST

UNCORKED

SMALL BUSINESS CONFERENCE
OUR TEAM

                                            OUR BOARD

Celebrating
the WESK
team                                        DANIELLE GRAFF
                                            CHAIR
                                                             JILL POULTON
                                                             PAST CHAIR
                                                                              CLAIRE
                                                                              BÉLANGER-PARKER
                                                                              DIRECTOR

SHOUT OUT TO OUR
AMAZING BOARD AND
STAFF MEMBERS
The 2020-2021 fiscal year was not
without challenges, but it brought out
our strengths and helped us refocus
on what matters most. We appreciate         COLLEEN DIXON    RHONDA SPENCER   KELLY BANNISTER
all the energy our team poured into         DIRECTOR         DIRECTOR         DIRECTOR
adapting WESK’s work this year, and we
want to thank our members and partners
for building strong relationships with
us. The trust placed in us to help meet
business goals is not taken lightly, and
we will continue to strive for excellence
by every measure.
Thank you to the board members for
their wisdom and guidance, and to all our
staff, members, and partners for making
our 25th year one to celebrate.             LEIGH KAUFMANN   LEANNE JOHNSON
                                            DIRECTOR         DIRECTOR
OUR TEAM

SASKATOON

PRABHA MITCHELL           LORI JESTIN-KNAUS   DANIELLE GRIMES       CARA COTE            NICK KOCHAR
CHIEF EXECUTIVE OFFICER   REGIONAL MANAGER    BUSINESS ADVISOR      BUSINESS ADVISOR     PROGRAM ADVISOR
                          NORTH

KAURIE MAY                JODI MACMILLAN      OLU FATOYINBO         JEANINE ARMILLOTTA   JOSIE FRIES
MANAGER OF FINANCE        FINANCIAL ANALYST   LENDING ADVISOR       LENDING AND          MARKETING ADVISOR
AND ADMINISTRATION                                                  ADMINISTRATIVE
                                                                    COORDINATOR

REGINA

                                                    NO PHOTO                                    NO PHOTO
                                                    AVAILABLE                                   AVAILABLE

HEATHER BLOUIN            AMANDA PARKINSON    BRITTANY SCOTT        LOLA ADEBOGUN        BRONWEN MALLOY
REGIONAL MANAGER          BUSINESS ADVISOR    PROJECT COORDINATOR   MARKETING AND        COMMUNICATIONS
SOUTH                                                               ADMINISTRATIVE       INTERN
                                                                    ASSISTANT
From start up to scale up, your success is our only goal. Since 1995, WESK has helped thousands
of women start, purchase and expand their businesses through access to business support,
financing, training, and networks.
WESK is proud to be affiliated with the Women’s Enterprise Organizations of Canada
(WEOC). Committed to the growth of women’s entrepreneurship, WEOC works with women’s
enterprise support organizations, like WESK, to champion innovation, broaden expertise, and
enhance collaboration.

WESK is proudly supported by Western Economic Diversification Canada.

SASKATOON OFFICE                                          REGINA OFFICE                           FOLLOW US ONLINE

108 - 502 Cope Way                                        200 – 1965 Broad Street
Saskatoon, SK S7T 0G3                                     Regina, SK S4P 1Y1                                          @wesk306
                                                          (located in Path Co-work)
Phone: 306-477-7173
Toll-Free: 1-844-900-WESK (9375)                          Phone: 306-359-9732                         LinkedIn WESK – Women
                                                          Toll-Free: 1-844-901-WESK (9375)            Entrepreneurs of Saskatchewan

www.wesk.ca              info@wesk.ca
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