WEL Manitoba

Joelle Foster
MP, WEL Manitoba

Sandra Foster
MP, WEL Manitoba

Driven and dynamic women deploying capital together.

Investing is the intersection of economics and psychology and more women are gathering at this intersect every day.

About WEL Manitoba

WEL Manitoba is passionate about investing in start ups. The start-up sector is an essential driver of strengthening the Canadian economy. Our group of female investors reviews deal flow from across Canada. We invest in both women and male-led startups.

female investor meeting
WEL Manitoba GPs

Collective Investing & Experiential Learning

WEL Manitoba embraces the diverse ecological community across our great province. Its group includes seasoned investors, mega-entrepreneurs, and a diversity of impressive professionals from finance to education. The group combines its deep expertise to learn from each other and make investments in early stage companies together.

The General Partners of WEL Manitoba are Joelle Foster, Rosalie Harms, Sandra Foster and Priti Mehta Shah.

women brainstorming


No, this is an initiative where everyone in the group benefits and shares in the process equally which is what makes it educational and fun. There are no management fees. An admin fee covers operational items such as annual tax filings for the duration of the portfolio. To help sustain the organization, there is a small carry charge on profits after investors have been repaid their investment and admin fees. All participants profit equally.

Become an Investor

Learn by doing & build a portfolio at the same time

WEL Manitoba provides a collaborative and fun environment for women to experiment with investing in early stage ventures with a small amount of risk capital. Here you’ll gain access to innovative companies, learn the ins and outs of investing, build your network of likeminded successful women, and create an investment portfolio of one or more companies. As a woman angel investor – you will be a leader and change-maker, inspiring other women to join the movement.

Apply for Funding

Get support from WEL Manitoba

If your company is early stage and based in Canada then WEL Manitoba might be the right source for funding. Even though we might not take the entire round, our relationships and affiliations with high net worth individuals and other WEL funds and angel groups across Canada can potentially help you raise further funding.