Asset Building Programs
One of the reasons people on low incomes face difficulties trying to get ahead financially is that they lack assets which can be leveraged to increase one’s income. Asset Building Programs were developed to address this problem.
SEED Winnipeg’s Asset Building Programs assist low-income participants to save for productive assets or household necessities. To help participants meet their savings goals, our programs include money management training classes, matched savings credits that are added to the funds that participants save on their own, opportunities for peer support from fellow participants, and one-to-one support from SEED staff.
Get $500 for your child’s education! If you have a child born in 2004 or later, and are living on a low or moderate income, Building Blocks can help you get the Canada Learning Bond and it won’t cost you a cent!
Did your child attend the CSI program at a Winnipeg School Division #1 school between 2009 and 2013? If so, they may have earned a $400 bursary for their education after high school! SEED works with the Boys and Girls Clubs of Winnipeg to manage the bursaries earned by CSI students.
The Individual Development Account (IDA) Program provides support for low-income individuals and families to save toward buying a home, toward their education, their children’s education, or their spouse’s education, toward starting or expanding a small business, or toward disability supports including renovating their house for accessibility.
For agencies working with low income individuals facing multiple barriers.
Would you like to improve your financial situation? Is there something you or your family need, but it seems like you’ll never be able to save enough money? The Saving Circle Program helps low-income individuals and families to save for needed assets including furniture, medical expenses, a computer, education, a small business, or other household necessities.
Business Development Services
SEED’s Business Development Services help low-income individuals and groups develop and expand small business enterprises and co-ops in Winnipeg.
SEED’s BEST Program (Business & Enterprise Support & Training) begins with attendance at one of our Exploring Entrepreneurship workshops. Upon learning about SEED and our programs, workshop attendees are invited to apply to the first phase of the training process.
Recognition Counts is a two year pilot program that provides accessible, low interest loans to assist skilled immigrants to Manitoba with qualification recognition, upgrading and/or training needed for employment in the fields for which they have education and experience obtained outside of Canada. The program serves individuals in regulated and non-regulated professions and trades and is funded by the governments of Canada and Manitoba.
Recognition Counts was designed by SEED Winnipeg and ACU in collaboration with the Manitoba Government. Manitoba Immigration and Multiculturalism and the Foreign Credential Recognition Loans Pilot Project of Human Resources and Skills Development Canada (HRSDC) fund the program. HRSDC is providing SEED Winnipeg with $1.2 million, including $1 million for a loan loss reserve that will guarantee 80 percent of each loan. SEED plans to grow the loan loss reserve.