Programs

Saving Circle

Participants receive $3 for every $1 they save. $250 saved within a period of 6 months qualifies for $750 of matching funds for a total of $1000 that is used to purchase an asset goal.

Participants save money towards the purchase of necessities.

These matched savings programs are being offered in partnership with eight organizations in Winnipeg. Please see the list of partners in the “How Do I Apply?” section to see if you could qualify.

Note: All sites have limited spots and different start time. Reach out directly to the organization that could be a fit for you.

How does it work?

Participants receive $3 for every $1 they save. $250 saved within a period of 6 months qualifies for $750 of matching funds for a total of $1000 that is used to purchase an asset.

Participants can use their savings for the following goals:

  • Furniture
  • Computer
  • Education or Training Courses
  • Registered Education Savings Plans
  • Ability Supports

Am I eligible?

To qualify, applicants must…

  • live in Winnipeg
  • meet the program low income cut-offs (see below)
  • have a strong desire to improve their financial future
  • be willing and able to attend workshops

Applicants are not eligible if they, or someone in their household, has previously received matching funds from any Asset Building Program in Manitoba.

How do I apply?

Please contact SEED via email at abpadmin@seedwinnipeg.ca or directly reach out to one of SEED’s partner sites to apply for the Saving Circle.

Immigrant and Refugee Communities of Winnipeg (IRCOM) , 204-943-8765
(Open to newcomers to Canada in the past 5 years)

The Link , 204-949-6500
(Must be a program participant of The Link)

NorWest Co-op Community Health , 204-782-8793
(Open to anyone who meets the eligibility criteria above, priority given to Inkster residents)

Pluri-elles , 204-223-1735
(Open to French speakers)

Manitoba Possible , 204-975-3103 (Open to anyone living with a visible or invisible disability)

Urban Circle , 204-589-4433
(Must be enrolled in an Urban Circle training program)

Ma Mawi , 204-925-0340
(Open to anyone who meets the eligibility criteria above)

Low Income Qualification Chart

Household Size Maximum Gross Household Income
1 person $20,636
2 persons $25,691
3 persons $31,583
4 persons $38,346
5 persons $43,492
6 persons $49,051
7 or more persons $54,611

SEED Winnipeg looks at household income to help determine eligibility for our programs. We use Statistics Canada’s Low-Income Cut-Off (LICO) as a guide (we use 75% of LICO). Other factors besides LICO are also considered.