$2M Boost for Women Entrepreneurs in Canada

Innovation, Science and Economic Development Canada

The federal government is taking action to advance gender equality and support the full participation of women in our economy for the benefit of all Canadians.

Today, the Honourable Rechie Valdez, Minister of Small Business, announced that the federal government is investing $2 million in a project to support women entrepreneurs across Canada in growing their skills. The project is being delivered by Coralus, a non-profit organization that supports business ventures led by women and non-binary people.

As part of the project, training is being provided to over 375 women-owned businesses on topics such as fundraising, bootstrapping, accessing capital and setting up e-commerce.

Coralus is also establishing new relationships with organizations serving Indigenous entrepreneurs, equity-deserving entrepreneurs, newcomers to Canada, people with disabilities, 2SLGBTQI+ individuals and rural communities to increase the diversity of participants. Personalized coaching is also offered as part of the project, as well as networking events to support more women entrepreneurs from coast to coast to coast.

This project complements work being done through the federal government's Women Entrepreneurship Strategy (WES) to close service gaps for women in the entrepreneurship ecosystem. Since its launch in 2018, WES has helped tens of thousands of women get the support they need to start or grow their businesses.

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