The Government of Canada is advancing women’s economic empowerment with the first ever Women Entrepreneurship Strategy (WES), a $2-billion investment that seeks to double the number of women-owned businesses by 2025.
Today, the Honourable Mary Ng, Minister of Small Business and Export Promotion, joined Julie Dzerowicz, Member of Parliament for Davenport, to announce an investment of up to $19 million in women entrepreneurs and organizations supporting women entrepreneurs in Ontario. This funding is administered through FedDev Ontario and FedNor.
Through the Women Entrepreneurship Fund (WEF), 74 women-owned or -led businesses will each receive an investment of up to $100,000 to help them grow their business and reach new export markets. The total investment in these entrepreneurs is up to $6,858,759. See list of recipients of WEF support.
Read the full story on the Government of Canada website.