Government announces slew of women entrepreneurship investments ahead of election

Aug 23 16:08 2019 Print This Article

As election season creeps closer, the federal government has made several announcements this week for investments in women-led startups, organizations, and universities dedicated to supporting women in business. The funding comes through the government’s $2 billion Women Entrepreneurship Strategy. Here’s a roundup of the announcements.

Wilfrid Laurier University

Wilfrid Laurier University (WLU) received $1,385,000 to offer support to women entrepreneurs at the early-stage startup phase, as well as those looking for incubator and accelerator space. Focus will be given to non-tech sectors and entrepreneurs creating social enterprises.

“The full and equal participation of women in our economy and society is a priority for our government.”

The university is a Women’s Entrepreneurship Strategy Ecosystem Fund recipient as part of the Regional stream, which fund projects that are national or multi-regional in scope. FedDev Ontario deployed the funding for WLU. The WES Ecosystem fund is part of the government’s Women’s Entrepreneurship Strategy, which is investing nearly $2 billion to improving women’s access to capital, resources, and networks to grow their businesses.

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