The Government of Canada is advancing women‘s economic empowerment with the first ever WomenEntrepreneurship Strategy, a $2-billion investment that seeks to double the number of women-owned businesses by 2025.

The Honourable Mary Ng, Minister of Small Business and Export Promotion, announced an investment of $1.7 million in ventureLAB, a local tech incubator. This investment will enable ventureLAB to help a greater number of women-led tech companies that build software- or hardware-enabled solutions for priority growth sectors. These include digital health, advanced manufacturing and digital media. This funding is administered through FedDev Ontario.

The Women Entrepreneurship Strategy complements the Government of Canada’s efforts to advance gender equality. These efforts include addressing pay equity, providing more affordable child care and putting an end to gender-based violence.

 

 

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