INVESTING IN WOMEN ENTREPRENEURS
Startup Canada and OnDeck Canada® announced the recipients of the 2019 Startup Canada Women Founders Fund for women entrepreneurs leading STEM (science, technology, engineering, math) businesses on October 23rd at the Startup Canada Awards Ceremony in Toronto. The fund provides micro-grants to women-led companies in Canada to help them start and grow their businesses while accelerating gender parity.
“From raising Venture Funding to build a reputed brand, women entrepreneurs in the STEM sector face several challenges along their journey. In fact, only about 5% percent of tech startups are women owned” said Victoria Lennox, CEO of Startup Canada. “The Startup Canada Women Founders Fund provides opportunities for women to start-up strong and prepare to scale. We look forward to seeing the recipients grow their companies and create meaningful impact in their communities.”
The more than 200 applications from across Canada, were adjudicated by an esteemed Adjudication Committee, including Katrina Caroll Foster, the CEO of Kollectively, Miryam Lazarte, the CEO of LatAm Startup, Marney Stapley, Vice President of North Forge Technology Exchange, Mandy Potter, Founder of Jane, and Francine Whiteduck, Founder of Whiteduck Resources Inc., among others.