Up to $30K in fund matching is available for Southern Ontario startups via the i.d.e.a. fund for green growth.
The Canadian federal and provincial governments have teamed up to help Communitech create the Fierce Founders Uplift program, which has awarded $100K during this round of funding alone.
The search for funding options, free resources, and customized mentorship should be a vital focus for entrepreneurs wishing to break through the glass ceiling that prevents many Canadian startup businesses from reaching great heights.
The Canada Emergency Wage Subsidy (CEWS) has been extended to October 2021. This program covers up to 75% of employee wages for eligible businesses impacted by COVID-19.
The Black Entrepreneurship Loan Fund aims to reduce barriers Black Canadians face in accessing funding by providing support loans of up to $250,000 to eligible Black Canadian business owners and entrepreneurs for economic business growth and success.
FedDev Ontario has announced an investment of $750k towards the Parkdale Centre for Innovation, a not-for-profit business accelerator, to expand its entrepreneurship program and support options for less represented groups.
The Canada Emergency Business Account (CEBA) has increased their max interest-free loan size to $60K. Those who received CEBA already are eligible for additional funds.
The Canada Emergency Rent Subsidy (CERS) is a rent relief program from the federal government in the wake of COVID-19.
The Ontario provincial government is investing over $2M in small business training and financial support.
Even in Canada, where feminism and the fight for equal rights have come a long way, women entrepreneurs continue to face unique challenges when starting their own businesses.