Get you up to speed: New federal funding to support Canadian women in business
Minister of Women and Gender Equality Rechie Valdez announced an investment of £173.7 million to support businesswomen in accessing financial resources, training, and mentorship. The funding is aimed at enhancing opportunities for women entrepreneurs.
The investment will be administered through various organisations to support women entrepreneurs across the country. Additionally, Minister Rechie Valdez did not specify a timeline for the rollout of the funding or the targeted number of beneficiaries.
Minister of Women and Gender Equality Rechie Valdez stated that the investment of $173.7 million will empower businesswomen by providing essential financial resources, training, and mentorship. This funding aims to enhance women’s participation in the economy, with further details on implementation expected to be outlined in the upcoming policy framework.
What remains unclear — It is not specified how the investment will be allocated among the different support initiatives for businesswomen.
Federal funding of £173.7 million announced to support women in business in Canada
Minister of Women and Gender Equality Rechie Valdez announced the investment of $173.7 million to help businesswomen access financial resources, training and mentorship.