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First Successful Applicants of Women Entrepreneurship Fund Announced Includes Richmond Hill-Based EmergiTEL

Woman Drawing on a WallTo mark International Women’s Day, the Government of Canada today announced the first successful recipients of the Women Entrepreneurship Fund, a $20 million fund that provides direct investments to women-led businesses. It is part of the larger $2-billion Women Entrepreneurship Strategy outlined in the 2018 budget.

The newly announced recipients will each receive investments of up to $100,000 to grow their businesses and reach new markets. The goal is to double the number of majority women-led businesses by 2025. Right now, fewer than 16 per cent of SMEs in Canada are led by women.

Richmond Hill-based emergiTEL, a recruitment agency providing both full-time and temporary jobs for over a decade was one of the companies selected.

Full Article: techvibes.com

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