Published: May 17th, 2021
Visa Canada recently named ten women-owned small businesses among the recipients of its national grant program which was launched in February 2021 in partnership with IFundWomen, a marketplace for women-owned businesses.
These Canadian women entrepreneurs will receive a grant of CA$10,000 each and one-year of business coaching through IFundWomen to support, grow and expand their businesses, the company noted in a press release.
According to the Visa Canada Small Business Outlook Spring Survey, one in five women-owned small businesses in Canada indicated a grant would be helpful for near-term survival or growth. Furthermore, a $10,000 grant would cover at least half of the financing needs for over 60 per cent of these businesses.
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along with resources and mentorship through IFundWomen to grow and expand their businesses
TORONTO, April 29, 2021 /CNW/ - Today, Visa Canada announced the recipients of its inaugural She s Next Grant Program in Canada to boost and empower women entrepreneurship. As an extension of Visa s global She s Next Grant Program, ten Canadian women entrepreneurs received a grant of $10,000 CAD and one-year business coaching through IFundWomen to support, grow and expand their businesses.
COVID-19 has highlighted the need to support Canadian small businesses now more than ever, as most (67 per cent) say that 2020 was a challenge and that their business is still recovering