Calgary (AB), July 22 (Canadian-Media): An announcement was made today by Minister Ng, Minister of Small Business and Export Promotion to invest $3,237,759 through the WES Ecosystem Fund (Regional Stream), media reports said.
Mary Ng, along with Kent Hehr, Member of Parliament for Calgary Centre, joined local women entrepreneurs and business leaders today to celebrate women's entrepreneurship in Canada and share how the federal government is helping women succeed.
Mary Ng/Facebook (left) and Kent Hehr/Facebook (right)
"Our government believes that women's economic empowerment is not just the right thing to do; it's good for the bottom line...Women Entrepreneurship Strategy...seeks to double the number of women-owned businesses...a smart investment with an economic and social return," said Mary Ng.
The investment of $3,237,759 through the WES Ecosystem Fund (Regional Stream) would be made in the following three organizations : Community Futures Central Alberta, located in Red Deer, Alberta to create an Indigenous women entrepreneurship program in central Alberta; Momentum Community Economic Development Society, located in Calgary, Alberta, to make entrepreneurship programs accessible to vulnerable women and women-run social enterprises in Calgary; and Lethbridge Economic Development Initiative Society (Economic Development Lethbridge), located in Lethbridge, Alberta, to create a science, technology, engineering and math (STEM)–centric community for women in southern Alberta.
The Government of Canada's efforts to advance gender equality including addressing pay equity, introducing more affordable child care and putting an end to gender-based violence are complemented by the Women Entrepreneurship Strategy.
"Today's investments will help women-owned and -led businesses across Calgary and Alberta innovate, grow, and export to new markets," said Kent Hehr
Final funding is subject to negotiation of contribution agreements.