Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices
Minister of Small Business and Tourism, Bardish Chagger, tours small businesses in Toronto which were started with the assistance of Futurpreneur on December 14, 2015. JENNIFER ROBERTS FOR THE GLOBE AND MAIL (JENNIFER ROBERTS/JENNIFER ROBERTS FOR)
Minister of Small Business and Tourism, Bardish Chagger, tours small businesses in Toronto which were started with the assistance of Futurpreneur on December 14, 2015. JENNIFER ROBERTS FOR THE GLOBE AND MAIL (JENNIFER ROBERTS/JENNIFER ROBERTS FOR)

Ottawa to commit $50-million to women-led tech startups Add to ...

Subscribers Only

The federal government will announce Wednesday a $50-million commitment to finance women-led tech startups, part of an effort to address a chronic funding gap facing female entrepreneurs.

Small Business and Tourism Minister Bardish Chagger will announce at a government-organized women’s entrepreneurship conference in Toronto that Business Development Bank of Canada’s private capital arm will create a $40-million funding program to invest venture and growth capital in tech businesses led or majority-owned by women. The Crown corporation will allocate another $10-million to initiatives including the MaRS Investment Accelerator Fund that provide early-stage funding to women founders.

Report Typo/Error

Follow on Twitter: @SeanSilcoff

Also on The Globe and Mail

Lessons Canada can learn from Australia's efforts to reduce gender pay gap (The Globe and Mail)

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular