News Release, July 17, 2020 - Cobourg
Government of Canada invests $4 million to support over 700 women-led businesses across southern Ontario
Women-led businesses often face unique challenges, which have been amplified by the impacts of COVID-19 on our economy. As the economy reopens, these businesses need support to adapt their operations and position themselves for a successful recovery.
Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, visited Venture13 in Cobourg, home of the Northumberland Community Futures Development Corporation (CFDC). There, she announced a $4-million FedDev Ontario investment in support of women entrepreneurs across southern Ontario, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario.
With this investment through the Regional Relief and Recovery Fund (RRRF), the Northumberland CFDC and WindsorEssex Economic Development Corporation, in collaboration with regional partners, will deliver the Rebuild Reopen Revive Initiative to support women-led small- and medium-sized enterprises in rural and urban communities across southern Ontario. Both organizations will receive $2 million to provide non-repayable contributions of up to $5,000 to help eligible women-led businesses with key re-opening expenditures, including:
- Acquisition of reusable personal protective equipment (PPE);
- Reconfiguration of workspaces to accommodate social distancing impacts; and
- Enhancing online capacity to improve accessibility and client service.
Over 700 women-led businesses will be supported through this initiative. Interested SMEs can visit Northumberland CFDC (eastern Ontario) or WindsorEssex Economic Development Corporation(southwestern Ontario) for more details or to apply.