Home Women Empowerment Women Entrepreneurship Strategy: Strategy seeks to double the women-owned business

Women Entrepreneurship Strategy: Strategy seeks to double the women-owned business

Government of Canada start a program to help women entrepreneurs. Women participation in work increase the chances of economic success. Country’s competitiveness depends on the participation of women. When women succeed everyone succeeds.

The government of Canada starts the Women Empowerment Strategy (WES), to empower women. It is a $2billion investment in which the ratio of women-owned business increase by 2025.

Minister of small business and promotion and the representative of  École des entrepreneurs du Québec joined local women entrepreneurs to celebrate women’s entrepreneurship in Canada. The main purpose of this program is to empower women.

Through the WES ecosystem fund $3.2 million investment will be given by an organization École des entrepreneurs du Québec, the organization which helps in building entrepreneurial skills. This organization provides an innovative and collaborative learning environment.

Through this Women Empowerment Strategy government of Canada moves towards gender equality. The effort includes addressing the pay equity, kid care and eradicate gender biases.

Quick facts

  • Women empowerment strategy help women to grow their business by providing an investment of $2 billion.
  • This strategy helps the government to achieve its goal of doubling the number of majority of women-owned business by 2025.
  • In budget 2018, WES was allocated $85 million to help the non-profit organization and to help women entrepreneur.
  • 16% of Small and Medium Size Enterprises in Canada are women-owned.

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