CCEDNet member PARO Centre for Women’s Enterprise is one of six organizations that will receive $760,000 from the Ontario Government to support low-income women who are seeking to start their own business by providing financial literacy training, entrepreneurial mentoring and skills development and life skills support.
Women who become business ready within these programs will be eligible to receive small loans to start their businesses. The Microlending for Women in Ontario program will provide close to 400 microloans. In total, over 800 low-income women will receive business readiness supports and financial skills training to help them on a successful path as entrepreneurs.
Read more about the Microlending for Women in Ontario program >>
Read the Toronto Star article on the announcement >>
For more information on women-centred CED, visit the Women’s Economic Council or browse women’s CED tools in CED Toolbox.