Minister Ng announces funding for research on women entrepreneurship

The Women Entrepreneurship Knowledge Hub will support knowledge, data and best practices for women entrepreneurs.

Fewer than 16 per cent of Canadian small and medium-sized businesses are owned by women, yet the full and equal participation of women in the economy is essential to Canada’s competitiveness. To increase women’s entrepreneurship and advance their economic participation, the federal government is investing in the Women Entrepreneurship Knowledge Hub (WEKH).

The Hub, which is part of the Women Entrepreneurship Strategy, will advance research, gather important data and disseminate information related to the advancement of women’s entrepreneurship in Canada. It will also deliver a report on the progress of women entrepreneurs in Canada.

Markham–Thornhill MP Mary Ng recently announced the chosen consortium that will receive nearly $9 million over three years to deliver the WEKH.

Led by Ryerson University, it includes eight regional hubs, ten partners and thirty-seven supporters, drawing on the subject matter expertise needed to ensure the representation of women across regions, throughout linguistic communities and in under-represented groups.

The eight regional hubs include representatives from OCAD University (Toronto, Ontario), VentureLabs (Vancouver, British Columbia), Mount Royal University(Calgary, Alberta), the University of Manitoba (Winnipeg, Manitoba), the PARO Centre for Women’s Enterprise (Thunder Bay, Ontario), Carleton University (Ottawa, Ontario), Université de Montréal (Montréal, Quebec) and Dalhousie University (Halifax, Nova Scotia).

Through this one-stop source of knowledge and best practices, women entrepreneurs and the organizations that support them will have the information they need to increase the participation of women in the economy.

“Our government believes in making evidence-based decisions that will help grow Canada’s economy and create middle-class jobs,” said Ng. “To advance the economic empowerment of women, we are investing in the Women Entrepreneurship Knowledge Hub to ensure that women entrepreneurs, the organizations that support them, government bodies and the private sector are equipped with the necessary information to better understand and assist women entrepreneurs in their efforts to start up, scale up and access new markets.”

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