The federal government and Canada’s 2SLGBTQI+ Chamber of Commerce have announced funding of more than $300,000 to support 2SLGBTQIA+ entrepreneurs in the Northwest Territories (NWT). In a press release on Thursday, federal ministers and the head of the chamber revealed that 12 non-profit organizations across Canada would receive a total of $2.8 million through the 2SLGBTQI+ Entrepreneurship Program. Of that amount, $300,500 has been allocated to the Northern Mosaic Network.
A spokesperson for Innovation, Science, and Economic Development Canada stated that the territorial outreach organization will utilize the funding to develop the first 2SLGBTQ+ business and entrepreneurship assessment in Yellowknife.
Support for 2SLGBTQI+ entrepreneurs in NWT
Additionally, the funds will contribute to creating a northern business and entrepreneurship skills curriculum and delivering an eight-month mentorship and cohort program for entrepreneurs.
We are developing a training course, establishing mentors of successful business owners, and will feature various guest speakers,” stated the Northern Mosaic Network. Our goal is to establish a Queer Market Space to serve as a consistent venue to sell products and services, and ultimately grow the number of 2SLGBTQIA+ entrepreneurs in the NWT with the support of a solid network.
The Ecosystem Fund, an $8-million program, aims to strengthen resources and support for 2SLGBTQI+ entrepreneurs across Canada. According to the federal government, there are more than 100,000 2SLGBTQI+-owned and operated businesses in Canada, employing over 435,000 people and generating more than $22 billion in economic activity.
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