Federal government invests in consortium to support women entrepreneurs

December 7, 2018

Several universities across the country have been tapped to participate in the Women Entrepreneurship Knowledge Hub, a new consortium that seeks to give women entrepreneurs a boost. According to a release, Ryerson University will lead the consortium, with Mount Royal University, the University of Manitoba, Carleton University, Université de Montréal, OCAD University, and Dalhousie University housing regional hubs. MRU states that women entrepreneurs are less likely than men to seek debt and equity financing. They are also more likely to be rejected or to receive less money. The federal government has invested $2B into the initiative, states MRU. MRU (National)