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New coaching program available for women social entrepreneurs

Goal is to prepare women-led ventures to access capital, investors
(Adobe stock photo)

There’s a new resource available for women in Northern Ontario who need investment for their social entrepreneurship ventures.

Through the NORDIK Institute at Algoma University in Sault Ste. Marie, eligible participants can sign up for a new coaching program entitled Funding and Capital: Four Strategy Sessions for Women-Led Ventures.

It’s designed to help women social entrepreneurs access capital and connect to investors over a 12- to 24-month period.

“Many women entrepreneurs, particularly in the northern region, face significant challenges in accessing capital,” said Maureen Strickland, NORDIK’s social enterprise developer, in an Aug. 5 news release.

“This program provides participants with critical ‘how to’ knowledge in becoming investment-ready and identifying and connecting with prospective investors.”

The program start is slated for Sept. 16.

The program is an initiative of the Women of Ontario Social Enterprise Network (WOSEN).

Announced in 2019, WOSEN supports women and gender non-binary people, who are typically underrepresented in business, to create and grow enterprises that embed social values into their business model.

It’s funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), through the Women’s Entrepreneurship Strategy Ecosystem Fund.

More information is available by emailing Maureen Strickland in the northeastern region and Allyson Pele in the northwestern region.