Inclusive Women Venture Capital Initiative
Last Update: January 24, 2025
Canada
Financial support to increase representation of women in the venture capital industry
Inclusive Women Venture Capital Initiative at a glance
Eligible Funding
- No Condition
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- Innovation, Science and Economic Development Canada (ISED)
- Government of Canada
- Innovation Canada
Status
Open
Overview of the Inclusive Women Venture Capital Initiative program
Get financing to reach national audiences and create a more inclusive venture capital environment for women. Assist women entrepreneurs to understand options for financing by providing education and training to support equitable access to funding.
Eligible projects & activities
There are eligible projects for the Women Entrepreneurship Strategy (WES) Inclusive Women Venture Capital Initiative grant. Projects must be delivered by not-for-profit organizations to increase Canadian women entrepreneurs' access to venture capital funding, contribute to increasing representation of women in the Canadian venture capital industry, and reduce biases in the Canadian venture capital industry.
- Projects must be delivered by not-for-profit organizations.
- Projects should increase Canadian women entrepreneurs' access to venture capital funding.
- Projects should contribute to increasing representation of women in the Canadian venture capital industry.
- Projects should aim to reduce biases in the Canadian venture capital industry.
Examples of admissible projects:
$ 12,000
Offering specialized training workshops to equip women entrepreneurs with venture capital skills
$ 11,000
Organizing networking events to connect women entrepreneurs with venture capital firms
$ 15,000
Creating a mentorship program to connect women entrepreneurs with experienced venture capitalists
$ 18,000
Develop a curriculum to educate women on venture capital fundraising strategies
$ 18,000
Launching an online platform to provide educational resources on venture capital to women
$ 14,000
Establishing a research initiative to study gender biases in venture capital
Eligibility criteria of the Inclusive Women Venture Capital Initiative program
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.
- The applicant must be a not-for-profit organization.
- The project must aim to increase Canadian women entrepreneurs' access to venture capital funding.
- The initiative should contribute to increasing representation of women in the Canadian venture capital industry.
- The project should reduce biases in the Canadian venture capital industry.
Who is eligible?
The eligibility for the Women Entrepreneurship Strategy (WES) Inclusive Women Venture Capital Initiative is targeted towards not-for-profit organizations that focus on enhancing the venture capital environment for women entrepreneurs in Canada. The initiative aims to increase access to venture capital funding for Canadian women entrepreneurs, improve women's representation in the venture capital industry, and reduce biases within the industry. However, specific evaluation and selection criteria are not provided in the given context.
Eligible expenses
Eligible expenses for the Women Entrepreneurship Strategy (WES) Inclusive Women Venture Capital Initiative grant may include but are not limited to:
- Program development and delivery costs
- Administrative expenses directly related to the project
- Consultant fees for project-specific expertise
- Training and capacity-building activities
- Outreach and networking costs
- Evaluation and reporting expenses
Eligibility criteria of the Inclusive Women Venture Capital Initiative program
The evaluation and selection criteria for the Women Entrepreneurship Strategy (WES) Inclusive Women Venture Capital Initiative include the following:
- Alignment with the program objectives and priorities of the WES Inclusive Women Venture Capital Initiative.
- Demonstrated ability to increase access to venture capital funding for Canadian women entrepreneurs.
- Potential to contribute to the representation of women in the Canadian venture capital industry.
- Strategies to reduce biases in the Canadian venture capital industry.
- Sustainability and scalability of the proposed project.
How to apply to the Inclusive Women Venture Capital Initiative program
1
Prepare your project proposal according to the grant guidelines and criteria.
2
Submit your application during the open call for proposals, which is currently closed.
3
Wait for the evaluation process to be completed by the grant administrators.
4
If successful, follow the instructions provided by the grant program for next steps.
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