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Ventures at Coralus - ON - Canada

Ventures at Coralus

Last Update: July 29, 2025
ON, Canada
Funding and support for women and non-binary entrepreneurs

Ventures at Coralus at a glance

Eligible Funding
  • Up to 45% of project cost
Timeline
  • Continuous Intakes
Financing Type
Other Support
Partnering and Collaboration
Loans and Capital investments
Eligible Industries
  • Manufacturing
  • Health care and social assistance
  • Arts, entertainment and recreation
  • Other services (except public administration)
  • Public administration
Grant Providers
  • Coralus
Program status
Open

Overview of the Ventures at Coralus program

Ventures at Coralus provides up to $19 million in collective funding distributed as 0% interest loans to women- and non-binary-led businesses focused on driving social and environmental change. The program supports transformative business models and regenerative solutions through financial support and access to a global community of resources and mentorship.

Financing terms and conditions

  • Unsecured 0% interest loans provided through collective decision-making.
  • Nearly $19 million distributed to over 190 women- and non-binary-led ventures since inception.
  • Loans are paid back, contributing to a self-regenerating funding pool for future applicants.

Eligible projects & activities

  • Development and growth of women- and non-binary-led entrepreneurial ventures focused on social and environmental impact.
  • Transformation of business models to create regenerative solutions that support people and the planet.
  • Implementation of new systems that drive positive change and community well-being.
Examples of admissible projects:

$ 74,500

Purchase electric delivery bikes for organic food distribution

$ 115,000

Retrofit commercial kitchen for zero food-waste catering services

$ 47,000

Launch a refillable household cleaning products pilot project

$ 57,000

Develop a social enterprise offering textile upcycling workshops

$ 150,000

Implement urban rooftop gardens on commercial buildings

$ 90,000

Expand digital literacy program for immigrant women using tablets

Eligibility criteria of the Ventures at Coralus program

  • The venture must be led by women or non-binary individuals.
  • The applicant should be focused on creating positive impact and transformative change for people and the planet.
  • The venture should align with principles of reciprocity, support, and community well-being.

Who is eligible?

  • Women-led ventures
  • Non-binary-led ventures
  • Businesses focused on impactful, regenerative solutions for people and the planet
  • Enterprises oriented towards systems transformation and social innovation

Eligible geographic areas

  • Canada
  • United States
  • Australia
  • New Zealand
  • United Kingdom

Eligibility criteria of the Ventures at Coralus program

  • Project's ability to transform existing systems to create a positive impact on people and the planet.
  • Alignment of the project's values with a vision of innovation, mutual support, and the creation of new economic models.
  • Commitment of the project leader to personal change and exploring new ways of undertaking.
  • Active participation in a community sharing common goals of mutual aid and social transformation.

How to apply to the Ventures at Coralus program

1
Review eligibility and program values
  • Learn about Coralus and its mission to support ventures led by women and non-binary individuals
  • Understand the community approach and support systems in place
2
Sign up for interest list
  • Sign up for the interest list on the Coralus website
  • Receive updates about the next application period
3
Prepare to apply
  • Monitor your email for notifications about the application opening
  • Prepare required information and documentation for the application
4
Submit the application
  • Complete the online application during the open call period
  • Submit all required details as outlined by Coralus
5
Await results
  • Wait for the evaluation by the Coralus community
  • Receive notification of results or further steps if selected

Additional information

  • Coralus has circulated nearly $19 million to over 190 women- and non-binary-led ventures since 2015.
  • Funding is distributed through collective decision-making by community members.
  • Approximately 45% of supported founders are from chronically excluded racial and ethnic groups.
  • The payback rate on Coralus' unsecured 0% interest loans is 95%.
Apply to this program

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