Ventures at Coralus

Q: How much funding can be received?

Ventures at Coralus Funds up to 45% of admissible expenses.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the Ventures at Coralus a grant, loan, or tax credit?

Ventures at Coralus is a Other Support

Q: Who are the financial supporters of the Ventures at Coralus?

Ventures at Coralus is funded by Coralus

Q: Who is eligible for the Ventures at Coralus program?

To be eligible for the Ventures at Coralus program, you must: • Company led by a woman or a non-binary individual • Founder with an innovative approach focused on social or environmental impact • Open to unconventional approaches and system transformation

Q: Where is the Ventures at Coralus available?

The Ventures at Coralus program is available the province of ON.

Last Update: July 29, 2025

ON, Canada

Funding and support for women and non-binary entrepreneurs

At a glance

Eligible Funding

Up to 45% of project cost

Timeline

Unspecified

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

Funds Providers

Unspecified

Program status

Open

Overview

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.

Activities funded

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

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

Selection criteria

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

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

Sign up for interest list

Sign up for the interest list on the Coralus website
Receive updates about the next application period

Prepare to apply

Monitor your email for notifications about the application opening
Prepare required information and documentation for the application

Submit the application

Complete the online application during the open call period
Submit all required details as outlined by Coralus

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

Frequently Asked Questions about the Ventures at Coralus Program

Here are answers to the most common questions about the Ventures at Coralus. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.