Open
Ventures at Coralus
Last Update: March 4, 2026
Ontario, Canada
Funding and support for women and non-binary entrepreneurs
Other Support
Partnering and Collaboration
Loans and Capital investments
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.
At a glance
Funding available
Financing goals
- Increasing community impact
- Develop strategic partnerships
- Reduce the ecological footprint
Eligible Funding
- Up to 45% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration
Location
- Ontario
Legal structures
- For-profit business
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Other Racialized Persons
- Startups
- Women
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
$ 90,000
Expand digital literacy program for immigrant women using tablets
$ 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
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
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%.
