
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

Open
Ontario, Canada
AI solutions for research security and open-source intelligence advancement

Grant and FundingClosed
Ontario, Canada
Funds to accelerate business growth in Northern Ontario

Grant and FundingClosed
Ontario, Canada
Funding and business support for Ontario SMEs

Expert AdviceOpen
Ontario, Canada
Food and beverage industry export help in Ontario

Grant and FundingClosed
Ontario, Canada
Cost-share funding for rural economic development

Grant and FundingClosed
Ontario, Canada
Funding for global growth of Ontario digital media companies

Loans and Capital investmentsClosed
Ontario, Canada
Loans to grow or expand in southwestern Ontario

Grant and FundingOpen
Ontario, Canada
Funding AI commercialization and adoption in Northern Ontario businesses

Grant and FundingClosed
Ontario, Canada
Funding for businesses in southern Ontario by FedDev Ontario.

Grant and FundingClosed
Ontario, Canada
Financial help to grow a business in Northern Ontario