MP Lefebvre announces federal investment in local woman-led business
Government of Canada investments across the nation to double the number of women-owned businesses by 2025
July 19, 2019 – Sudbury, ON
The Government of Canada is advancing women’s economic empowerment with the first ever Women Entrepreneurship Strategy, a $2-billion investment that seeks to double the number of women-owned businesses by 2025.
Today, Paul Lefebvre, Member of Parliament for Sudbury announced a local investment of up to $100,000 in Revolution Mining Software Inc., a local business led by Lorrie Fava, to coordinate training sessions, attend mining conferences and undertake international market development for Revolution Mining Software's mine schedule optimization tools called SOT 3.0, Attain, and SurfaceSOT.
The Women Entrepreneurship Strategy complements the Government of Canada’s efforts to advance gender equality. These include addressing pay equity, providing more affordable child care and putting an end to gender-based violence.
“Our government believes that women’s economic empowerment is not just the right thing to do; it’s good for the bottom line. That’s why we launched the Women Entrepreneurship Strategy, a strategy that seeks to double the number of women-owned businesses by increasing their access to financing, networks and advice. It’s a smart investment with an economic and social return.”
- The Honourable Mary Ng, Minister of Small Business and Export Promotion
“The women entrepreneurs and business leaders of Sudbury make incredible contributions to our economy and community every day. I’m proud to be part of a government that takes women’s economic empowerment seriously and is making investments in women-led companies like Revolution Mining Software Inc. to help drive our economy forward.”
- Paul Lefebvre, Member of Parliament for Sudbury
“From tackling pay equity to modernizing parental leave, our government is taking action on gender equality, and that’s good for Canada and good for Sudbury and Nickel Belt because when women succeed, we all succeed. Today’s announcement is great news for our economy and an inspiring message to all women considering entrepreneurship as a career.”
- Marc Serré, Member of Parliament for Nickel Belt
“We are grateful for this Government of Canada investment through FedNor as it will enable us to take Revolution Mining Software to the next level. Northern Ontario is a world-leader in mining and mining innovation and we are pleased to have this opportunity to promote our company’s expertise and software globally, while helping to grow the local economy.”
- Lorrie Fava, President of Revolution Mining Software Inc.
The Women Entrepreneurship Strategy (WES) will help women start and grow their businesses by improving access to financing, talent, networks and expertise through an investment of nearly $2 billion.
The strategy will help the Government of Canada achieve its goal of doubling the number of majority women-owned businesses by 2025,
In Budget 2018, the Government of Canada allocated $20 million to the Women Entrepreneurship Fund. Following the call for applications held in fall 2018, over 3,000 applications were received and over 200 projects were funded. The Government is pleased to be able to support approximately 100 more projects by investing an additional $10 million in the Women Entrepreneurship Fund. With this new investment, the Government is providing a total of $30 million to women-owned and -led businesses across Canada to grow their businesses and reach new markets.
WES programs complement our government’s broader initiatives to help women, including measures on pay equity, more flexible parental leave and more affordable child care.
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