Indigenous Youth Idea Challenge aims to promote new entrepreneurs

Aspiring Indigenous entrepreneurs are getting the chance to give their projects a boost thanks to an annual business competition hosted at the University of Saskatchewan.

Applications for the next Indigenous Youth Idea Challenge are open until Dec. 28, 2018, and the form can be found online.

The Indigenous Youth Idea Challenge run by the U of S branch of international organization Enactus takes place in January and February 2019. Applications are open for prospective Indigenous businesspeople ages 16 to 35.

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Women Entrepreneurship Fund

As part of the Strategy, the Government is making funding available directly to women entrepreneurs through the Women Entrepreneurship Fund. The objective is to provide support to women to grow their businesses and facilitate their pursuit of opportunities in markets abroad. The Fund is a $20 million investment providing up to $100,000 in non-repayable contribution funding for 12 months.

The Women Entrepreneurship Fund will fund women-owned and women-led businesses to invest in activities that focus on:

• Supporting pursuit of market opportunities abroad (e.g. international marketing strategy, supply chain integration, promotions, business advisory services, online presence/website development)
• Supporting Scale-up, Expansion and Growth (e.g. product/service development and improvement, inventory management, value stream mapping, upgrades to plant and equipment, process and technology improvements
• Additional activities that support the objectives of the Women Entrepreneurship Fund

Please visit the Government of Canada Website for full information.