COVID-19 has had a disproportionate impact on female entrepreneurs. The Women Entrepreneurship Knowledge Hub’s report “The State of Women’s Entrepreneurship in Canada 2020” highlights that women-owned businesses have laid off 80 percent or more of their employees, a substantially greater number than that of businesses overall. Combined with the barriers already faced by women entrepreneurs to get started and scale their businesses – it’s time to take action. Supporting women-owned businesses will help the economy revive.
More Support for
Today, Haltech, a Regional Innovation Center, works with a portfolio of women-owned tech companies that exceeds the industry average (39% vs 15.3%). As such, Haltech in a good position to offer targeted programming, mentorship, and a supportive environment that challenges women to set their sights on success.
Through support from the Government of Canada and FedDev Ontario, Haltech launched the Beyond Boundaries program in 2019. Haltech is excited to be expanding support for women entrepreneurs in Halton and beyond through additional support from FedDev Ontario.
Advanced Advisory Services
Targeted one on one mentorship will be provided to women who are in the pre-revenue stages through to scaling their businesses and taking them global. The Advanced Advisory Services will match experts with women to help them achieve the next milestone in their growth. Haltech is pleased to be collaborating with the Region of Halton Small Business Centre and Innovation Factory to offer these services.
Roadmap to MVP
Haltech’s experience with women and women led technology companies indicate that many take longer to develop their minimum viable product (MVP) because they either lack the technical skill in the founding team. This can cause the companies to stall longer than necessary at the discovery or early validation stage of development. In partnership with Silicon Halton, Haltech is introducing the Roadmap to MVP, a 6 part series that will help accelerate through this milestone. The experts at Silicon Halton will be collaborating on this effort with Haltech.
In collaboration with Regional Innovation Centers in Southwestern Ontario, women looking to scale their companies will have an opportunity to present to a power panel of mentors for additional help and support. Mentors will then be matched with the presenting companies to further provide insight, advice, and connection to opportunities.
Participating in these programs will help women-owned business leaders:
- Accelerate the growth of their companies
- Network and connect with others who can open doors to new opportunities
- Advance their skills as leaders
For more information, please contact email@example.com