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PEIBWA receives $485,000 to address gaps in the entrepreneurship ecosystem for women-owned businesses

09 Jul 2019 12:30 PM | Anonymous

The PEI Business Women’s Association (PEIBWA) is pleased to announce that it has received a multi-year commitment of $485,000 under the Women Entrepreneurship Strategy (WES), for their contribution to The Atlantic Canadian Women in Business Growth Partnership.

"The PEI Business Women's Association is thrilled to partner with the Centre for Women in Business, the Newfoundland and Labrador Organization of Women Entrepreneurs, and the New Brunswick Association of CBDC's Women in Business Initiative through this multi-year initiative funded by a generous Women Entrepreneurship Strategy investment," says Margaret Magner, PEIBWA Executive Director. "Together, we will share best practices and develop new programs to ensure women entrepreneurs across Atlantic Canada can launch and grow their businesses, and women in the trades, technology and STEM fields, as well as Indigenous women, newcomers, women with disabilities and women in rural areas, have the support, training and mentorship they need to succeed."

In Atlantic Canada, fewer than one in six small and medium-sized enterprises (15%) are majority-owned by women. The WES funding announcement builds on PEIBWA’s recent announcement of funding from both the Government of Canada and the PEI Provincial Government for a new Rural Women’s Business Centre. Together, these initiatives will provide new resources and supports for women business owners and professionals across PEI, so they are able to succeed in their business and career endeavors.

"Two weeks ago, we were pleased to announce federal and provincial funding to establish the Rural Women's Business Centre in Central Bedeque to help serve the needs of PEI's rural business entrepreneurs and professionals," says Miriam Vializ Briggs, PEIBWA President. "With today's Women Entrepreneurship Strategy funding, we will be able to broaden and strengthen our partnerships across Atlantic Canada and promote innovative business resources developed in our province. It's a great day for the business women of PEI and for PEIBWA!"

About PEIBWA

The PEI Business Women’s Association (PEIBWA) is a member-based not-for-profit organization with a mandate to educate, empower and inspire PEI women to succeed in their business endeavours. Incorporated in 1993, it is the only women’s business association with an Island-wide mandate in the province and has a membership of over 450 women entrepreneurs and business professionals. PEIBWA provides advisory services, training, opportunities for development, and connections with other women in business. www.peibwa.org

Media contact:
Sparrow McGowan
Events & Communications Officer
sparrow@peibwa.org
902-892-6040