Startup Canada and TruShield Insurance launched the Entrepreneur Success Fund, to invest in solutions to promote entrepreneur success across Canada.
The Fund is an initiative of Startup Canada’s Entrepreneur Success Advisory Council in partnership with TruShield Insurance, composed of entrepreneurs, ecosystem builders and industry leaders from across Ontario, who advise on research and investment initiatives to advance the conditions for entrepreneurial success.
“Entrepreneurial success is about freedom, independence, solving problems, creating jobs, growing revenue, making an impact, and building a better tomorrow,” said Melloney Campbell, Entrepreneur and Member of the Advisory Council. “But, the road to success is not guaranteed, with four out of five businesses failing in the first five years.”
The Entrepreneur Success Fund will invest grants up to $2,500 in existing tools, technologies and programs that support entrepreneur access to information, training, mentorship, capital and connectivity to corporate Canada, and initiatives that have the potential to benefit more entrepreneurs through leveraging the Startup Canada network to scale.
“A thriving entrepreneurship ecosystem that supports entrepreneurial success necessitates connectivity,” said Victoria Lennox, CEO of Startup Canada. “This fund will build capacity across Canada’s entrepreneurship community and help proven solutions scale, boosting the success of entrepreneurs across Canada.”
“When emerging enterprises and large corporations work together, innovation happens and ideas can reach new markets,” said Tony O’Brien, Executive Vice President, TruShield Insurance. “That’s why TruShield Insurance is proud to partner with Startup Canada to support the success of every entrepreneur by investing the Capital and national network to reach more entrepreneurs.”
Applications for the Entrepreneur Success Fund are due by August 31, 2018, at 11:59 pm PT. For more information and to apply, visit: www.startupcan.ca/entrepreneur-success-fund/. Fund recipients will be announced on October 18, 2018 at Startup Canada Day on the Hill in Ottawa.
Startup Canada is the national rallying community and voice for Canada’s 2.3 million entrepreneurs. Since launching in 2012, Startup Canada has grown to represent more than 200,000 entrepreneurs and 50 grassroots communities from coast to coast to coast. Through digital programs and flagship events, Startup Canada is the network promoting, inspiring, educating, connecting and giving a voice to Canada’s entrepreneurs; supporting them to start, operate and scale businesses that build a better Canada for the world today and for future generations.
TruShield Insurance is known for its support of Canada’s small business community and is a member of the Fairfax family of companies. TruShield focuses on serving Canadian small business owners, entrepreneurs and startups.
Shared from The Canadian Business Journal
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