The Northern Mosaic Network has received over $300,000 in funding to support 2SLGBTQIA+ entrepreneurs in the Northwest Territories. The funding is part of a larger $2.8 million initiative by the federal government and the 2SLGBTQI+ Chamber of Commerce, which is distributing funds to 12 non-profit organizations across Canada through the 2SLGBTQI+ Entrepreneurship Program. A spokesperson for Innovation, Science and Economic Development Canada stated that $300,500 of the funding will go to the Northern Mosaic Network.
The territorial outreach organization plans to use the funds to develop the first 2SLGBTQ+ business and entrepreneurship assessment in Yellowknife, create a northern business and entrepreneurship skills curriculum, and deliver an eight-month mentorship and cohort program for entrepreneurs.
funding for 2SLGBTQI+ businesses in NWT
In a statement, the Northern Mosaic Network outlined their plans, saying, “We are developing a training course, establishing mentors of successful business owners, and will have a variety of guest speakers as well.
Our goal is to establish a Queer Market Space to serve as a consistent venue to sell products and services, and ultimately grow the number of 2SLGBTQIA+ entrepreneurs in the NWT with the support of a solid network.”
The Ecosystem Fund, an $8-million program, aims to enhance resources and support for 2SLGBTQI+ entrepreneurs across Canada. There are more than 100,000 2SLGBTQI+-owned and operated businesses in the country, employing over 435,000 people and generating more than $22 billion in economic activity annually. This initiative represents a significant step toward fostering a more inclusive and supportive business environment for 2SLGBTQIA+ individuals in the NWT and across Canada.
The funding will provide essential resources, mentorship, and networking opportunities to help entrepreneurs thrive and make their mark in the business world.
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