For the third year in a row, Mtl inc. is running its support program for women entrepreneurs but this time around it’s got a new name. FoundHers will be accepting applications until February 12, and selected candidates will be part of a cohort of women entrepreneurs guided by advisors from Montreal’s business community to enable them to start their own business. One member of the cohort will also be awarded a $5,000 grant at the end of the course.
“Women are more affected by the current pandemic,” according to Liette Lamonde, Executive Director of Mtl inc. “The purpose of this program is to help women turn their ideas into action. It is even more relevant this year, when they are facing constraints that existed before the crisis and that have been exacerbated ever since.”
Only 15% of entrepreneurs in Montréal are women, and it has been well documented that women entrepreneurs also face significant funding challenges versus their male counterparts. FoundHers allows women with a business idea to be supported and guided to make their project a reality. The program is comprised of two intensive courses which run through mid-July. The Boost Course, which covers 5 weeks, and the Lift Course, reserved for 10 selected participants.
“For this edition, the formula resumes in virtual mode as adopted last year,” explains Naouel Hanani, Director, Operations at Mtl inc. “The last two years allowed us to test the approach and take the pulse of the business community. This culminated in a program that will enable the selected women to shine to their full potential.”
Those looking for more information about the program can find it here.