On August 10th, SheEO, sponsored by BMO, launched a new initiative in support of female entrepreneurs across Canada. 1000 women will each contribute $1,000 to support 10 female-led ventures. Between now and August 31, female entrepreneurs across Canada are invited to apply at sheeo.world to be one of the 10 businesses to receive a portion of the money as a no-interest loan for five years, and a one-year support program. BMO is a proud sponsor of this initiative so tell your female clients and prospects – women-led and majority-owned businesses with at least $50,000 in annual revenues can apply online at www.sheeo.world.com
Applications must be submitted before Aug. 31, and an initial 25 finalists will be chosen in September. In October, the final 10 winners will be announced.
Overview
SheEO is a Toronto-based group that supports women-led ventures, and has global ambitions to connect women around the world.
SheEO’s Radical Generosity Initiative is making $1MM available in the form of zero-percent interest loans to 10 women entrepreneurs. The selected entrepreneurs will have access to the highly influential group of 1000 women “activators” who will open up their networks, use their buying influence and share their wisdom and experience in support of the 10 chosen entrepreneurs.
Resources and tools
- SheEO website: http://sheeo.world
- Globe and Mail article, July 26: A ‘radical’ funding model for female entrepreneurs (available in English only)
