Agreement Value:
$8,925,000.00
Agreement Date:
Apr 28, 2022 - Mar 31, 2026
Description:
Provide affordable financing in smaller amounts for women entrepreneurs, particularly for start-ups, underrepresented groups or sole proprietorships
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
(Short/Medium-term): Women entrepreneurs and women-owned businesses have access to programs and services to start, maintain and grow their businesses and are aware of the supports and partnerships available to them.
(Long-term): Women entrepreneurs and women-owned businesses sustain their businesses, and an overall increased participation of entrepreneurs from equity deserving groups in entrepreneurship and SMEs.
Location:
Cobourg, Ontario, CA K9A0H6
Reference Number:
033-2022-2023-Q1-514379
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
103937256
Recipient Type:
Not-for-profit organization or charity
Additional Information:
value changed from $5,093,750.00 to $8,925,000.00 as per contract amendment, 2022/23 to 2025/26,
Amendment Date
Oct 20, 2025
Recipient's Operating Name:
Nventure
Recipient's Legal Name:
NVENTURE BUSINESS DEVELOPMENT CORPORATION
Federal Riding Name:
Northumberland--Peterborough South
Federal Riding Number:
35071
Program:
Women Entrepreneurship Loan Fund
Program Purpose:
Women Entrepreneurship Loan Fund will provide affordable financing in
smaller amounts for women entrepreneurs, particularly for start-ups,
underrepresented groups or sole proprietorships which may experience
more difficulty in accessing financing.