Visa Canada Announces Next Round of She’s Next Grant Recipients as part of Ongoing Support for Small Business Recovery

TORONTO, Sept. 23, 2021 /CNW/ – Today, Visa Canada announced another round of recipients of its She’s Next Grant Program in Canada to boost women entrepreneurship, aiding in COVID-19 recovery and empowering growth and innovation.

In collaboration with IFundWomen, ten additional Canadian women entrepreneurs each received a grant of $10,000 CAD and one-year business coaching to support, grow and expand their businesses.

Small businesses, especially those run by women, continue to struggle because of the pandemic, with the Canadian Federation of Independent Business (CFIB) estimating that total debt held by small businesses in Canada is $139 billion.i Many businesses find themselves in a tough position because sales haven’t bounced back to where they were pre-pandemic, and according to Visa’s 5th edition of the Back to Business global study, 2 in 5 Canadian small businesses think challenges caused by the pandemic will outlast the pandemic itself.

Grant programs can help with this, offering financial support, while also fueling growth and innovation. “Aiding in small business recovery and empowering entrepreneurs to keep growing and innovating is critical right now as we continue to…