We know you were awaiting news of the next N100! We’ve been very busy and we’re excited to share what we’ve come up with. A little background first.
Consider this: less than 3% of venture capital investment in North America backs women entrepreneurs. It’s time to change that.
As you know, our DELIA project is about to begin, with the support of FedDev Ontario and the Government of Canada’s Women Entrepreneurship Strategy (WES). DELIA is our fintech-driven lending and acceleration platform for women-owned and women-led* ventures in exurban Eastern Ontario. DELIA stands for “Develop, Educate, Lead, Innovate, Accelerate.” and is also one of the diverse titles of Artemis, Goddess of the Hunt. DELIA and Artemis are symbolic of our commitment to gender equity in entrepreneurial development and finance, and our belief in the as-yet un-maximized potential of women entrepreneurs and innovators.
In this spirit, we will be issuing an open call for applications in November of this year. We are on the hunt for the next wave of up-and-coming female founders—and we invite qualifying startups (idea to early commercialization stage) to Venture13 to compete for up to $250,000 in investment.
Bonus: DELIA participants will be automatically pre-qualified for N100 Artemis Edition!
We look forward to sharing more details ahead of the competition starting up again this fall.
~John Hayden, for the N100 Team
Women-Owned: a woman or women (combined) have majority ownership in the business, a minimum of 51% equity stake).
Women-led: a woman is or women are driving the direction of the business (for a minimum of one year) as Founder, Co-Founder, CEO or C-Suite Executive (e.g. CTO, CFO, COO, etc.).