The Government of Canada is advancing women’s economic empowerment with the first ever Women Entrepreneurship Strategy,a $2-billion investment that seeks to double the number of women-owned businesses by 2025.
On Monday Delta MP and Minister of Public Services and Procurement and Accessibility Carla Qualtrough announced an investment of up to $100,000 to Delta’s Canadian Mattress Recycling Inc. through the Women Entrepreneurship Fund.
Announcedon behalf of Mary Ng, Minister of Small Business and Export Promotion, this investment will support the scale-up of the mattress recycling facility on Annacis Island, through the purchase and installation of an automated textile and foam conveyor-baler as well as marketing activities. It is expected to create eight jobs, grow revenues by $400,000, and increase sales exports by $300,000.
“The women of Delta are leaders, innovators, decision-makers, entrepreneurs and business leaders,” said Qualtrough. “We make important contributions to our economy and community every day and I am proud to be part of a government that recognizes this. By putting a focus on small business and women entrepreneurship, our government is creating more opportunities for women, like Terryl from Canadian Mattress Recycling, to succeed and help strengthen Canada’s economy.”