Minister Ng announces investment in women-led company in Kitchener
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.
Today the Honourable Mary Ng, Minister of Small Business and Export Promotion and Marwan Tabbara, Member of Parliament for Kitchener South–Hespeler joined local women entrepreneurs and business
leaders to celebrate women’s entrepreneurship in Canada and share how the federal government is helping women succeed.
Mr. Tabbara and Minister Ng announced an up to $100,000 investment in Deep Trekker, which will support the company’s expansion into Australia, New Zealand, Latin America, and the Middle East.
“When I had the pleasure of meeting Sam Macdonald, President of Deep Trekker, her passion for the company and advanced manufacturing in Waterloo Region was evident,” says Marwan Tabbara, Member of Parliament for Kitchener South–Hespeler. “I am very pleased with our government’s announcement that Deep Trekker will receive a $100,000 investment through the Women Entrepreneurship Fund. Technological innovation and entrepreneurship like this are a hallmark of Waterloo Region.”
“It is an absolute pleasure to be chosen for the Women Entrepreneurship Fund investment,” says Sam Macdonald, President, Deep Trekker. “It is wonderful to see the advancements of women in STEM and the continuous growth and support for women entrepreneurs in our community and across Canada.”
The Women Entrepreneurship Strategy complements the Government of Canada’s efforts to advance gender equality, which include addressing pay equity, providing more affordable childcare and putting an end to gender-based violence.
“Our government believes that women’s economic empowerment is not just the right thing to do; it’s good for the bottom line,” says Mary Ng, Minister of Small Business and Export Promotion. “That’s why we launched the Women Entrepreneurship Strategy, a strategy that seeks to double the number of women-owned businesses by increasing their access to financing, networks and advice. It’s a smart investment with an economic and social return.”
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