FOR IMMEDIATE RELEASE
March 28, 2025 [Toronto, Canada] – The Innovators & Entrepreneurs Foundation (IEF) is proud to announce its first funded scholarship cohort, made possible through a grant from the City of Toronto Business Incubator Program. This funding will allow 100 entrepreneurs to gain free access to IEF’s Business Financing Fundamentals (3-part course), designed to enhance financial literacy and investment readiness for under-served founders.
This Business Financing Fundamentals is based on CanWCC’s course and has been structured into three parts to provide a more accessible and comprehensive learning experience. This initiative is part of IEF’s commitment to boosting Canadian entrepreneurs by equipping them with the necessary financial skills to secure capital investment and grow their businesses.
Key Dates:
- Applications Open: March 27, 2025 – Announced at the FTS Beyond the Pitch Virtual Event
- Application Deadline: May 30, 2025
- Cohort Announcement: June 2, 2025
- Program Welcome & Check-in Webinar: June 25, 2025
- Program Completion & Feedback Deadline: December 31, 2025
This scholarship is offered on a first-come, first-served basis, with the first 100 vetted applicants receiving full funding for the program. Once selected, recipients will gain immediate access to the self-paced curriculum, allowing them to start their learning journey right away.
“We are excited to launch this scholarship initiative as the first step in IEF’s renewed commitment to supporting Canadian entrepreneurs,” said Catherine Chan, CEO at IEF. “Through this program, we aim to provide business owners with critical financial knowledge, helping them make informed decisions and prepare for investment success.”
The Business Financing Fundamentals program is just the beginning of IEF’s broader mission to deliver educational opportunities, funding resources, and strategic connections to capital for entrepreneurs across Canada.
Scholarships are available for IEF’s Business Finance & Investment Readiness Programs here: bit.ly/3XKZ71X
About Innovators & Entrepreneurs Foundation:
The Innovators & Entrepreneurs Foundation (IEF) is dedicated to supporting underrepresented entrepreneurs through funding, mentorship, and strategic partnerships. By investing in innovative programs and initiatives, IEF is committed to leveling the playing field and driving economic growth through diversity and inclusion.
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