December 16, 2020
MARKHAM, Ontario — ventureLAB and Women of Influence are pleased to announce a new partnership to expand Tech Undivided, a ventureLAB initiative launched in early 2020 with a $1.7-million investment through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to create an inclusive tech ecosystem that increases representation by reducing unconscious bias related to founders who are raising investment capital or generating new revenue through customers or strategic partnerships.
Tech Undivided enables female founders to raise capital to scale and to secure customers to drive revenue growth, leveraging a gender-parity network of industry experts who are leaders in innovation, scaling global enterprises, and champions of merit-based inclusivity.
Women of Influence is one of North America’s leading organizations offering solutions for workplace gender equality and women’s advancement. Through global events, digital media, signature awards, and consulting, Women of Influence reaches a diverse community of professional women and men across Canada and internationally. Women of Influence bring a strong network and expertise to support female entrepreneurs to rebuild after the business impacts of COVID-19 and obtain the knowledge and skills to commercialize technologies.
Tech Undivided includes access to monthly skill-building workshops, opportunities for investment and funding, and access to a purpose-built, merit-based gender balanced Strategic Mentor Network of industry leaders to guide founders as they navigate the market and scale their businesses. The partnership strengthens our continued work to put women entrepreneurs on the most sustainable path to growth through customer revenue and investment capital. Women of Influence will help companies improve their brand visibility, increase revenue opportunities and assist them in growing their professional network to assist with key business areas like sales, marketing and investment readiness.
The partnership strengthens our continued work to put women entrepreneurs on the most sustainable path to growth through customer revenue and investment capital.
“Our mission at ventureLAB is to grow globally competitive tech titans that build-to-scale from Canada for global markets. With Tech Undivided, we are levelling the playing field for women entrepreneurs who are building Canadian-grown tech firms,” said Melissa Chee, President and CEO, ventureLAB. “We are proud to partner with Women of Influence to expand our reach and further enable the scaling of innovative tech ventures here at home.”
“At Women of Influence, we are committed to helping women entrepreneurs succeed,” said Stephania Varalli, Co-CEO, Women of Influence. “That’s why we are excited to partner with ventureLAB to expand Tech Undivided and help to set up founders for their best chance of success in scaling their companies.”
Tech Undivided is funded in part by the Government of Canada’s Women Entrepreneurship Strategy (WES) Ecosystem Fund, delivered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
ventureLAB is a leading technology hub located in Markham in York Region, Canada’s second largest tech cluster. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, in three key areas of focus: hardware, health, and inclusivity. Through programs focused on raising capital, attracting and retaining talent, customer acquisition, and technology and IP development, ventureLAB has enabled thousands of tech companies to scale through these growth-oriented initiatives. Our portfolio of companies have created close to 4,000 jobs that have raised over $200 million in investment capital to continue their growth and scale. www.venturelab.ca
Women of Influence, now in its 26th year, is one of North America’s leading organizations offering solutions for workplace gender equality and women’s advancement. Through our global events, digital media, signature awards, and consulting, Women of Influence reaches a diverse community of professionals across Canada and internationally. Providing insights and inspiration, perspectives on key issues, and creating opportunities to connect — we are making change happen for women, today. Signature programs include the Top 25 Women of Influence Awards and the RBC Canadian Women Entrepreneur Awards. For more information, please visit www.womenofinfluence.ca.
For more than 10 years, FedDev Ontario has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation and growth in Canada’s most populous region.