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ventureLAB receives funding for Tech Undivided, an initiative focused on bridging diversity gaps in the t …

August 7, 2019

Today, the honourable Mary Ng, Minister of Small Business and Export Promotion and MP for Markham-Thornhill, announced a $1.7 million investment into ventureLAB for the creation of Tech Undivided, an initiative that will bridge diversity gaps and create a more inclusive tech sector by supporting women tech entrepreneurs and leaders.

Tech Undivided will focus on two core activities: cohort-based programming, and the development of a strategic mentor network where entrepreneurs, investors and executives will advise companies, offering sector and domain expertise.

This investment will enable ventureLAB to help a greater number of women-led tech companies that build software- or hardware-enabled solutions for priority growth sectors. These include digital health, advanced manufacturing, and digital media.

“We are excited to launch Tech Undivided. This initiative will support women working in tech by bridging gender and diversity gaps and creating equity in tech, a sector in which women have been historically under-represented. By leveraging the expertise of seasoned entrepreneurs, investors and executives of all genders, Tech Undivided will strengthen not only Canada’s global competitiveness but also the talent pipeline of both women entrepreneurs and women working in tech.”

– Melissa Chee, President and CEO, ventureLAB

Read the full news release here.

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