MasterCard, Ryerson University Launch Women in Entrepreneurship Program

Ryerson University, in partnership with MasterCard, announced this week a new program to fuel the success of women-led startups.

Launching on March 8, which is International Women’s Day, the MasterCard Women in Entrepreneurship Program will provide six female entrepreneurs with $10,000 in resources, including $5,000 in funding each. They will also gain admission to the Digital Media Zone at Ryerson University.

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We look forward to nurturing these new technology leaders along with MasterCard, accelerating their businesses and empowering them on their way to success,” said Valerie Fox, Executive Director of the Digital Media Zone at Ryerson University.

“Innovation is in our DNA and we’re thrilled to support women who are going to become tomorrow’s technology leaders,” said Betty DeVita, President, MasterCard Canada.

“Less than five per cent of female entrepreneurs actively seek a mentor, and yet those with a mentor have a 50 per cent greater chance of being in business after three years,” said Vicki Saunders, Entrepreneur in Residence at the DMZ. “Building stronger support programs specific to women’s needs, like this one, will have a significant positive impact on the Canadian economy.”