MICRO-GRANTS
The Innovators & Entrepreneurs Foundation (IEF) Micro-grant program is designed to provide a financial boost to Canadian small and medium-sized businesses (SMEs) that are already operational, generating revenue, and who need a financial boost to improve their business operations.
The goal of the IEF Micro-grant program is to support founders belonging to equity-deserving and/or racialized communities across Canada overcome financial obstacles and achieve growth, sustainability, and success in their businesses.
IEF Micro-grants offer its recipients a business cash injection to be used to fund various business activities such as marketing campaigns, digital enhancements, employee training, international expansion, equipment upgrades, and more. IEF collaborates with its micro-grant partners and sponsors to determine the eligibility requirements for each micro-grant category.
Previous Micro-Grants
For our 2022/23 section, we are thrilled to announce that we will be providing a total of $30,000 in cash grants and $11,000 in Meta advertising credits to deserving businesses. We have four micro-grant categories, and a total of six micro-grants worth $5000 cash each.
2022/23 Micro-Grant Recipients
Nicholas LaValle
Clean Valley Bio-filtration Technologies CIC
Climate-Related Product Innovation Micro-grant
Sponsored by UPS: a $5000 cash grant to be awarded to a business demonstrating innovation to address urgent climate-related issues.
Will Fan
Global Impact Micro-grant
Sponsored by UPS: a $5000 cash grant to be awarded to a business who has demonstrated international scale.
Jess Devenport
Digital Innovator Micro-grant
Sponsored by Meta: a $5000 cash grant plus $5000 in Meta advertising credits to be awarded to a business who moved their operations online as a result of the global COVID-19 pandemic.
Maria Kennedy
Woman Identifying Business Owner Micro-grant
Sponsored by TD #TDWomenInEnterprise: three micro-grants of $5000 cash to be awarded to women-identifying business owners seeking access to a business grant to scale their business.
Stephanie Leithead
Woman Identifying Business Owner Micro-grant
Sponsored by TD #TDWomenInEnterprise: three micro-grants of $5000 cash to be awarded to women-identifying business owners seeking access to a business grant to scale their business.
Sandra Phillips
Woman Identifying Business Owner Micro-grant
Sponsored by TD #TDWomenInEnterprise: three micro-grants of $5000 cash to be awarded to women-identifying business owners seeking access to a business grant to scale their business.
PRESENTED IN PARTNERSHIP WITH
THANK YOU TO OUR MICRO-GRANT SPONSORS
