LWR will use the funds for further product development and to seize opportunities in the global export market
CALGARY, AB – (Aug 30, 2019) The Government of Canada is advancing women’s economic empowerment with the first ever Women Entrepreneurship Strategy (WES), a $2-billion investment that seeks to double the number of women owned businesses by 2025. This initiative is especially important when you consider that only 2.2% of the $130 billion total in US venture capital money invested in 2018 went to female founders. Today, Randy Boissonnault, Member of Parliament for Edmonton Centre, on behalf of the Honourable Mary Ng, Minister of Small Business and Export Promotion, announced investments of up to $3.3 million for women entrepreneurs in Alberta. Today’s announcement supports eleven Alberta-based, women-led companies, including Livestock Water Recycling (LWR), to grow and reach new export markets.
View the Official Press Release here.