The first Indigenous Entrepreneurship hub to open in Toronto
Aug. 30, 2019
Global Korean Post
The Government of Canada is supporting the Indigenous community to access economic opportunities and lay the groundwork for growth that benefits Indigenous Peoples and all Canadians.
Federal Economic Development Agency for Southern Ontario contributes up to $5 million for the City of Toronto towards the creation of the Indigenous Centre for Innovation and Entrepreneurship (ICIE).
This Toronto-based centre will be the first Indigenous business incubator of its kind in southern Ontario, and will support Indigenous entrepreneurs as they develop, launch and grow their businesses.
With over 20,000 square feet of commercial space over three floors at 200 Dundas Street East in Toronto, the centre will offer business skills training, collaborative workspaces, access to funding, mentorship and peer support networks based on approaches designed by the Indigenous community.
Through FedDev Ontario’s investment, the ICIE expects to support close to 420 Indigenous businesses and create 500 new jobs for Indigenous Peoples across southern Ontario, enabling them to participate in and benefit from economic opportunities available throughout the region.