The Saskatoon Open Door Society's Dream to Reality Business Pitching Competition is assisting immigrant women entrepreneurs in Saskatoon strengthen their enterprises.
Motunrayo Babatunde, a competition competitor, expressed her delight at receiving funding for her photography company, saying, "It's a great opportunity for me."
The Women's Business Hub initiative of the Saskatoon Open Door Society strives to assist immigrant women in starting their own businesses. Recently, the organization revealed that it had secured $1 million in government funds to extend this effort.
Ali Abukar, CEO of the Open Door Society, emphasized the program's value, adding that it provides immigrant women entrepreneurs with the necessary skills to establish and expand their enterprises.
In addition to the Dream to Reality competition, the Women's Business Hub provides training in marketing, sales, digital literacy, and financial literacy.
Prairie Economic Development Canada (PrairiesCan) has contributed more than $1 million to the society's newcomer entrepreneurship program. Dan Vandal, the federal minister in charge of PrairiesCan, underlined the need of encouraging women to participate fully in the economy.
Since its start, the initiative has helped over 100 customers, indicating a favorable shift toward economic empowerment and diversity in Saskatchewan's corporate scene.