Good morning, Toronto startups and entrepreneurs! Let’s start with some good news. Back in April — which feels like a lifetime ago — OneEleven, a Toronto accelerator and innovation hub, announced they would be ceasing operations
. The reality of COVID-19 combined with a lack of stable funding meant OneEleven could no longer support its member companies. That might soon change, with Ontario Centres of Excellence looking to buy OneEleven
. The idea is to make it a not-for-profit organization with a seed fund to invest in startups and supplement revenue. Once COVID-19 lifts, places like OneEleven will be important to strengthen Toronto’s startup ecosystem. Hopefully OneEleven will rise again.
With respect to COVID-19, the Women Entrepreneurs Knowledge Hub has a comprehensive list of resources for women entrepreneurs
. There’s something for everyone, with a focus on support and programs for women.
Many of you are likely having some difficult conversations and realizations around racial prejudice, white privilege, systemic racism, and Blackness. Some of these discussions might make you uncomfortable. Tech is far from immune to racism and anti-Black bias. Our industry is rife with anti-Black attitudes that have remained unaddressed for years
. To learn how we can change these attitudes, tune in to Elevate’s conversation on racism in tech this Wednesday at noon
. Progress won’t be easy, but it will be worthwhile.
Here are some upcoming deadlines for applying to accelerators, grants and funding, or other competitions. Don’t miss out! If you know of others, please submit any application deadlines and I’ll post them if they’re relevant.
How She Hustles is excited to produce the 2nd annual Startup & Slay digital series featuring Canada’s diverse women entrepreneurs. Apply now to include your story about starting, sustaining and scaling your small business, despite these uncertain economic times. Winning entrepreneurs will be featured in weekly video chats during October’s Small Business Month 2020. We welcome applications from non-binary entrepreneurs while we work on a more gender inclusive framework for How She Hustles.
Have a great week, and stay well!