BusinessTO News is a weekly newsletter that focuses on available resources and supports to help mitigate the impact of COVID-19 on Toronto businesses. Learn about the current health situation, service changes and economic support at toronto.ca/covid19.
City of Toronto commits more than $1.2 million in cultural and economic investments to confront anti-Black racism
The City of Toronto is making multiple investments in Toronto’s Black arts and culture community and business sector to address the systemic economic, social and cultural exclusion facing Black communities in Toronto. A list of the investments being made in arts, heritage and creative industries as well as economic development can be viewed online.
FedDev Ontario invests $4 million in women-led small businesses
The Government of Canada has invested $4 million through the Regional Relief Recovery Fund to support over 700 women-led small to medium-sized businesses in southern Ontario through the Rebuild Reopen Revive Initiative.
City of Toronto joins Canada United to support local businesses
The RBC-led Canada United campaign is rallying Canadians to buy, dine and shop local. RBC will contribute 5 cents up to a maximum of $2 million to the new Canada United Small Business fund every time someone views the Canada United videos online, likes posts from @GoCanadaUnited or uses #CanadaUnited. The fund will provide small businesses with grants of up to $5,000 to cover expenses related to personal protective equipment, renovations to accommodate re-opening guidelines and developing or improving e-commerce capabilities. Applications for the Canada United Small Business Relief Fund will be accepted starting on August 31.
Why You Need An Online Store For Your Business – ShopHERE Powered by Google (Free)
Thursdays at 11:30 a.m. – Register
Ask an Accountant – Applying for Government COVID-19 Support Programs (Free) – Watch on Demand
Scarborough Business Association Cyber Breakfast
Cross Border Business Opportunities with speaker, Ontario’s Minister of Finance, Hon. Rod Phillips
Wednesday, July 29 at 10:15 a.m. Register
Toronto Women’s Entrepreneurship Forum 2020
August 11 – 12, from 2 to 5 p.m. – Register
Business AdviceTO Event Series (Free)
Business AdviceTO with Partners SheEO World – Women Entrepreneurs | Wednesdays at 9 a.m. – Register
Business AdviceTO with Partners Retail Insider | Wednesday, July 29 at 11 a.m. – Register
Business AdviceTO with Partners TechTO | Wednesday, July 29 at noon – Register
Business AdviceTO SisterTalk (BIWOC) Black Indigenous Women of Colour Biz Mentorship Circle | Thursdays at 10 a.m. – Register
Business Community News
Support for LGBT+ youth entrepreneurs
The LGBT+ Youth Entrepreneur Program OUT for Business Initiative is a mentorship program created to empower LGBT+ youth by providing them the support and guidance to establish or grow their own business. Mentee and mentor applications are open until August 7.
York Entrepreneurship Development Institute Not-for-Profit Program is now open for applications Canada-wide
The York Entrepreneurship Development Institute is now accepting applications for the online Fall 2020 Not-for-Profit Program. Participants will receive extensive education, ongoing mentorship and the chance to showcase their organization to potential stakeholders. Apply by August 31.
Businesses support City of Toronto COVID-19 relief and recovery efforts
As the COVID-19 pandemic continues into the summer months and temperatures climb, there is growing concern over the risk of heat stress among Toronto’s most vulnerable residents as they shelter in place. The Toronto Office of Partnerships connected with Lowe’s Canada to secure 300 portable air conditioning units valued at over $160,000 for the Rapid Rehousing Project and Regent Park Project to help residents keep cool and safe throughout the summer. Learn how you can make a difference.
MaRS launches a new program supporting high-growth Canadian companies
Using Federal Scale-up Platform Funding, MaRS Discovery District has officially launched Momentum, a new program designed to support high-growth Canadian companies with the potential to reach $100 million in revenue in the next five years. The 53 companies in the program’s portfolio have been announced.
Ontario Made product registration for manufacturers
Earlier this month the Province announced the launch of “Ontario Made” , an initiative aimed at boosting consumer awareness and choice for locally produced items. Manufacturers can register products to receive a digital logo that can be used for printing labels or tags for qualifying products.