The Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that Evol is providing loans of up to $50,000 to women entrepreneurs and business owners through the Women Entrepreneurship Loan Fund. The Minister was joined by Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent, and Sevrine Labelle, Chief Executive Officer of Evol.

Minister Ng highlighted that, since launching, the Women Entrepreneurship Loan Fund has supported women entrepreneurs across the country by distributing $55 million in loans to those starting and growing their businesses, with a majority of the recipients being under-represented women. With Evol set to distribute $7 million in loans, the Government of Canada ensures that even more women can access capital to start or grow their businesses.

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