Women Entrepreneurs and Procurement
Procurement presents a major opportunity for women entrepreneurs. The purchasing power of large scale private sector companies and the government equates to billions annually. Companies and the government regularly purchase from the ‘usual suspects’, most of whom are male. Advocating for supplier diversity initiatives in the government and in the private sector present low hanging-fruit that could result in massive injections of capital to women-owned companies, allowing them to scale.
Led by McGill University, the Women Entrepreneurship Hub will explore how Canada can advance supplier diversity. The research will highlight the history of supplier diversity in Canada and provide key takeaways from an analysis of the supplier diversity ecosystem of both Canada and the United States.