{"id":15674,"date":"2023-03-08T08:00:00","date_gmt":"2023-03-08T13:00:00","guid":{"rendered":"https:\/\/evol.wp.vortexdev.com\/?post_type=pressroom-post&#038;p=15674"},"modified":"2023-08-30T15:05:31","modified_gmt":"2023-08-30T19:05:31","slug":"evol-welcomes-funding-announced-by-minister-st-onge","status":"publish","type":"pressroom-post","link":"https:\/\/evol.wp.vortexdev.com\/en\/press-room\/evol-welcomes-funding-announced-by-minister-st-onge\/","title":{"rendered":"Evol welcomes funding announced by Minister St-Onge"},"content":{"rendered":"<p><strong>Montreal, March 8, 2023.<\/strong> Evol is delighted with today\u2019s announcement by the Honourable Pascale St-Onge, Minister of Sport and Minister responsible for the Economic Development Agency of Canada for Quebec Regions. During a visit to the company Proud Diamond in Montreal, Ms. St-Onge announced that Evol would be receiving two financial contributions totalling almost $10&nbsp;million.<\/p><p>A non-repayable contribution of $5&nbsp;million has just been added to the Evol impact financing fund, which now totals $60&nbsp;million. This fund enables Evol to lend up to $450,000&nbsp;to businesses with diverse, inclusive ownership that generate positive impacts aligned with the UN\u2019s Sustainable Development Goals (SDG).<\/p><p>The other financing announced today, of $4,475,800&nbsp;over two years, will support Evol\u2019s coaching offer. This amount will help us finetune and enhance coaching services and build partnerships within the ecosystem to better meet the needs of groups underrepresented in entrepreneurship that are now Evol\u2019s focus.&nbsp;<\/p><p>\u201cEvol\u2019s 25 years of experience in financing and coaching have shown that offering guidance is a key to the success and survival of the businesses we finance,\u201d said S\u00e9vrine Labelle, Evol CEO. \u201cBy expanding access to services to a broader clientele, Evol has adjusted its offer to meet needs observed on the ground. We are delighted with this new partnership with Economic Development Canada, which will enable Evol to be even more successful in its mission to help create a more inclusive, sustainable economy.\u201d&nbsp;<\/p><p>\u201cAt Evol, we know entrepreneurs can be agents of change,\u201d said Cadleen D\u00e9sir, Chair of the Board of Evol. \u201cBut to do this, entrepreneurs need financing, coaching, resources, and tools to promote their success. With the CED support announced today by Ms. St-Onge, we can help even more entrepreneurs in search of equity have a positive impact on our world.\u201d<\/p><p><strong><strong>About Evol<\/strong><\/strong><\/p><p>Operating in Quebec\u2019s 17 regions, Evol (formerly Femmessor) is an organization financially supported by the Minist\u00e8re de l\u2019\u00c9conomie, de l\u2019Innovation et de l\u2019\u00c9nergie (MEIE) and the Government of Canada as part of its Women\u2019s Entrepreneurship Strategy. Its mission is to contribute directly to the creation, growth, and acquisition of diversified, inclusive businesses that have a positive impact on society.<\/p><p>Evol has a significant budget envelope to offer financing that, combined with a personalized coaching experience and tailored complementary services, enables entrepreneurs to build sustainable, prosperous businesses.<\/p><p>Through partnerships with the Government of Qu\u00e9bec (with Investissement Qu\u00e9bec as its agent), the Government of Canada, National Bank, BDC, the Fonds de solidarit\u00e9 FTQ, and Fondaction, Evol offers financing and guidance to businesses with diversified, inclusive ownerships that generate positive impacts aligned with the UN\u2019s Sustainable Development Goals (SDG).<\/p><h5 class=\"wp-block-heading\" id=\"h-30\">\u201430\u2014<\/h5><p><strong><strong>Information:<\/strong><a href=\"Information:\"><br><\/a><\/strong>Arnaud Berbery<br>1 844 523-7767, ext. 271<br>a.berbery@evol.ca<\/p><p><strong>For more information about Evol<\/strong><\/p><p><strong>evol.ca<\/strong><\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button is-style-btn-secondary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/evol.wp.vortexdev.com\/wp-content\/uploads\/2023\/04\/2023-03-08_PressRelease.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">download PDF<\/a><\/div><\/div><hr class=\"wp-block-separator has-css-opacity\"\/><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/evol.wp.vortexdev.com\/en\/press-room\/\">go back to press room<\/a><\/div><\/div><div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p><strong>March 8, 2023.<\/strong> Evol is delighted with today\u2019s announcement by the Honourable Pascale St-Onge, Minister of Sport and Minister responsible for the Economic Development Agency of Canada for Quebec Regions. During a visit to the company Proud Diamond in Montreal, Ms. St-Onge announced that Evol would be receiving two financial contributions totalling almost $10 million.<\/p>\n","protected":false},"featured_media":11232,"template":"","pressroom-post-category":[],"class_list":["post-15674","pressroom-post","type-pressroom-post","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v25.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evol welcomes funding announced by Minister St-Onge - evol<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evol welcomes funding announced by Minister St-Onge\" \/>\n<meta property=\"og:description\" content=\"March 8, 2023. Evol is delighted with today\u2019s announcement by the Honourable Pascale St-Onge, Minister of Sport and Minister responsible for the Economic Development Agency of Canada for Quebec Regions. 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