Why We're Reluctant to Access Financial Support & the Impact of Women's Entrepreneurship on the Economy w/ Alison Kirkland

“It is the economic impact that women entrepreneurs have that is so vital to the health of the Canadian economy.”  - Alison Kirkland

Did you know that a recent national survey conducted by Women’s Enterprise Organizations of Canada (WEOC) found that some women feel they won’t be legible for capital funding, so they don’t bother applying? Instead, they charge business expenses to their credit cards or use their savings to build businesses, damaging their credit rating and risking their livelihood.

On the other hand, when we support women entrepreneurs and give them access to the resources they need, our economy benefits directly. In today’s episode, Alison Kirkland, CEO of WEOC, unpacks all of this.

Alison was named the inaugural CEO of WEOC in September 2019. Since then, she has grown the organization from a Board-run initiative to a vital resource for women’s entrepreneurial support organizations across Canada. She also discusses:

Why women’s businesses grow at different rates than men’s The challenges women face trying to access capitalPride over bootstrapping instead of borrowingWhy having debt as a business owner isn’t necessarily bad as long as it’s well-managedWEOC’s partnership with Stacy’s Rise Project

To learn more about WEOC, tap or click HERE.

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Sound credits: Levels by Yung Kartz ($HMONEY theme song - intro/outro music)

Edited and produced by Anastasia Barbuzzi, founder and creative director of $HMONEY ($HMONEY Radio).

To get acquainted with your host, tap or click HERE.

To subscribe to The #SundayScroll ☕, Anastasia’s weekly newsletter, tap or click HERE.

To learn more about $HMONEY, visit shmoney.club and join us on...

Instagram: @shmoneyradio / @shmoneyhonies

Facebook: https://www.facebook.com/shmoneyradio

Sound credits: Levels by Yung Kartz ($HMONEY theme song - intro/outro music)

Edited and produced by Anastasia Barbuzzi, founder and creative director of $HMONEY ($HMONEY Radio).