News

A group of 25 women have formed an Okanagan-based investment fund to focus on correcting the gender imbalance faced by female entrepreneurs when seeking investment and increase the number of women who are active start-up company investors.

To mark International Women’s Day, the Okanagan Women’s Mentoring and Angel Network (WMAN) is accepting applications from female-founded, led or co-led businesses within the region.

A group of Okanagan women has created an angel investment fund that it hopes will help more females get into the local business world.

Okanagan Women’s Mentoring and Angel Network, or WMAN, is part of the Women’s Equity Lab, which was founded in Victoria in 2017. WEL’s mission is to increase equal gender opportunity in the area of early stage investing, and it has so far launched three funds in Victoria and one in Vancouver.

Now it is coming to the Okanagan.

Twenty-five women have formed a new Okanagan Angel Investment Fund with a focus on correcting the gender imbalance faced by women owned businesses when seeking investment and to increase the number of women who are active start-up company investors.