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Mastercard and Pier Five Offer Grants to 10 Small Canadian Businesses

10 small businesses owned by Canadian women have been selected as the latest recipients of the Mastercard x Pier Five Small Business Fund. The selected businesses will receive $10,000 in funding and access to expert mentorship, networking opportunities, and a priceless experience in Toronto to grow.

Mastercard is supporting small businesses through initiatives like the Mastercard x Pier Five Small Business Fund program. This program provides funding, mentorship, and resources to help entrepreneurs succeed and drive economic growth. This year’s recipients join a diverse network of past winners from industries like technology, wellness, and healthcare. Following is a list of winners:

Boco Boco (Montreal, QC): An eco-friendly online gourmet grocery store on a mission to help consumers make sustainable purchases.

Bruized (Toronto, ON): A sustainable snack company that rescues and upcycles perfectly good surplus food into plant-based snacks while inspiring discussions about reducing food waste.

Folds Wear Inc. (Calgary, AB): A clothing company founded to bring innovation, style, and sustainability to healthcare uniforms using unique fabrics that support the environment and care for the wearer’s skin.

ImaginAble Solutions (Hamilton, ON): A social impact company creating assistive technology to improve the quality of life for people with hand disabilities.

Lesley Hampton (Toronto, ON): An inclusive luxury and Indigenous fashion brand that champions diverse beauty and empowers all body types and backgrounds.

Mahara Mindfulness (York, ON): Creators of The Human Being Journal, designed to help people manage mental health, gain perspective, and live fulfilled lives.

Paintillio (Sechelt, BC): A company creating custom paint-by-numbers projects that are high quality, hands-on, collaborative, and accessible to help communities grow through artistic expression and creative initiatives.

Remix Snacks (Vancouver, BC): A dietitian-led company creating bean-based snacks with ingredients that reduce food waste.

Shawish Market (Toronto, ON): An Indigenize custom-built and marketplace-style platform designed to empower Indigenous entrepreneurs by eliminating vendor fees.

The Magpie Cakery (Toronto, ON): A collaborative community kitchen designed to help local businesses thrive.

The Mastercard x Pier Five Small Business Fund supports Canadian small businesses with funding, tools, and resources. Since 2022, Pier Five has helped connect business owners with $250,000 in funding.

Source: Mastercard