Entrepreneurship is more than just starting a business; it is a powerful way for individuals to integrate into their new environment while driving economic progress for the North Shore. At Impact North Shore, we are proud to shine a light on our new Welcome to Entrepreneurship: Newcomer Self-Employment Program, an initiative designed to guide im/migrants in learning about entrepreneurship as a viable option for economic integration. This program supports those looking to better understand the complexities of self-employment in Canada and provides them with clear and structured ways of assessing their personal pathways to success.
- 1 out of 4 new businesses in Canada are started by im/migrants
- 48 % of BC entrepreneurs in 2024 are projected to be im/migrants
- 40% of Canadian entrepreneurs are expected to be im/migrants by 2034
Through personalized mentorship and access to essential information, the Welcome to Entrepreneurship program helps im/migrants understand the factors that are needed for a small business to succeed in Canada and develop informed plans to move their ideas forward. By offering a well-lit path to entrepreneurship, we are helping individuals to thrive, innovate, and contribute to the diverse and dynamic economy of their new home.
- 170+ im/migrants accessed the Welcome to Entrepreneurship Program
The guidance and support provided through the Welcome to Entrepreneurship program has been invaluable in my journey to establish my own business. The monthly meetings and guest speakers were incredibly insightful and motivating. I truly appreciate your dedication and the positive impact you’ve had on my entrepreneurial journey.
– Welcome to Entrepreneurship client
As we continue to support the entrepreneurial spirit of our community, we look forward to sharing the success stories that will emerge from this program. Together, we are forging the way for a more inclusive and prosperous economic future.
Footnote:
Sources:
Entrepreneur Statistics in Canada | MadeinCA.ca 2024 article, entrepreneurship in Canada through statistics
Immigrant entrepreneurship in Canada | BDC.ca 2023 article, projections based in 2021 Census data
