Who we are
Over the last 20 years we have worked with thousands of female business owners at all stages of business. We began to see a pattern among our clients; that those who had successful early-stage businesses were experiencing challenging transitioning into a high growth phase. When it came to finding resources for these women, we discovered that there was a gap in adequate support for these entrepreneurs. Their businesses were not large enough to hire professional management or advisors, yet were complex in their needs. As such, they fall between the gaps of many traditional entrepreneurship programs in Canada.
PeerSpark™ is committed to building a community of peers, experts, and successful entrepreneurs. Our program helps provide women with the tools they to take their businesses to the next level. It includes intensive leadership and skills development in a peer group setting.
Mission and values
We strongly believe that by supporting female entrepreneurs, our economy will become stronger and more diverse.
Despite high levels of education and entrepreneurship among women, women-owned businesses currently do not grow at the same rate as their male-owned counterparts. Only 37% of women-owned businesses are considered high-growth small- and medium-sized enterprises (SMEs). In comparison, 63% of male-owned businesses are considered high-growth SMEs. Some of the reasons given by experts in the field include:
- Lack of networks connected to power and decision making
- Lack of role models, mentors, and confidence
- Lack of understanding how to market and deliver to large buyers
- Lack of access to and readiness to use significant financing
- Underrepresentation of women in business development and accelerator programs
PeerSpark™ addresses these barriers by providing access to resources including experts, peer networks, and business coaching. Our program was developed to meet the unique needs of women with emerging growth ventures who would benefit from peer support and guidance.