Lenovo Awards $100,000 in Grants to Minority-Owned Small Businesses Across Ontario

Ten local businesses receive grants through the Toronto Region Board of Trade’s Recovery Activation Program

TORONTO--(BUSINESS WIRE)--Today, Lenovo announced the ten Ontario-based recipients of its Evolve Small grant program aimed at providing relief to Black, Indigenous, and People of Colour-owned (BIPOC) small businesses navigating the challenges and impact of COVID-19. Issued in partnership with the Toronto Region Board of Trade (TRBOT), each small business will be awarded a CAD $10,000 grant. In addition, Lenovo is providing educational programming to all TRBOT member businesses, to help accelerate their digital adoption.

Throughout the two-month application window, TRBOT received a total of 203 small business applicants that met eligibility requirements. All applications were reviewed by a panel of experts from TRBOT and grant recipients were selected based on their ability to demonstrate their business’s equity, diversity, and inclusion initiatives and their completion of one or more of TRBOT’s Recovery Activation Program (RAP) streams, an online support and education program designed to help businesses adapt to a more digital world during and after the pandemic.

The ten grant recipients are listed below:

1. Funding Essentials Inc. (Ottawa, ON)
2. Flux & Fire Inc. (Toronto, ON)
3. Atlas Studio (Cambridge, ON)
4. Elleverity Wealth Management (Milton, ON)
5. Whole Woman Network (Richmond Hill, ON)
6. Chorus Music Academy Inc. (Vaughan, ON)
7. Krippit Corporation (Toronto, ON)
8. Living Farmacy (Toronto, ON)
9. Emkiro Health Services (Toronto, ON)
10. Facedrive Inc. (Toronto, ON)

TRBOT launched its Recovery Activation Program (RAP) to help Canadian small businesses adapt to the increasing need for digital adoption that was accelerated by COVID-19. By focusing on attracting customers, improving supply-chain efficiencies, managing workforces virtually, and streamlining costs, RAP provides a comprehensive toolkit to support the long-term success of Toronto’s small business community

“As the pandemic continues to impact us all, we recognize that small businesses, and especially minority-owned small businesses, have been hit the hardest and need support to survive and thrive,” said Colin McIsaac, Vice President and General Manager, Lenovo Canada. “We hope that the funding provided through the grant program with the Toronto Region Board of Trade will provide relief to some of the businesses who have been impacted the most, and we look forward to seeing how these funds are used to innovate and build for the future.”

“The submissions we received show a remarkable range of engaged, passionate women and BIPOC entrepreneurs,” said Leigh Smout, President of the World Trade Centre Toronto. “Each of these grants, which Lenovo has made possible, will allow the recipients to grow their business and, in turn, their already-significant contributions to our regional economy and communities. We are proud to be associated with Lenovo and these amazing business leaders.”

Visit Lenovo.com/EvolveSmall to learn how Lenovo has currently been supporting small businesses and keep up to date on the Evolve Small efforts, resources, and technology solutions.

Visit LenovoFoundation.com to learn more about Lenovo’s global philanthropic efforts to empower underrepresented populations with access to technology and education.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$60 billion revenue Fortune Global 500 company serving customers in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that power (through devices and infrastructure) and empower (through solutions, services and software) millions of customers every day and together create a more inclusive, trustworthy and sustainable digital society for everyone, everywhere. To find out more visit https://www.lenovo.com and read about the latest news via our StoryHub.

About Toronto Region Board of Trade

The Toronto Region Board of Trade is one of the largest and most influential chambers of commerce in North America and is a catalyst for the region’s economic growth agenda. Backed by more than 13,500 members, we pursue policy change to drive the growth and competitiveness of the Toronto region, and facilitate market opportunities with programs, partnerships, and connections to help our members succeed – domestically and internationally. To learn about the Board’s economic recovery efforts and response to COVID-19, visit supportbusiness.bot.com. For more on making Toronto one of the most competitive and sought-after business regions in the world, visit bot.com and follow us at @TorontoRBOT.