Magnolia Perron

Indigenous Women and Youth Program Officer at the National Aboriginal Capital Corporations Association (NACCA). Empowering Indigenous women in business.

[Magnolia Perron @MagnoliaPerron]

@fintech_matt @Startup_Canada @scotiabank A study by Indian Business Corporation (IBC), an Aboriginal Financial Institution in Alberta, found that although women may need more support, they have fewer loan write offs compared to their male counterparts! Read the full report here: https://t.co/rp89bH4b0v #StartupChats

[Magnolia Perron @MagnoliaPerron]

@CydneyMar @Startup_Canada @WEOCanada @Fundica @scotiabank That's amazing! If he is looking for financing or business support services, NACCA and the network of Aboriginal Financial Institutions (AFIs) can definitely help! We have many located throughout BC! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @WEOCanada @Fundica Increasing the representation of women in business is so important! NACCA's Role Model Campaign spotlights and shares success stories of Indigenous women entrepreneurs to inspire other young women and girls to consider entrepreneurship #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Micro-loan programs that target women can help many women start or grow a successful business venture without having to take on a lot of debt – which many women do not want to do. #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Micro-loans! Women tend to start small – often part-time or home-based – businesses which require micro-loans. Unfortunately, many financial institutions do not offer these types of loans. #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Mentorship and networking are also important for women to feel connected and supported throughout their entrepreneurial journey. The Indigenous Lift Collective is a great network to connect with other Indigenous women entrepreneurs! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Navigating the women’s entrepreneurship ecosystem can be overwhelming! Initiatives like Scotiabank’s Women Initiative can help women navigate the system and find the resources, funding, and training they need to start or grow successful businesses! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Aboriginal Financial Institutions (AFIs) play a critical role in filling the financing gaps and unmet needs faced by Indigenous entrepreneurs. AFIs make loans that conventional financial institutions cannot, by identifying risks and then mitigating those risks! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Many traditional banks offer banking services and loans for businesses. Scotiabank is bridging the access to capital gap for women-led businesses in Canada and has a dedicated team that has received training in unconscious bias! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Take your time and shop around. Find a financial institution that gets behind your business idea! Once you've established a relationship, it's important you stay in touch and maintain communication! Don't be afraid to reach out when you have questions or need help! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Your credit score matters! Your personal credit is an important part of the profile and application process. While credit is a useful financial tool that can be used to help manage our money, we must make smart financial decisions and manage our credit wisely! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank @MarissaBronfman @wearewomxn

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank NACCA, in partnership with We Are Womxn (WAW), announced a $2,000 grant and mentorship opportunity for an Indigenous woman in Canada who is looking to start a business in the food and beverage industry. Applications open now! Learn more at https://t.co/vZkBSn2TYI! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Aboriginal Financial Institutions (AFIs) are developmental lenders who provide business loans, non-repayable contributions, financial and management consulting, and business start-up and aftercare services to Indigenous businesses in Canada! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Aboriginal Financial Institutions (AFIs) provide business financing and support services to First Nations, Métis, and Inuit businesses in all provinces and territories. Some even offer specific funds for women! Find your local AFI at https://t.co/GH4HwscQ69 #StartupChats

[Magnolia Perron @MagnoliaPerron]

@THINK_Lyndon I am doing great! How are you? So grateful to be here to discuss such an important topic! #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank In NACCA’s survey of Indigenous women entrepreneurs, 78% of women indicated they used personal savings to start a business! You can read our report here: https://t.co/6YTCrkIlw5 #StartupChats

[Magnolia Perron @MagnoliaPerron]

@Startup_Canada @scotiabank Access to capital is the top challenge facing Indigenous women entrepreneurs. It is hindered by eligibility criteria such as equity investment, collateral, proven credit history, full-time involvement in the business, and lack of micro-loans available. #StartupChats

[Magnolia Perron @MagnoliaPerron]

@THINK_Lyndon Hi everyone! My name is Magnolia Perron and I am the Indigenous Women and Youth Program Officer at the National Aboriginal Capital Corporations Association (NACCA). We represent over 50 Aboriginal Financial Institutions (AFIs) across Canada! #StartupChats