History of the RBC Canadian Woman Entrepreneur Awards
Since 1992, the RBC Canadian Woman Entrepreneur Awards (CWEA) have paid tribute to Canada's most successful female entrepreneurs for their important contributions to the Canadian and global economies as well as to their communities. Each year, a team of 16 national judges, all of whom are successful businesswomen themselves, review the applications and select the winners. In addition, a rigorous due diligence process takes place, including a review of financial statements, site visits and reference checks, before winners are confirmed.
One of the most exciting developments over the years has been the growth in size and scope of the businesses these women are operating. Initially, most of the businesses applying for an award were small, but today revenues range from $250,000 to over $500 million. There has also been an increase in the number of female entrepreneurs succeeding in 'non-traditional' industries such as finance, film, construction, oil and gas, and transportation.
"Through our long-standing partnership with Women of Influence, RBC is proud to honour and showcase successful women entrepreneurs across Canada," said Kim Ulmer, vice president, Small Business, RBC. "Women entrepreneurs are an integral part of the Canadian economy and their stories and successes are nothing short of inspirational. Come in and talk to an RBC Business Account manager today about nominating a female entrepreneur who inspires you."
Why RBC Financial Group Sponsors the Awards
- To honour and showcase successful women entrepreneurs across Canadam
- To advance women's business and personal networks
- To provide significant profile and visibility for women and their businesses
- To create additional opportunities for women business owners to actively participate on for-profit and non-profit boards, government committees and/or industry associations
- To increase the number of role models and mentors for all entrepreneurs, both male and female
“We believe that, as Canadians, we have an obligation to support women who are working to achieve their dreams and to improve their communities by helping them to start and run successful businesses,” says Joanne Gordon, Vice President of Media and Entertainment, RBC Royal Bank.