Mastercard has announced another round of its 2026 Mastercard Small Business Fund, a program designed to support and empower women-owned businesses across Canada.

Through the fund, 10 women-owned businesses will each receive a $10,000 grant and the opportunity to participate in a Mastercard “Priceless Experience” in Toronto. This exclusive experience will focus on mentorship, networking, and expert advice to help recipients grow and scale their businesses.

The program is designed to provide financial support while also connecting entrepreneurs with resources and leaders who can help strengthen their businesses for long-term success.

Available Funding and Opportunities

Through the program, selected recipients will receive:

• $10,000 grant to support their small business
• Access to a Mastercard Priceless Experience in Toronto, focused on mentorship, networking, and expert insights to help scale and expand their operations

Eligibility Criteria

To be eligible for the Mastercard Small Business Fund, applicants must meet the following requirements:

• The applicant must identify as a cisgender or transgender woman
• The business must be registered in Canada
• The business must generate less than $1 million in annual gross revenue
• The business must have been operating in Canada for at least one year before March 1st, 2026
• The business must not be a franchise

Applicants are encouraged to visit the Mastercard website for full details and additional eligibility requirements.

How to Apply

Eligible applicants can apply by visiting the official Mastercard Small Business Fund website and submitting their application before the deadline.

Deadline

Applications for the 2026 Mastercard Small Business Fund are due by March 24th, 2026.

As always, we’ll continue to share relevant grants, funding opportunities, and programs for entrepreneurs and small businesses across Canada.

For more updates on opportunities, events, and community initiatives across Toronto and the GTA, follow efosa on Instagram.