Lynda Woloszyn, President and CEO, is pleased to announce that Painted Lemur Studios successfully participated in the Government of Canada’s Women Entrepreneurship Fund. The company received an investment to develop a new studio dedicated to the evolving esports market - eSports Revolution(R).
The fund was part of the first-ever Women Entrepreneurship Strategy, a $2-billion investment that represents Canada’s commitment to advancing women’s economic empowerment. It was funded in part by the Government of Canada through the Federal Economic Development Agency for Southern Ontario.
“I have been truly honoured to have been selected and included in a group of such accomplished female business leaders,” said Woloszyn. “This investment from the Government of Canada has helped Painted Lemur Studios diversify into the burgeoning esports sector and grow.”
In 2019 the esports market is projected to surpass $1 billion USD. This is the latest in a series of major growth milestones that have seen esports catching up with or even surpassing traditional competitors, redefining how an increasingly diverse base of players and fans engages with sport.
With the support of the Government of Canada’s Women Entrepreneurship Fund, Painted Lemur Studios has launched its esports platform out of development and into public beta. Join us at https://www.esportsrevolution.games
“Our government believes that women’s economic empowerment is not just the right thing to do; it’s good for the bottom line. That’s why we launched the Women Entrepreneurship Strategy, a plan to double the number of women-owned businesses by 2025,” said Honourable Mary Ng, Canada’s Minister of Small Business and Export Promotion.