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She-Covery for Women’s Enterprise: PARO Business Recovery Survey 2022

PARO Centre for Women’s Enterprise (PARO) provides a myriad of business supports including access to funding for women entrepreneurs living in Ontario.

Founded in 1995, PARO, best known for its renowned Peer Lending Network for Women (, is credited to be the largest in North America, supporting more than 190 Lending Circles across Ontario.  Recently, PARO completed a pandemic recovery survey in follow up to two previous surveys used to track, evaluate, and analyze the effects that the Covid-19 pandemic had on women entrepreneurs and their businesses.

As we enter the third year of the global pandemic, the results of this survey, anecdotal conversations, and formal and informal interviews with PARO clients indicate that the global challenges related to Covid-19 acutely and disproportionately affected women. In the business world, this statement rang true for women entrepreneurs as they continue to navigate staffing challenges, access and accessibility restrictions, and government support restrictions among many other ongoing challenges.

Read the rest of the report to learn more!

Awards & Achievements

2018: International Award for Women of the Decade in Community Leadership, from the Women’s Economic Forum18 in New Delhi, India.

2009: PARO receives its second Thunder Bay Chamber of Commerce Award for Business Excellence in the Not-For-Profit category.

2007: 25th Anniversary Award from the Ontario Trillium Foundation recognizing excellent leadership and delivery of innovative programs.

2005: Rosalind Lockyer, Executive Director, receives the Influential Women of Northern Ontario, Public Sector Award, Northern Ontario Business.

2005: Lori Wychopen Morin receives Employee of the Year Award Thunder Bay Chamber of Commerce 2005.

2004: PARO receives the Thunder Bay Chamber of Commerce Award for Business Excellence in the Not-For-Profit category.

2002: PARO receives the Soroptimist International Award for Eastern Canada for Advancing the Status of Women.

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Businesses Supported
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Grants from PARO Programs
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Total Grant Dollars to Clients