Being an entrepreneur is challenging, and Black entrepreneurs have amplified obstacles when trying to start a business due to systemic barriers. In 2023, QuickBooks released a study about Black entrepreneurs in Canada and found that 55% of Black business owners had been denied a bank loan at least once when trying to start their business.
This year, we're bringing back our resource guide for Black Entrepreneurs in Canada featuring additional resources, including funding opportunities, loans, access to mentors, and opportunities to build your network! Calgary Black Chambers Calgary Black Chambers supports young Black and BIPOC entrepreneurs in the Calgary area through their student mentorship, scholarship, and fellowship programs. Black Business Ventures Association The Black Business Ventures Association helps Black founders start and build their tech businesses through events, resources, and programming. A program they offer all year is the Mwanzo Program, which is a free 4-week, hybrid, and virtual program with ongoing enrollment that helps bring business ideas to life.
Real Ventures' Rep Matters Real Ventures is an early stage venture capital firm that supports entrepreneurs through resources and connections, guidance, and mentorship. Real Ventures created Rep Matters to inspire Black entrepreneurs and tell the stories of successful Black business owners and investors. Black Entrepreneurship Alliance (BEA) Black Entrepreneurship Alliance (BEA) is an accelerator that supports Black entrepreneurs through their different programs, such as their Product Feasibility Bootcamp, Investment Bootcamp, and more. They even offer Idea Consultations where you can register to meet with a member of their team and receive feedback on your business idea.
#black-entrepreneurs #systemic-barriers #funding-opportunities #mentorship #networking-opportunities
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