Posts tagged Black Entrepreneurship Program

There are close to two million Blacks across Canada and for each and every one of their sake, the hope is that the Black Entrepreneurship Loan Fund does not fail or fall into disrepute. So far, it doesn’t look good. The multimillion dollar fund announced as part of the Black Entrepreneurship Program by the Trudeau government in May 2021, promised Black business owners and aspiring entrepreneurs across Canada up to $250,000 in loans from the $160 million fund. Recent reporting by the Globe and Mail, paints a bleak picture of the fund after close to a year in operation. Numbers …

Rosie Awori (LJI) The Canadian government is making good on its promise to help Black communities across the country deal with the many challenges that has kept this group marginalized for much of their history here. In announcing a little more than $25 million in program spending on February 23, the Liberal government is doling cash to support youth development in Montreal North, business organizations that work with entrepreneurs and projects to promote the empowerment of Black women and girls across Canada. A release from the government states that $1.3 million will go to neighbourhood groups in Montreal North “to …