Saving FACE
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 …