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The DMZ's Black Innovation Programs set to receive $1.2 million from Ontario government

The DMZ’s Black Innovation Programs set to receive $1.2 million from Ontario government
The DMZ’s Black Innovation Programs (BIP) will receive $1.2 million from the Ontario government. These programs, which are now in their second year, are aimed at supporting Black entrepreneurs and Black-owned tech startups.
BIP offers a number of resources, including skills development workshops, sales and marketing training, mentorship, and dedicated workspaces. The government’s investment will be spread out over three years, providing $400,000 to the program each year.
“The more we see this type of government support, the closer we get to closing the equity gap in entrepreneurship.” ....

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Black founders lack access to venture capital

Black founders lack access to venture capital
toronto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from toronto.com Daily Mail and Mail on Sunday newspapers.

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'I don't want to be a unicorn': Black founders struggle to raise venture capital

Venture capitalists pour money into companies run by people in their existing networks, which are predominantly white and male ....

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'I don't want to be a unicorn': Black founders struggle to raise venture capital | iNFOnews

TORONTO - When Lola Adeyemi started a company making chickpea stews and roasted carrot soups like the ones she grew up eating in Africa, she was expecti. ....

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Toronto-based Black business leaders you should know

Bashir Khan (left), Alexandra McCalla (right). Photos are from AirMatrix’s website.
Khan and McCalla are the founders of AirMatrix, which builds the 3D network of drone roads with industry-leading millimetre precision.
Khan is a technology entrepreneur and is part of the Transport Canada working group on UTM, the RPAS Traffic Management Action Team (RTMAT), as well as Canada’s mirror committee on drone standards for the International Standards Organization. He is also a member of NASA’s working group on transformational vertical flight, specifically for public services.
McCalla is an expert in business transformation for technology. She has also worked at numerous scaling tech start-ups in Toronto and Silicon Valley, and has experience in strategy, product management, operations, and client services/sales. ....

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