The Government of Canada says black entrepreneurs play a key role in Alberta’s economy, yet many continue to face systematic barriers to capital, business networks, and opportunities to grow and scale their businesses. The government said the funding will strengthen not-for-profit organizations that provide community-based support to Black-led businesses and entrepreneurs. Organizations receiving support will be able to expand services such as mentorship, networking, financial planning and business training – helping Black entrepreneurs start, scale, and sustain successful businesses, it said.
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