RESEARCH TO SUPPORT BLACK ENTREPRENEURS For immediate release (Mississauga, ON) Jan. 19, 2020: The Afro-Caribbean Business Network (ACBN) and Sheridan’s Pilon School of Business (PSB) partner on a new research project. The research project aims to identify the needs...
Black entrepreneurs have faced unprecedented barriers in the marketplace worldwide for hundreds of years. Many Black entrepreneurs are less likely to receive venture capital funding and many lack the knowledge and expertise to navigate the marketplace.
The Afro Caribbean Business Network Foundation is excited to announce our new MicroLoan Fund to help entrepreneurs of African and Caribbean heritage get access to low interest loans. The program is currently designed to give out loans between $25,000 and $250,000.
Providing low interest loans at prime plus 1.25% for entrepreneurs of African and Caribbean descent. One of the first of its kind in Ontario, Canada, the launch of this community lending program with the support of Alterna Savings Credit Union. Provides a remarkable opportunity for Black business founders