Black Entrepreneur Resilience: Lessons from Former BBPA President Ross Cadastre
At ACBN, we live by the principle I am because we are. It reminds us that as we uncover systemic challenges, we also uncover new opportunities.
In our recent conversation with Ross Cadastre, former President of the Black Business Professionals Association (BBPA), we explored what it truly means to build equity, resilience, and generational wealth as Black entrepreneurs in Canada. With over 40 years of history, the BBPA is one of the country’s longest-serving organizations dedicated to supporting Black businesses. Ross’s insights provide not just reflection, but a roadmap for business owners navigating today’s shifting economic landscape.
Equity and growth through the BBPA
The BBPA’s mandate is clear: no Black-owned business left behind. Through over 20 programs—including scholarships, the Harry Jerome Awards, and the Bates program—BBPA equips entrepreneurs with resources, visibility, and training to accelerate growth.
Takeaway for entrepreneurs: Access to capital matters, but so does access to training and resources. Building your foundation with the right support systems is just as important as raising money.
The rise of Black entrepreneurship
Ross highlighted a paradox: while systemic issues continue to push Black professionals out of corporate roles, this is fueling a boom in entrepreneurship. Today, fewer than 5% of Canadian entrepreneurs are Black, but that number is expected to rise significantly in the next five years.
For Ross, who left corporate Canada after experiencing anti-Black racism, entrepreneurship wasn’t just an option—it was the path to freedom and wealth creation. His story proves what many of us know in our bones: resilience is inherited.
Overcoming barriers and building for the future
Even in his own business, Ross notes that finding good talent is always a challenge, regardless of economic conditions. His message is that excellence never goes out of demand—and Black entrepreneurs must prepare themselves to meet that demand.
Looking ahead, BBPA’s goal is to expand nationally, ensuring programs and partnerships are available in every province across Canada. While he acknowledges recent funding injections, Ross is clear: “It’s great, it’s not enough, but it’s a start.”
A war, not a battle
Ross leaves us with a lesson every entrepreneur should remember: this journey is long. It’s not about winning one battle—it’s about persevering through the war.
Key reminders for entrepreneurs:
Show up consistently, even when it’s hard.
Stay focused on your long-term vision.
Take it one day at a time.
We are a resilient people. If we persevere, we will build lasting generational wealth and create the future our community deserves.
Watch the full interview with Ross Cadastre here: Watch on YouTube
