Black Opportunity Fund (BOF) is a community-led registered Canadian Charitable organization, whose mandate is to help dismantle the impacts of anti-Black racism by establishing a sustainable pool of capital to fund Black led businesses and Black led not for profits and charities, in order to improve the social and economic well-being of Canada’s Black communities.
The fund will catalyze the cultural, socio-economic, institutional and political change required to enable Canada’s diverse Black communities to thrive. Black Opportunity Fund will prioritize initiatives around education, healthcare, women, criminal justice, entrepreneurship, arts & culture and youth that impact the quality of life in Black communities
Black Opportunity Fund fulfills its mandate by:
- Facilitating access to capital for Black-led businesses to drive economic empowerment through the disbursement of loans, equity investments and other funding support.
- Providing grants to Black-led not for profits and charities, who are leading initiatives that impact the quality of life in Canada’s Black communities.
Black Opportunity Fund recognizes and is committed to reduce the power imbalances inherent to funder/fundee relationships and to use an anti-oppression and intersectional lens. We use trust based participatory decision-making processes so the communities who are most impacted by our work have a say in how we carry out our mandate.
Black Opportunity Fund’s Registered charity #727678070 RR 0001