OPINION: This country will not be able to “build back better” if we don’t tear down the barriers preventing Black Canadians from contributing to economic prosperity
By Colin Lynch – Published on Feb 25, 2021
Category: Media Coverage
We have 51 co-founders of the Black Opportunity Fund. Here’s a spotlight on Colin Lynch, who was recently appointed to the inaugural Board of Directors.
A Dec. 17 webinar — introduced by KingSett chief operating officer Anna Kennedy, moderated by REALPAC chief executive officer Michael Brooks and featuring a five-person panel — focused on the Black Opportunity Fund, the BlackNorth Initiative and actions that can be taken by companies to advance the cause.
Nadine Sparks, owner of Unity Wigs & Hair Services in Dartmouth, N.S., was just getting her business off the ground prior to the pandemic. She was gaining clientele, establishing her name in the community and things were really starting to come together.
Sparks has not been approved for any government funding during the pandemic, and her salon isn’t the only Black-owned business in that situation.
Investors across Canada are eager to learn more about the fund. Dennis Mitchell breaks it down in an interview with the Uncommon Sense Investor at Davis Rea:
We’ve heard from hundreds who attended the Black Business in Canada Town Hall on October 28th, that systemic discrimination in the banking industry, is a major hurdle faced by Black entrepreneurs when it comes to securing capital.
CBC producer, James Donne, took a closer look at this issue and acknowledged Black Opportunity Fund as one of the solutions to tackling this problem.