• 17 Aug 2021 8:56 PM | Nerissa Allen (Administrator)

    PRESS RELEASE

    The Federal Government invests $2.7 Million in Black Business Association of BC.

    The Black Business Association of BC is announced as a recipient of the Black Entrepreneurship Program’s National Ecosystem Fund.

    VANCOUVER, August 16, 2021 – The Black Business Association of BC, a non-profit organization supporting entrepreneurs and small businesses through education, mentorship, and leadership development, receives $2.7 million in funding to deliver direct support and services to Black owned businesses in BC.

    Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, was joined by Greg Fergus, Parliamentary Secretary to the Prime Minister, to the President of the Treasury Board and to the Minister of Digital Government and Chair of the Parliamentary Black Caucus, Marci Ien, Member of Parliament for Toronto Centre, Dr. Hedy Fry, Member of Parliament for Vancouver Centre, and Sukh Dhaliwal, Member of Parliament for Surrey–Newton, to announce that the first round of organizations have been selected for the Black Entrepreneurship Program's National Ecosystem Fund.  

    Minister Ng announced that more than $2.7 million in Ecosystem funding has been allocated to the Black Business Association of BC to create and deliver a portfolio of business services for Black entrepreneurs, including programs for start-up, scale-up, market expansion and youth businesses. The funding will also enable the association to expand its online learning platform, create an incubator program, and open a physical business centre with skilled professional staff and contractors to support Black entrepreneurs.

    The Ecosystem Fund is the backbone of the Black Entrepreneurship Loan Fund. These two programs will work hand in hand to provide the Black business community with access to capital and wrap around services to ensure their journey from ideation to launch and beyond, is fully supported.

    After many months of planning, during which the government allowed the Black community leaders to develop strategies that would be impactful and meet the needs of the Black business community, we have been able to design programs that will directly support Black entrepreneurs through:

    • ·         skills development,
    • ·         supporting business plan writing
    • ·         creating avenues to increase domestic and international market access
    • ·         safe spaces for networking
    • ·         supporting mental health for business owners and their staff
    • ·         mentorship
    • ·         driving youth engagement and interest in entrepreneurship

    An economy is only as strong as the small businesses that work every day to bring their communities food, clothing, technology, services, and more. Businesses have had many challenges over the last 17 months. Now is the time to step up to ensure we support the sustainability of existing businesses. We must also celebrate small business and keep that flame alive for the next generation of entrepreneurs.

    In the Black community, business and culture are often intertwined. Investing in a small business, is investing in a local family, who is investing in their community and supporting the economic stability of our economy. This is an opportunity for us to amplify the beauty of diversity. “I often say, knowledge supports understanding, understanding fosters empathy, and empathy is the foundation of an inclusive culture, that is even more relevant today as we work to build back better”, said Nerissa Allen, President of BBABC.

    About the Black Business Association of BC

    Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses. Programs designed to engage and inspire new interest in entrepreneurship. With unemployment at an all-time high, giving people the tools to create and run a thriving business will not only uplift people and families individually, but also the community, and the Canadian economy as a whole.

    Website: www.blackbusinessbc.ca

    IG: @blackbusinessvancouver

    Facebook: @blackbusinessbc

    Email: info@blackbusinessbc.ca


  • 15 Jun 2021 8:47 AM | Nerissa Allen (Administrator)

    PRESS RELEASE

    Black Business Association of BC (BBABC) launches Marketplace at Bentall Centre as BC transitions into phase 2 of the restart plan.

    The Black Business Association of BC implores support for local business.

    VANCOUVER, June 15, 2021 – Black Business Association of BC, a non-profit organization supporting entrepreneurs and small businesses through education, mentorship, and leadership development, launches their inaugural Marketplace at Bentall Centre in downtown Vancouver.

    We are excited to share that we officially opened the doors to our inaugural Marketplace Pop-up featuring five Black owned businesses over the next nine weeks.

    Jun 14th -18th: Hogan’s Alley Clothing

    Jun 21st - Jul 2nd: Organic Skin Therapies

    Jul 5th - 16th: West African Fashion

    Jul 19th - 30th: Kate and Frances Design

    Aug 3rd - 13th: Grey Hearts Denim

    LOCATION: 595 Burrard Street, Vancouver - Retail concourse of Bentall Centre between Canada Post and Purdy's (Burrard Skytrain Station)

    Our Pop-up shop marketplace runs June 14 – August 13, 2021. We have teamed up with Bentall Centre co-owner and operator Hudson Pacific Properties to launch this amazing initiative to support local Black owned businesses as we enter Phase 2 of BC’s restart plan. This initiative:

    • ·         Provides businesses a space to showcase & sell their products, increasing their market access.
    • ·         Exposing the public at large to the products offered by the Black community that they may not have previously been aware of, promoting inclusiveness through awareness of diversity in culture and business.
    • ·         Supporting the revitalization of the Vancouver downtown core as we enter phase 2 of the BC restart plan.

    We are thrilled to partner with and support the Black Business Association of BC with this pop-up series,” said Chuck We, Senior Vice President of Western Canada for Hudson Pacific. “This is a great opportunity to offer Bentall Centre tenants and visitors access to diverse retail offerings while increasing exposure for these talented entrepreneurs.”

    At the Black Business association of BC, we have been concentrating our efforts on strategies aimed at increasing market access while supporting an inclusive community through awareness. Knowledge supports understanding, understanding supports empathy, and empathy drives an inclusive culture. This collaboration with Hudson Pacific Properties will help to support economic recovery for small businesses, within our community” said Nerissa Allen, President of BBABC.

    About the Black Business Association of BC

    Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses. Programs designed to engage and inspire new interest in entrepreneurship. With unemployment at an all-time high, giving people the tools to create and run a thriving business will not only uplift people and families individually, but also the community, and the Canadian economy.

    Website: www.blackbusinessbc.ca

    IG: @blackbusinessvancouver

    Facebook: @blackbusinessbc

    Email: info@blackbusinessbc.ca


  • 20 Apr 2021 2:44 PM | Nerissa Allen (Administrator)

    PRESS RELEASE

    Black Business Association of BC (BBABC) sounds off on the Federal and BC Provincial Budget impacts to Black business.

    The Black Business Association of BC asks, “Are we getting what we needed?”

    VANCOUVER, Apr 20, 2021– Black Business Association of BC, a non-profit organization supporting entrepreneurs and small businesses through education, mentorship, and leadership development, sounds off on the recently announced proposed Federal and BC Provincial 2021 Budgets.

    Over the last two days, we had an opportunity to compare the proposed budgets of the Federal government and that of the Province of BC. We think it is important to recognize, the clear funding that has been ear marked for the Black business community under the proposed Federal budget, including:

    • An additional $51.7 million over four years, starting in 2021-22, to Innovation, Science and Economic Development Canada and the regional development agencies for the Black Entrepreneurship Program.
    • $87.4 million over five years starting in 2021-22, and $18.6 million ongoing to modernize federal procurement and create opportunities for specific communities by diversifying the federal supplier base. Specifically, implementing a program focused on procuring from Black-owned businesses.
    • $200 million in 2021-22 to Employment and Social Development Canada to establish a new Black-led Philanthropic Endowment Fund and $100 million in 2021-22 to the Supporting Black Canadian Communities Initiative.

    In contrast, we unfortunately are not seeing that same clarity identified in the proposed 2021 BC Provincial budget. We would have loved to have seen funding ear marked to:

    • New specific funding allocated for BIPOC businesses under the $195 million for small and medium business recovery grant.
    • Specific funding ear marked to non-profit BIPOC associations whose mandate is to support community and economic development.
    • Specific funding ear marked for mental health to support businesses, including owners and their staff.

    Welcomed supports from the proposed BC Provincial budget:

    1. $195 million for small and medium business recovery grant. Obviously, that will make a huge impact on supporting businesses as we transition out of the pandemic.
    2. $120 million for tourism and art sector. These sectors are in crisis right now, and funding dedicated to their recovery we think goes without saying, is a must. Whether this amount will be sufficient is left to be seen.
    3. $10 million to Support Farmers and Agricultural sector. This aligns with our vision of the path forward.

    At the Black Business association of BC, we have been concentrating our efforts on strategies aimed at increasing market access and bolstering supplier chain diversity.  These are pathways that can support strong economic recovery for businesses, particularly within the Black and BIPOC business community” said Nerissa Allen, President of BBABC.

    About the Black Business Association of BC

    Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses. Programs designed to engage and inspire new interest in entrepreneurship. With unemployment at an all-time high, giving people the tools to create and run a thriving business will not only uplift people and families individually, but also the community, and the Canadian economy.

    Website: www.blackbusinessbc.ca

    IG: @blackbusinessvancouver

    Facebook: @blackbusinessbc

    Email: info@blackbusinessbc.ca


  • 17 Feb 2021 8:20 AM | Nerissa Allen (Administrator)

    PRESS RELEASE

    Black Business Association of BC (BBABC) and Small Business BC (SBBC) partner to build a resource hub and highlight Black owned businesses.

    The Black Business Association of BC and Small Business BC partner to create a resource hub for the Black business community and highlight Black owned businesses in British Columbia.

    VANCOUVER, Feb 17, 2021– Black Business Association of BC, a non-profit organization supporting entrepreneurs and small businesses through education, mentorship, and leadership development, announced today their partnership with Small Business BC.

    Today we are proud to partner with Small Business BC to create a hub where Black entrepreneurs can find and access resources specific to the community. These resources range from business services to opportunities for grants and loans. In addition, we have created a space to highlight and share the stories of some wonderful Black owned businesses in BC.

    Small Business BC’s strategic mandate is to support British Columbia’s entrepreneurs to start and grow successful and resilient businesses through educational services, professional resources and engaging community events in an open, accessible, inclusive and equitable environment where every individual and business in BC has the opportunity to flourish,” said Tom Conway, CEO of SBBC. “It is a privilege to work with the Black Business Association of BC on this joint venture.”

    This initiative is another partnership the BBABC has worked on in support of building and supporting the Black business community in Canada. This partnership is complimentary to various initiatives underway at the Black Business Association of BC which includes collaborations with the Business Development Bank of Canada (BDC) and the Women’s Enterprise Centre (WEC).

    About the Black Business Association of BC

    Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses. Programs designed to engage and inspire new interest in entrepreneurship. With unemployment at an all-time high, giving people the tools to create and run a thriving business will not only uplift people and families individually, but also the community, and the Canadian economy.

    Website: www.blackbusinessbc.ca

    IG: @blackbusinessvancouver

    Facebook: @blackbusinessbc

    Email: info@blackbusinessbc.ca

  • 29 Jan 2021 8:58 AM | Nerissa Allen (Administrator)

    PRESS RELEASE

    Black Business Association of BC (BBABC) teams up with Amazon Canada

    BIPOC businesses have been disproportionately hit hard by COVID-19, the BBABC opens market access through its business support service with Amazon Canada.

    VANCOUVER, Jan 29, 2021 – The Black Business Association of BC, a non-profit organization supporting entrepreneurs and small businesses through education, mentorship, and leadership development, announced today their multi-tiered collaboration with Amazon Canada. Many entrepreneurs and small businesses have been negatively impacted by COVID-19 and are looking for ways to stay afloat. Whether it is through pivoting an existing business or starting a new business, new strategies and supports are needed. Through 2021 the Black Business Association of BC will be working with Amazon Canada to support the start-up and scale up of Black owned businesses on Amazon.ca, which will include guidance and expertise on how best to use Amazon to grow their businesses This will include, among other things, individualized business support for each company and a live “how to” webinar.

    This announcement comes on the heels of the roll out of the Government of Canada Black Entrepreneurship Program, through which Black entrepreneurs and small businesses will have access to loans of up to $250,000.

    We are excited to announce that we have already referred 9 prospective entrepreneurs and small business owners to this Amazon Canada Collaboration in the first week.

    This initiative is one part in an ever-evolving crisis and is designed to bring resiliency into a concerned business community. This collaboration is complimentary to various initiatives underway at the Black Business Association of BC including our Women in Leadership program, our Financial Literacy Workshops with the Business Development Bank of Canada (BDC) and Women’s Enterprise Centre (WEC).

    About the Black Business Association of BC

    Co-Founded by Nerissa Allen and Clavia Alleyne, the BBABC provides tangible operational support to Black entrepreneurs and small businesses in Canada. Programs designed to engage and inspire new interest in entrepreneurship. With unemployment at an all-time high, giving people the tools to create and run a thriving business will not only uplift people and families individually, but also the community, and the Canadian economy.

    Website: www.blackbusinessbc.ca

    Instagram: @blackbusinessvancouver

    Facebook: @blackbusinessbc

    Email: info@blackbusinessbc.ca



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