REPORT RELEASE — INCLUSIVE ENTREPRENEURSHIP: ACCELERATING THE ENTREPRENEURIAL POTENTIAL OF BLACK CANADIANS
The report, Inclusive Entrepreneurship: Exploring the Barriers Facing Black Entrepreneurs in Canada, commissioned by the African Canadian Senate Group and Senator Colin Deacon and powered by Abacus Data, found that systemic barriers to growth and success face Black Canadian entrepreneurs. Of the 342 Black entrepreneurs surveyed, 76% reported that their race makes it harder to succeed as an entrepreneur. Access to capital, funding, financing, or sales was the top stated challenged for Black entrepreneurs as well, with 75% reporting that if they needed to find $10,000 to support their business, it would be difficult for them to do so.
To read more of this report's important insights, click here.