Feeling energized by the amazing impact of our partners Black Opportunity Fund!! A year of great accomplishments with many more to come🎉
Black Opportunity Fund's 2023-24 Annual Impact Video: https://lnkd.in/gV6e7Qcs We’re excited to share highlights with you of the impactful work BOF achieved in 2023-2024, working to improve socio-economic outcomes for Black communities across Canada. Discover how we've been making a difference, empowering communities, and driving positive change. Watch now to see the impact of our work and join us in our mission to improve opportunities for Black Canadians. Highlights include: • Over $3.7 million allocated to support Black entrepreneurs and Black led, serving, and focused not-for-profits and charities (B3s) across Canada. • $1 million used as collateral for loans for Black entrepreneurs declined loans by traditional banks. • 1,448 Black businesses benefited from BOF supported capacity building programs • $1,090,000 in grants given to Black community organizations leading impactful initiatives in Education, Health, Criminal Justice and Arts & Culture. • $220,000 donated to Sick Kids Hospital to fund 2 important initiatives to improve outcomes for children being treated for Sickle Cell Disease. • 244 Black entrepreneurs received non-repayable funding and subsidies to acquire permits, certifications and licenses, while enrolled in BOF supported capacity building programs. • Launched a grant & capacity building program for Black led community organizations in partnership with Black Canadian Fundraisers Collective. • Led national convenings to support policy initiatives around improving outcomes for Black people in Canada in the critical areas of Health, and Justice. • Set up the structure to launch two $50 million investment funds – one aimed at creating home ownership opportunities for Black Canadians, and the other to invest in Black led businesses. #BlackOpportunityFund #AnnualReport #WeBackBlack #Empowerment #Community