by the DMZ, Tech Accelerator
July 24, 2020
TORONTO, July 24, 2020 – Dedicated to supporting Black entrepreneurs in Toronto’s tech-driven innovation sector, Mayor John Tory and Deputy Mayor Michael Thompson announced today that the City of Toronto is partnering with the DMZ at Ryerson University on its Black Innovation Fellowship (BIF) and committing $250,000 towards the expansion of the program. The donation, which will contribute $50,000 to BIF per year over the next five years, comes from the City’s Business Incubation Program and is the latest in a string of announcements of other major Canadian leaders joining to support BIF. Through these donations, together with Ryerson’s commitment to match new major donations up to $500K, DMZ draws closer to achieving its $1M fundraising goal.