Powerful Tech Incubator Works to Support Black Entrepreneurs

by MediaPlanet

Underrepresented communities continue to face barriers in accessing lucrative entrepreneurship opportunities created by Canada’s burgeoning technology-driven innovation sector. Black entrepreneurs in particular encounter steep challenges when starting and growing a business — from accessing seed capital to having fewer publicly-recognized role models. This is why DMZ, Ryerson University’s business incubator, joined forces with a community of founding partners — including Dream Maker Ventures, Shopify, BMO, and the Canadian Women’s Foundation— to develop the Black Innovation Fellowship (BIF) in 2019. The first-in-Canada fellowship program provides tech startups led by Black entrepreneurs with the support of a top university-based incubator network, plus additional programming, mentorship, events, and connections to industry, capital, and an alumni network.

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