Advocates make pitch to province for investment in Alberta's Black entrepreneurs

Damilare Odumosu remembers the challenges of harvesting palm tree fruit as a kid on his family farm in Lagos, Nigeria.

Two decades on, those pain points are the seeds of Odumosu'slatest start-up.

CropMind is an Alberta and New Brunswick-basedagri-tech company that automates manual processes for orchards with a growing clientele across North America.

The enterpriseexpanded with support from a federally funded program designed by the Edmonton-based Black Business Ventures Association.

"BBVA is able to help BIPOC founders like myself leverage resources to be able to navigate the cultural barriers in meeting Canadian and North American customers," said Odumosu, who started the business when he was a master's student in Fredericton, N.B., but nowlives in Calgary.

It's what the federal government had in mind when it launched theBlack Entrepreneur Programin May 2021. Partneringwith Black-led business organizations and financial institutions, the program invested $265 million across Canada.

Funding has endedfor most of the Alberta organizations or will do so in the next few months.

The Black Business Ventures Associationis among six Alberta-based organizations thatformed the Alberta Black Entrepreneurial Ecosystem Alliance. Together they received about $15.5 million under the Black Entrepreneur Program to get Black-owned businesses off the ground.

A spokesperson for Rechie Valdez, the federal minister of small business, said Valdez is looking at how Ottawa can continue to support Black-owned small businesses.

In the meantime, the ecosystem alliance is urging the provincial government to provide new fundingto continue its work.

The alliance says it has a blueprint for success which has producedhundredsof new, diverse startups while many existing businesses have also seen significant growth, in a range of sectors including tech, energy, agriculture, finance, real estate, immigration and health care.

Businesses have accessed tens of millions of dollars in equity capital and loans, while Alberta has seenan expansion ininternational trade with the United States and African and Caribbean countries, the alliance says.

The initiativeis designed to helpentrepreneurs sharpen their business acumen in a range of areas includingcreating business solutions, accessing resources and credit, networking, practising pitches, growing customer basesand coaching.

It hasinadvertently opened up a new financial market with major banks offeringspecific capital business lines to support Black entrepreneurs, said Samuel Juru,executive director of the Africa Centre, an Edmonton-based non-profit organization that also works in Calgary and Winnipeg.

We think that it's time that the province has skin in the game.- Samuel Juru

"We think that this [framework]has resonance with the current Alberta government's core mandate around economic development, the diversification of our economy, trade and jobs," Juru said.

"It's great that the federal government has provided the resources to catalyze this initiative and we think that it's time that the province has skin in the game."

Data in hand, the alliance which also includes the African Canadian Civic Engagement Council,Black Canadian Women in Action, Canadian Imperial Advantage and BIPOC Foundation made its business pitch on Feb. 15 to Premier Danielle Smith.

In a post on X following the meeting, Smith said she was "truly impressed with the drive of this organization helping build businesses across our province."

Asked by Diversity Magazineif the alliance'sframework would see provincial funding, Smith suggested the groups apply for Alberta's Ethnocultural Grant Program, which provides funding of up to$50,000.

"It creates opportunities to celebrate diversity or opportunities for intercultural connections," Smith told reporters in early March.

In an emailed response to CBC, Smith'spress secretary Sam Blackett didn't say whether the province intends to fundABEEA'sprograms. Blackettlisted arange of non-Black specific supports availablefor small businessesand entrepreneurs in Alberta, such asBizConnect.

Juru said the $50,000 grant is roughly the amount needed to launch a single small or mid-level business.

"We need to move into seriousfunding pools that look at what the funding for entrepreneurs looks like, to be able to do what they need to do," he said.

Black population soaring in Alberta

Juru saiddecision-makers shouldview the allocation of funding through a different lens, as Canada is welcoming nearly half a million newcomers each year, largely to address skilled labour shortages.

"These are highly educated, entrepreneurial, highly skilled migrants, which the country needs," he said.

Alberta has the third largest Black population of any province, behind only Ontario and Quebec.

Statistics Canada says Alberta's Black population almost quadrupled between 2006 and 2021, from 46,965 to 177,940. As of 2021, 64 per cent of Black people in Alberta were first-generation newcomers.

Dipo Alli, who oversees the seed tech accelerator program as executive director of the Black Business Ventures Association, said newcomers may not have the collateral or networks that startups need.

Specific Black business programs are essential to remedy that, Alli said.

"These are Canadians who want to contribute to our economy," he said.

"That's what we're trying to do here: take advantage of under-capitalized, underutilized, underrepresented, under-invested, underemployed people and have them contribute their paths to grow Canada."

Dunia Nur, president and CEO of the civic engagement council, said the six organizations have developed a framework "that promotes the creation and expansion of Black businesses, aligning with the government of Alberta's goals for economic growth and diversification."

She said it makes economic sense for the province to step up with new policy and resources given Alberta's rapidly growing Black population.

Entrepreneurship grads

On Feb. 24, in front of a crowd that included provincial politicians of all stripes, a fourth cohort of Black entrepreneurs accepted diplomas on stage at Edmonton's Metro Cinema.

The grads had completed the 25-week ANZA Entrepreneurship Ecosystem program from the African Canadian Civic Engagement Council.

The program is highlighted in a new documentary called Chasing Ubuntu.The film shows how marginalized Black youth are rising above racism, the criminalization of poverty, pre-migration trauma and the legacy of slavery and colonialism to fulfil their entrepreneurial dreams.

One of those dreams belongs to Ahmed Dubow, CEO of clothing brand Friends You Know, that includes an embroidered thobe, or long shirt, in Lake Louise Blue.

"We were able to take this idea and make it into a reality thanks to @startupedmonton @Anza," Dubow wrote on Instagram in March.

"The only way we can thank them for this fantastic opportunity is by working extremely hard to be successful."

For more stories about the experiences of Black Canadians from anti-Black racism to success stories within the Black community check outBeing Black in Canada, a CBC project Black Canadians can be proud of.You can read more stories here.