Ottawa directs $5.6M to three Alberta groups through the Black Entrepreneurship Program, targeting training and mentorship for Black-owned startups.
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The federal government is spending $5.6 million to back Black entrepreneurs in Alberta, funneling the money through three community organizations.
The funding comes from Prairies Economic Development Canada's Black Entrepreneurship Program. The largest single grant, $2.6 million, goes to the Council for the Advancement of African Canadians, which runs the Africa Centre. The BIPOC Foundation gets $1.5 million, and the Black Canadian Women in Action Society receives the same amount.
Eleanor Olszewski, the minister responsible for PrairiesCan, said the government wants to "remove barriers to success and ensure more Black entrepreneurs have the tools, networks and opportunities they need to start, grow, and scale their businesses."
The Alberta announcement follows a similar $3.2 million injection in Manitoba last week. Both rounds target the same problem: Black-owned startups in the Prairies face systemic hurdles that limit access to capital, mentorship, and business development services.
The Africa Centre plans to use its share for a province-wide initiative aimed at reducing structural barriers. The BIPOC Foundation will expand its Founders Hub programming. BCW in Action is focusing on Black women, with a series of initiatives around business development and inclusive economic growth.
Alberta has the largest number of Black entrepreneurs in the Prairies and is home to Canada's fastest-growing tech hub. BDC data shows Black entrepreneurs remain underrepresented compared with other demographics, leaving economic output on the table. The investment is designed to close that gap as the province's startup community expands.
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