'It really is about access': Business incubator for Black entrepreneurs to launch in Waterloo region - News Summed Up

'It really is about access': Business incubator for Black entrepreneurs to launch in Waterloo region


The Caribbean Canadian Association of Waterloo Region (CCAWR) will soon launch an incubator aimed at Black entrepreneurs, with the first cohort of aspiring business owners set to begin in early 2022. The LiftOff incubator will employ six full-time staff, along with a number of part-time coaches and mentors, and will be based out of the University of Waterloo's Velocity space in downtown Kitchener. Trevor Charles is a board member with the Caribbean-Canadian Association of Waterloo Region and a professor of biology at the University of Waterloo. (Submitted by Trevor Charles)Velocity, along with the Waterloo Region Small Business Centre, Conestoga College and the Laurier Women's Entrepreneurship Centre will help deliver the programming. The incubator has also received $2.9 million in funding from the federal government's Black Entrepreneurship Program, Charles said.


Source: CBC News August 16, 2021 12:00 UTC



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