Funding woes inspire $25K pitching competition for Black entrepreneurs

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Jackee Kasandy, founder of the non-profit Black Entrepreneurs and Businesses of Canada Society, is holding a contest with a $25,000 prize for Black entrepreneurs with big ideas and small bank balances.

After immigrating to Canada from Kenya with dreams of starting her own business, entrepreneur Jackee Kasandy soon concluded that Canadian banks weren't keen on opening their vaults to folks like her.

After receiving nearly 150 entries, the society whittled the field down to five finalists, two of them based in British Columbia. The banking system, she said, doesn't value people and their ideas if they're not wealthy or don't own homes."You might have a really good idea, but if it can't get funded it goes nowhere," she said.

Judging the contest's pitches and picking the best entries was difficult, Mwariga said, "because they all have amazing ideas and we want them all to succeed, but unfortunately we can't award 25K to everybody." He said he aspired to sell nutrient-dense microgreens and other crops to local restaurants and farmers markets.

He said a "series of unexpected events" culminated in creating the app. He said he first wanted to apply it in the restaurant sector for things like nutrition information after his father had a health scare.He came up with his new idea after seeking a cannabis-based therapy for his dog when it developed arthritis.

 

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Blacks have always been FREE in Canada because skin color wasn't a thing ..until Trudeau.

Sure is a racist country if your white.

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