Happy BHM! Let’s celebrate Black-Owned Product based businesses 🙌🏾✨ [Video]

Did you know? In 2020, there were an estimated
144,980 Black-owned businesses in Canada, representing 2.4% of the total number of businesses in the country. Close to 1% of federal business innovation and growth support (BIGS) went to Black-owned businesses. This represents approximately $42 million of the total $3.8 billion in federal funding through BIGS.

Black-owned businesses that received federal support through BIGS were more likely to be owned by immigrants (56.7%) than non-Black-owned businesses that received support (22.0%).

Support comes in many forms and they aren’t all monetary, so if you can, share us with your tribes! Thanks for all your love, we truly appreciate it—more than you’ll ever know!

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#plushdolls #softtoys #sensoryplaytime #babyshowergiftideas

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Sources: Statistics Canada, Business Linkable File Environment, 2020, Business Innovation and Growth Support, 2020, Census of Population, 2001, 2006, 2016 and 2021, National Household Survey, 2011, Longitudinal Immigration Database, 2020.

https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2023052-eng.htm#