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Swish! Application closes on February 1st, 2023. Grantees announced in March
Our beloved Toronto Raptors have teamed up with LegalZoom to assist women-owned black small businesses across Ontario via the Fast Break for Small Business program.
Women-owned black small business owners can now apply to receive a $10,000 grant to support their business growth. The eligibility criteria includes the following
The entrant is a legal resident of Canada
Must be based in Ontario and currently in operation
Must have been in business for at least 6 months (since May 1st, 2022)
If in business for between 6 and 12 months, must have a business license or sole proprietorship formation document
Must have an annual revenue of more than $35,000 but less than $1 million
Must have a business bank account
The entrant is at least the age of majority of their province or territory of residence at the time of entry
The entrant must own at least 50% of their business and operate their business in Canada
The entrant must have a business that has a product or service in market and is generating revenue
The entrant must have a digital presence
Must not be in an industry that has been identified as a prohibited industry for this program
For more information on the grant and how to apply, please check out the article on the nba.com Toronto Raptors site for more information
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In the meantime, if you are looking for a place to find black-owned business in Ontario, you can subscribe to efosa and be notified when our beta launches later this year