The barriers affecting Black women in business include: Low credit worthiness, low financial literacy, and social capital deficits
The lack of gender diversity in the Canadian business ecosystem costs $150 Billion annually
The market analysis reveals the lack of educational and monetary resources available for Black-led/Black-serving women’s organizations
By participating, founders across Canada helped address the data gap issues and the lack of market information available for black-led / black-serving women’s organizations in Canada.
The FoundHers dashboard used the research data from the nationwide survey and focus groups, in conjunction with the findings of a 2019 report by Chantelle Quow-Craig, MBA, to put business education and financial literacy tools into the hands of entrepreneurs, businesses, social enterprises, non-profits and charities led by Black women.
The Team Behind the Research
The FoundHers Research team, with the support of our research partners, engaged with over 1500 Black women founders across Canada in a nationwide online survey, and conducted interviews with 500 subjects via virtual focus groups for qualitative dialogue on the Black women founder experience.
Get the information on black-led / black-serving women’s organizations in Canada.