Black Business Initiative Constructing the Future Training
Constructing the Future is a program aimed at increasing the participation of working age tradespersons in the mainstream economy of Nova Scotia. It will equip existing and aspiring tradespersons from the Black community with enhanced skills, basic certifications and competencies to establish a stronger presence in Nova Scotia’s construction sector. This program offers participants hands-on work experience through eight weeks on-the-job training. Participants receive a stipend (weekly allowance) while undertaking the program. Participants build the required confidence, skills and knowledge to work in the construction sector: secure a job, start a business, or go back to trades school.
READ MOREBlack Business Initiative Financial Programs
The Black Business Initiative (BBI) promotes and assists in the development of Nova Scotia Black-owned businesses providing business development assistance. BBI provides financial assistance in the form of loans up to $25,000 and facilitates access to other financing. BBI also provides business training programs and opportunities. Ownership must be 33% black and must be a registered proprietorship, partnerships or limited company. Participants must have a viable business plan, with two year cash flow projections, the ability to repay the loan and a suitable management strategy is required. Types of loans provided include Capital Equipment Acquisition, Working Capital, or Short-term receivable financing.
READ MORE