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BKR Capital: Black Innovation Fund II

  • communications64903
  • Jul 30, 2024
  • 1 min read

Updated: Aug 7, 2024

Canada’s first Black-led venture capital firm


BKR Capital

BKR Capital (BKR) invests in promising Black-owned enterprises in the technology space. In response to both the historic underfunding of Black-owned enterprises in Canada and ongoing barriers to equitable financing, BKR emphasizes making early investments in promising founders and companies and improving access to private capital for Black-led enterprises.


Through the Black Innovation Fund II, BKR is working to cultivate a pipeline of opportunities addressing pressing issues such as sustainable living solutions, improving quality of life and health, and inclusive technology, in line with BKR’s focus on creating a more inclusive and accessible world. For Boann, investing in BKR is an extension of our mission to foster equitable access to financing, invest in solutions that cultivate a bright future for underserved communities, and build an impact investing marketplace that brings in all social finance players with a role to play in advancing positive outcomes for people and the planet.  

 



 
 
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Boann is one of three wholesalers appointed through a competitive, merit-based process by the Government of Canada to invest a portion of the $755M Social Finance Fund (SFF), an initiative that seeks to accelerate the growth of Canada’s social finance market. The SFF supports charities, non-profits, social enterprises, co-operatives and other social purpose organizations (SPOs) in accessing flexible financing opportunities. Greater access to social finance through the SFF will help them grow, innovate, and enhance their social and environmental impacts.

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Toronto
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Vancouver
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