News & Media
Spicing Up Our Palates: Naija Jollof #fundedbyFACE Feature
Beauty Oziegbe is a Nigerian-born chef who discovered her passion for cooking at the age of six. She honed her culinary skills over the years and turned her passion into a career. Today, Beauty is an accomplished chef who creates dishes that are a blend of Nigerian and international flavors.
Can you tell us a little bit about yourself? (For e.g. Your background, what made you interested in cooking, etc.) My name is Beauty Oziegbe and I was born and raised in Nigeria. I started cooking at the age of six years old. Originally it was as…
Ladies Love Units #fundedbyFACE Feature
Can you tell us more about the story behind Ladies Love Units and how it was founded? In 2014, our lives took a significant turn when Kevin's twin sister was diagnosed with cancer. Witnessing her journey and realizing the importance of self-confidence during challenging times, we were inspired to create the perfect wig for her. Her requirements were simple yet crucial – a glue-less wig that was easy to wear, made with exceptional quality hair, and looked natural. These requirements became the guiding principles for every unit created by Ladies Love Units, even to this day. …
How Your Personal Credit History Can Impact Your Access to Commercial Capital
Introduction
In today's business landscape, it's not just your company's balance sheet or your innovative product that interests potential lenders and investors. There's a personal element that plays a crucial role in your business's financial future - your personal credit history.
Personal credit history is a record of an individual's past borrowing and repaying behaviour, including the timely payment of loans and the status of credit account balances. It can significantly influence your business’s ability to secure commercial capital, which can include bank loans, lines of credit, or even investment from venture capitalists.
Every business owner's goal is to grow…
Reflecting on African Canadian Economic Progress
As the calendar turns to August 1st, African Canadians unite to commemorate Emancipation Day, a historic milestone that marks the abolition of slavery in Canada. This day serves as a poignant reminder of the struggles endured by our ancestors and a celebration of their indomitable spirit and resilience in the face of adversity.
The Impact of Interest Rate Hike on Canadian Households
If, as an entrepreneur, you haven't been following the conversations and monitoring the rise in interest rates at least in the past year or two, you most definitely have been “sleeping at the switch.” The Bank of Canada increases the interest rate to manage inflation. The central bank raised interest rates seven times in 2022 and has hiked the rates thrice this year.
Although inflation rates have been gradually stabilizing and are now at 3.3 percent (down from a peak of 8.1 percent in June 2022), they are still higher than the central bank's target of 2%. Economic experts have been…
A Journey Unveiled: From Technician to Entrepreneurial Trailblazer
Meet Pierre Ngombe, a trailblazer who turned a simple idea into a thriving reality. A decade ago, Pierre started a journey that broke norms and built dreams. From a technician to the founder of Gnomer Technology, a precision electronics company with a proven track record of repairing, modifying, and reworking electronics PCBs to IPC standards. his story is an inspiring testament to the power of perseverance.
Growing up valuing education, Pierre mastered his skills as a technician in South Africa. But a yearning for more propelled him forward. Pierre's passion extended beyond his craft. Guiding others in the field sparked a…
Making Strides: Tiffany Callender Accepted into Forbes Business Council
Tiffany Callender has been accepted as a member of the Forbes Business Council!
The Forbes Business Council is not your run-of-the-mill networking hub; it is a nexus of extraordinary minds and as a distinguished council member, Tiffany is poised to infuse her insights into thought-provoking articles through her dedication, impact, and unwavering efforts to cultivate generational wealth for the Canadian Black community.
This journey, however, goes beyond the pages—it is about building connections and propelling change. The Forbes Business Council offers Tiffany a stage to collaborate with fellow trailblazers who are igniting innovation on a global scale. It is a…
Smart Money Moves: Loans vs. Grants – Finding Your Path to Financial Success
Starting and growing a small business in Canada can be a rewarding venture, but it often requires a significant amount of capital. Small business owners often seek financial assistance to cover startup costs, expand operations, or weather unexpected challenges. Securing the right financial support is like choosing the perfect tool for a job – you want to ensure it’s the right fit.
In business funding, there are several options; however, two prominent options often come into play: loans and grants. Each has unique advantages and considerations and making the right choice can significantly impact your entrepreneurial journey. Let's dive into this…
