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MNP Entrepreneurial Training Courses

MNP, one of Canada's largest national accounting, consulting and tax firms, has agreed to provide services that will include a pro bono element, as well as business training services, exclusively to any businesses who are granted access to the Black Entrepreneurship Loan Fund administered by FACE.

Here are some of the courses that will be available.

Business Planning:

This workshop is designed to examine the essential components of a well-written business plan and provides clients with a clear and simple method of developing an operational guide for their businesses. Clients are provided with both an electronic and hard copy of MNP’s 26- page business plan template to work through. Sample business plans and additional writing resources are available in MNP’s resource library. The functional sections of the business plan are revisited in subsequent workshops and are designed to feedback into the template for the plan.

Cashflow Management:

A large percentage of business failures are not attributed to a poor business concept but to a lack of proper cash flow management. This course provides clients with basic tools to help them properly manage their cash flow and incorporates a case study exercise to guide them through the steps of developing a cash flow statement.

Taxation:

This course provides clients with an overview of corporate and personal taxation. It begins with basic reporting requirements, the basis for taxation and initial tax planning issues, and progresses to issues such as year-end determination, shareholder/owner remuneration, expense deductibility and basic tax planning strategies. Clients will also learn about small business tax saving options.

For more details on these courses, please contact info@facecoalition.com

Business Support Tools

FACE will provide entrepreneurs with tools to better prepare in order to not only be ready for our loan application, but to increase the knowledge around what it takes to be a successful entrepreneur. Click here for more information.

Business Plan Template
FACE webinar hosted by BDC on how to develop a business plan
BDC's Financial statement template Quiz: Are you ready to apply for a business loan?
Business Loan Calculator
Training module: How to start a business

Ecosystem Community Partners

The Ecosystem Community partners listed have been selected to help strengthen the entrepreneurship ecosystem for Black entrepreneurs and business owners across Canada. These organizations are developing new services and expanding those they already offer such as mentorship, networking, financial planning, and business training for Black Canadian entrepreneurs.

Copyright © 2023 by Federation of African Canadian Economics. All rights reserved.

Rob G.C. Sobey

Board Member

Rob G.C. Sobey is a corporate director. Mr. Sobey was the President & Chief Executive Officer of Lawton’s Drug Stores Limited from 2006 until his retirement in 2014 after 25 years with Sobeys. He serves as a director of SeaFort Capital and the Institute of Corporate Directors. Mr. Sobey is Chair of the Sobey Art Foundation, a member of the Queen’s Smith School of Business Advisory Board and serves on several foundation and not-for-profit boards. For his work as an Honorary Colonel of the Canadian Army, Mr. Sobey received a Queen Elizabeth II Diamond Jubilee Medal. He holds an undergraduate from Queen’s University, a Master of Business Administration from Babson College, and the ICD.D designation.

Denburk Reid

Board Member

Denburk Reid is the founder of Montreal Community Care Foundation (MCCF). Its mission is to empower youth by developing their leadership skills by using programs, workshops, and events, and by building bridges between communities. As the founder of MCCF, he beliefs that the youth hold the key to Montreal’s future and over the past eight (8) years, its programs have helped hundreds of Montreal youth stay on track, perform community services as well as set and achieve academic and life goals. The organization seeks to empower youth to become engaged citizens and leaders in their homes, schools, and communities. For the past five (5) years, MCCF celebrates and promotes community engagement across Montreal through the Montreal Community Cares Awards.

Along with his role as the founder of MCCF, Mr. Reid is the Founder of Red Rush Basketball & Red Rush Basketball Leadership. He has a passion for empowering youth and meeting them where they are lends to a successful outcome.

Abdikhier Ahmed​

Board Member

Mr. Ahmed is a recognized community leader in the non-profit sector with specializations in immigration and refugee resettlement, poverty reduction, and community empowerment. A dynamic, highly motivated individual with extensive experience in program development and delivery, providing strategic visioning and leadership. Over 10 years’ experience managing programs for non-profit organizations and working with communities and people from diverse socio-economic and cultural backgrounds both locally as well as internationally. Fluently multi-lingual: speaks and writes English, Swahili, Somali and basic Arabic. This experience help guide Mr. Ahmed when he was in the role of Director of Policy at the Office of Canada’s Minister of Families, Children and Social Development.

Mr. Ahmed is currently the Executive Director of Aurora Family Therapy Centre. Aurora is a progressive, non-profit family therapy centre that offers family therapy on a sliding scale; sees clients through services funded by Manitoba Department of Families and Department of Justice; provides community building groups for Newcomers to Canada; hosts a Psycho-Social Settlement Needs Assessment program for incoming refugees; provides summer youth programming for many newcomer communities; supports its own staff and other agencies through vicarious trauma and resilience programming; develops supportive relationships with community partners, and engages in advocacy for accessible community-based therapy services for all. Aurora is in the process of becoming a Centre of Excellence in providing cross cultural therapy from a systemic lens with a special focus on psychological trauma & recovery and community development.