The four main components of the BBI are:
- Strategic Planning for Communities
- Operating the Black Business Center
- Regional Business Development
- A Loan Fund
Fulfilling its commitment means the BBI supports its clients in the following ways:
- Providing support in setting up a business structure.
- Providing financial assistance by partnering with our Loan and Development Funds, and by assisting in accessing other funding sources.
- Assisting in the development of a business plan, marketing plan, and/or advertising plan.
- Assisting with business research.
- Providing training opportunities, consulting, mentoring and aftercare.
BBI supports the development of business and job opportunities for Black Nova Scotians through four primary activities:
- Training, mentoring and counseling – the BBI has a dedicated training department where various business courses are offered. The training department also facilitates a mentorship program and counseling activities.
- Communication activities – the BBI is proactive in its communication strategy. The BBI produces a quarterly magazine entitled Black to Business, as well as an annual business community resource directory and annual report along with several brochures. The BBI also maintains a rich versatile website that is updated regularly. The magazines, directory and annual reports are available in the Publications section.
- Loan and equity lending – the BBI has a repayable loan program accessible to all BBI clients that meet the lending criteria. The BBI also manages a community investment fund.
- Strategic Initiatives – some of the strategic initiatives conducted by the BBI include trade missions, roundtables, bi-annual business summits, and a very successful youth program called Business is Jammin’ (BIJ).
The BBI head office is located within the Centennial Building at 1201-1660 Hollis Street Halifax, Nova Scotia B3J 1V7.
For more information on the BBI, please contact us.