Black Business Community Investment Fund Limited

Abbreviation:

BBCIFL

Website:

Funding Amount:

Various

Geographic Area:

Nova Scotia

Summary:

The Black Business Community Investment Fund Limited (BBCIFL or the Fund) was created in 2001 to provide an investment opportunity within Nova Scotia and manage investment funds. This Fund is a pool of capital raised in the community through the sale of shares. The capital raised is invested as equity and subordinated debt in new or existing Black-owned businesses.

Ultimately, this Fund should increase the level of economic activity and prosperity within the Nova Scotia Black-owned business community

.

Program Objective:

Black-owned businesses

Investment Type:

Equity investments, Subordinated debt

Client Group:

Businesses