Cassels launches Grant to Support Canadian Black-owned Small Business (Canada)

Funding Information

• Up to CA$100,000 of Grants and up to CA$100,000 of pro bono legal services from Cassels (each, the “Pro Bono Legal Services” and collectively with a Grant, each an “Award”) will be awarded to final recipients (the “Recipients”). The size and allocation of the Grants and Pro Bono Legal Services among the Recipients will be determined by Cassels in its sole discretion.

Eligibility Criteria

• To be eligible for a Grant, the applicant and their business must meet all of the following criteria:
  • Business is Black-owned (i.e., owned/controlled and operated in the majority by individuals [partners, officers, managers, directors, etc.] who self-identify as Black)
  • Maximum of 50 employees
  • Located in the City of Vancouver, City of Calgary, or City of Toronto or have significant involvement in/impact on the Vancouver, Calgary, or Toronto business community.
  • Legal and existing Canadian for-profit entity (i.e., sole proprietorship, partnership, or corporation)

Selection Process

• Eligible Applications will be reviewed by members of a committee consisting of an internal panel of members of Cassels. The finalists (“Finalists”), and ultimately the Recipients, will be selected from among all eligible applicants based on their Application and any follow up questions to the Application.
• Cassels may contact the applicant with requests for additional information (including copies of the business’s financial statements) regarding their Application. Cassels will notify Finalists by email and/or telephone during or following the Application Period. Being selected as a Finalist does not guarantee that the applicant will receive a Grant.
• After review of any additional information, Cassels will notify Finalists whether they are selected as a potential Recipient. Prior to receiving the Award, potential Recipients will be required to:
  • verify their business tax identification number and other requested tax and banking information necessary for payment of the Grant; and
  • sign and return a grant agreement, properly executed, within three (3) days of receipt of same.

For more information, visit Cassels.