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The Black Opportunity Fund

The Black Opportunity Fund (BOF), a community-led charity in Toronto, Canada, has announced the launch of BOF Capital. The initiative has two primary fundraising objectives: a $100 million private equity growth fund to support Black-owned businesses and a $50 million shared equity housing fund to help Black Canadians get on the property ladder, according to a press release. “We are creating innovative and sustainable pathways to economic empowerment by directly addressing the funding and opportunity gaps that have historically limited Black Canadians and those across the diaspora from building generational wealth,”