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Jerome “JYD” Williams joins a Network of Untapped Entrepreneurs committing $5 million for Canadian Black entrepreneurs

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Photo Credit: Yahoo Sports

BY SIMONE J. SMITH

“$5 million dollars; what is this about?” I briefly read through the press release, and immediately jumped on my computer. This was huge!

The best part of this pandemic is that there has been an overwhelming emergence of programs that have been made available for our community. It is important that during this time, we all figure out a way to pivot through it all. Gas prices, food prices, living prices, mortgages, it is all getting to be too much, but I would like to introduce a group of individuals who are willing to help those of us, who are willing to help ourselves.

At the end of 2021, former Toronto Raptor and founder of Alumni Pro Global Sports, Jerome “JYD” Williams, the Network of Untapped Entrepreneurs (NUE), and the Black Entrepreneurship Through Acquisition Incubator (BETA-i) have partnered and committed $5 million in funding for BETA-i’s Canadian entrepreneurship-in-residence program. This unbelievable announcement kicks off a five-year joint venture with BETA-i and NUE. Let me tell you all about them.

Network of Untapped Entrepreneurs (NUE) is an impact investment initiative focused on closing economic wealth gaps by supporting BIPOC entrepreneurs. Their mission is to invest in and grow the network of untapped BIPOC entrepreneurs as well as support the growth of BIPOC-owned businesses. In addition to private investors, NUE is supported by Alumni Pro Global Sports (APGS). APGS advisors and investors include NBA Hall of Famers Julius “Dr. J” Erving, George Gervin, Spencer Haywood, Allen Iverson, Dikembe Mutombo, and Mitch Richmond, and NFL Hall of Famer Ray Lewis.

“BIPOC entrepreneurs continue to be impacted by systemic barriers that impede their opportunities for success and are difficult to navigate alone. BETA-i aims to level the playing field by mitigating entrepreneurship risks and providing business owners with the tools, knowledge and access to services to support their opportunities for success.” Joe Halstead (Board Chair at BETA-i)

Founded in 2020, BETA-i is the first Black-focused incubator in the world and the first Canadian, non-profit organization to use the Entrepreneurship Through Acquisition (ETA) model and adapt it to meet the needs of BIPOC entrepreneurs. Headquartered in Toronto, the organization’ entrepreneurship-in-residence program equips aspiring business owners with the tools to: locate, acquire, manage and grow a privately held company.

“We will help BETA-i’s Black and IPOC entrepreneurs navigate the legal and regulatory challenges they face and offer training and mentorship. Our contribution is one small way our firm can work to remove the barriers that disproportionately affect BIPOC entrepreneurs.” Paul Davis (Partner with McMillan LLP)

BETA-i have partnered with McMillan LLP, a leading business law firm serving public, private and not-for-profit clients globally, and the Business Development Bank of Canada a financial institution devoted to supporting Canadian entrepreneurs. In even more incredible news, McMillan LLP and Business Development Bank of Canada joined the Canadian Aboriginal and Minority Supplier Council (CAMSC), and the National Aboriginal Capital Corporations Association (NACCA) organizations who continue to be important and valued partners of Beta-i.

I had an opportunity to catch up with Wayne Isaacs, and the Junkyard Dog himself Jerome Williams. As important components of this initiative, they shared with me why this program is not only imperative, but also game changing.

“As an Investment Banker on Bay Street, and a serial entrepreneur, I have spent many hours in boardrooms,” Wayne tells me, “And very rarely do I see someone across the table that looks like me. I want this to change. There is an inordinate amount of talent that does not get leveraged; young people who have no idea that these opportunities exist. It is part of my purpose to get them the help they need.

What this program does is help entrepreneurs acquire and operate a business. We are not an incubator to start new businesses. We want the entrepreneurs involved in the program to learn to evaluate a business, and then take that business to the next level. Two entrepreneurs have signed on, and are closing business in 2022. Have to admit, it is impressive to see the progression.”

During his time in the NBA, Jerome Williams was observant of everything that was happening around him. He noticed a pattern that didn’t sit well with him.

“There were very few Black people in organizations involved in this sphere. Yes, of course there were the players, but there are so many opportunities that you notice unfilled by people of colour. In my mind I was like, these opportunities could be turned into a business. While inroads have been made in the last year to foster a more inclusive environment for business and entrepreneurship, there is more work to be done in addressing the systemic barriers that disproportionately affect Black business owners.”

Jerome shares with me another pattern he has witnessed. “Black entrepreneurs are not able to get business loans. We, as a community, have to provide financial opportunities for our young Black entrepreneurs. They are an untapped source of entrepreneurial potential.

I am proud to be an ambassador for BETA-I; they are creating a foundation for future generations of BIPOC entrepreneurs to thrive and I am happy to do my part to support Canadian business owners in fulfilling their dreams.”

I am happy to announce that NUE will bring the BETA-i program to BIPOC entrepreneurs in the United States. Very impressive work, and it goes to show that when you are able to constructively collaborate, everything is possible.

We, as humans are guaranteed certain things in life: stressors, taxes, bills and death are the first thoughts that pop to mind. It is not uncommon that many people find a hard time dealing with these daily life stressors, and at times will find themselves losing control over their lives. Simone Jennifer Smith’s great passion is using the gifts that have been given to her, to help educate her clients on how to live meaningful lives. The Hear to Help Team consists of powerfully motivated individuals, who like Simone, see that there is a need in this world; a need for real connection. As the founder and Director of Hear 2 Help, Simone leads a team that goes out into the community day to day, servicing families with their educational, legal and mental health needs.Her dedication shows in her Toronto Caribbean newspaper articles, and in her role as a host on the TCN TV Network.

Community News

Canada passes new law to address wrongful convictions

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BY SIMONE J. SMITH

The work of Innocence Canada, formerly known as the Association in Defence of the Wrongly Convicted (AIDWYC) has made a significant difference on the Canadian legal scene. According to the website: www.innocencecanada.com the organization was launched in February 1993 as an extension of the Justice for Guy Morin Committee, which was established in 1993 after he was wrongfully convicted. AIDWYC received widespread media attention due to the work of Rubin “Hurricane” Carter who served as its founding Executive Director for over ten years. Carter served nineteen years for a wrongful conviction in a New Jersey prison and was subsequently released.

It was in October 2016 that AIDWYC rebranded as Innocence Canada with a new logo adorn with tally marks to coincide with each exoneration. In a press release issued by Innocence Canada on Thursday, December 12th, 2024, details were announced regarding the passage of Bill C-40. It is titled, “The Miscarriage of Justice Act “and is also known as “David and Joyce Milgaard’s Law.”

The press release notes, “It makes drastic changes to the Criminal Code and creates a new tribunal or commission to address all claims of wrongful conviction. It eliminates our present Ministerial Review process that has for more than 100 years been the only resort for the wrongly convicted.”

In the press release, David’s sister, Susan Milgaard states, “My mother and my brother will be looking down on us and celebrating this new law. I am very grateful it is named after them. They did so much to get this law passed, because they were dedicated to the cause of all the innocent people in prison who had no good place to seek justice. Now they will have a place to go.”

James Lockyear of Innocence Canada states, “Today is a great day for all those wrongfully convicted. Innocence Canada has been advocating for this law for more than 30 years. It will bring Canada in line with other countries that already have a similar commission and be a change for the wrongly convicted and the Canadian criminal justice system.”

It was in 2009 that David Milgaard was wrongfully convicted of the murder in the rape and death of Gail Miller. She was a nursing student at the time. Miller spent 23 years in prison as a sentence. However, in 1992 he was freed and found innocent. Since then, Milgard has actively engaged in advocacy for those who are wrongfully convicted and has worked hard for the establishment of an independent to review cases of wrongful convictions.

The fact that David and his mother, Joyce Milgaard are both deceased and not present to celebrate this day is unfortunate. Milgaard’s sister, Susan states, “It didn’t take a village, it took a country to achieve what we have and thank God for Canada because we’ve done it.”

An independent commission will be established to review potential wrongful convictions rather than the Minister of Justice. Arif Virani, Minister of Justice and Attorney General of Canada states, “It is Important that this legislation includes money, personnel, and legal aid funding.”

Ron Dalton of Innocence Canada states, “We’re currently working on 130 cases in our office, and we only have the resources to look at homicide cases.”

A press release was issued on Wednesday, December 18th, by the Department of Justice Canada to highlight the fact that the David and Joyce Milgaard’s Law received royal assent. Innocence Canada states, “All of us at Innocence Canada are delighted by the passage of David and Joyce Melgaard’s Law, which creates a new and independent body of experts to address future claims of wrongful conviction. Justice Minister Arid Virani and his predecessor, David Lametti, deserve great credit for this ground-breaking legislation which will make for an enormous improvement to our criminal justice system.”

The press release outlines some of the purposes of the new independent commission. It notes that it will not be an alternative to the courts. In general, applicants will first need to exhaust their rights of appeal before requesting a miscarriage of justice review by the commission. Furthermore, it “will not decide whether an applicant is guilty, or innocent, and there will be a dedicated victim services coordinator position to support victims and assist with the development of procedural policies especially as it relates to victim notification and participation in a manner consistent with the Canadian Victims Bill of Rights.

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The Toronto Caribbean Carnival is in desperate need of emergency and sustainable multi-year funding

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BY PAUL JUNOR

The announcement of a $3.5 million “critical investment” in the Toronto Caribbean Festival by the federal government is good news for the Festival Management Committee (FMC). The announcement was made on Monday, December 16th, 2024, as part of the Fall Economic Statement by the government of Canada. A press release from the FMC referred to the anticipated funding although details such as the release date and others are still unknown.

There has been media attention hinting at the possibility that the Toronto Caribbean Festival could be canceled in 2025, because it came up $2 million short in funding. It was on October 28th, 2024, that MPP Dr. Jill Andrew rose in the Ontario Legislature and informed the Ontario government that the festival was cash strapped. She stated, “The Toronto Caribbean Carnival is in desperate need of emergency and sustainable multi-year funding.” She mentioned the economic importance of the festival to the province and the fact that it costs $2.5 million to run. She called on the provincial government to ensure that the festival is funded adequately beyond the paltry $120,000 that it allocated to it in 2024.

In addition to MPP Andrew’s request for sustainable funding, a petition was launched by the Festival Management Committee. The petition describes vital aspects of the festival and lists ways that it contributes to the: cultural, economic and social life of Toronto. Undoubtedly, the ongoing issue of funding of the Toronto Caribbean Festival is one that will not go away unless, or until the three levels of government: provincial, federal and municipal decides to elevate it to a high level rather than just pay lip service to its importance annually. It is often used as a great photo-op for politicians during the summer.

The press release from the FMC revealed that there was a lot of work that was done behind the scenes prior to the announcement. “This critical investment follows nearly two years of intense advocacy.” This $3.5 million funding will go towards addressing systemic underfunding and highlighting the carnival’s vital cultural and economic contributions to Canada.

Jennifer Hirlehey, Executive Chair of the FMC states, “This achievement reflects the dedication of our team and the collective support from our stakeholders, the Caribbean community business. Together, we have demonstrated the power of unity and a shared vision. This funding will ensure the Carnival remains a dynamic force in Canada’s cultural and economic landscape, inspiring generations to come.”

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The Global Jamaica Diaspora Youth Council continues to unite and inspire young Jamaicans abroad

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Photo featuring Steven Getten

BY RUSHANE FERRON

The Global Jamaica Diaspora Youth Council (GJDYC) celebrated another milestone with its second annual event held at the Jamaican Consulate in Toronto, Ontario. The gathering, which took place on December 20th, 2024, continued the council’s mission to unite youth across the Greater Toronto Area (GTA) in celebrating and strengthening their Jamaican heritage.

Spearheaded by GJDYC Canada Representative, Steven Getten, in collaboration with the Jamaican Consulate, the event has quickly become a vital platform for fostering a sense of community among young Jamaicans in Canada. It offers a lifeline to those without close family connections, creating opportunities for: cultural exchange, mentorship, and relationship-building.

This year’s event attracted an even broader audience, drawing second, third, and fourth-generation Jamaicans eager to deepen their ties to their cultural roots. In her opening remarks, Consul Younna Bailey Magalhaes warmly welcomed attendees, emphasizing the importance of unity and collaboration within the Diaspora.

Keynote speaker Yanique Williams, Public Policy Director at Uber for Western Canada, delivered an inspiring address encouraging youth to embrace their potential and focus on building strong, supportive networks. Her words resonated with many, highlighting the importance of resilience and community in achieving personal and professional success.

Steven Getten closed the event with a heartfelt reflection on his migration journey and the power of solidarity within the Jamaican community. “Life in Canada may be difficult, but we have a vibrant Jamaican community. Let’s support each other and build together,” he urged.

The event’s success was made possible through the support of generous sponsors, including Grace Foods, JN Group, Keda Law, Nursing and Homemakers Inc., Caribbean Airlines, and Caribbean Queen. These partners provided essential packages for newcomers, students, and youth in need, reinforcing their commitment to uplifting the Jamaican Diaspora in Canada.

As the GJDYC continues to grow, events like these serve as a testament to the power of cultural heritage in uniting and inspiring young Jamaicans abroad. The council remains steadfast in its mission to cultivate a thriving, connected Diaspora that celebrates its shared history while embracing future possibilities.

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