Social Impact Stream
Social Impact Stream
FUELLED BY UNILEVER CANADA
About the program
Social entrepreneurship has become a rapidly-growing approach to business, and for a good reason – social entrepreneurs are pioneers focused on tackling some of the world’s biggest societal issues. Fuelled by Unilever Canada, the Black Innovation Program’s (BIP) Social Impact Stream is a 6-month virtual business incubator program designed to help Black entrepreneurs scale operations, make lucrative industry connections, and build sustainable solutions to maximize their impact on Canadian communities. Over the course of the 6-month program, socially-driven organizations are equipped with the tools, mentorship and community needed to generate company growth, while accelerating their ability to create meaningful change and contribute to their core mission.
With more than 400 iconic brands in over 100 countries, Unilever’s vision is to be the global leader in sustainable business, and demonstrate why having a purpose-led, future-fit business model can contribute to superior performance. The organization focuses on unlocking capacity through agility and digital transformation, and aims to be a beacon for diversity, inclusion, and values-based leadership.
What program participants get
A select cohort of 15 Black-led social enterprises will receive access to:
- Expert-led workshops to expand their knowledge and apply learning in areas like Marketing, Selling for Social Enterprise, Design Thinking, Financing, Raising Capital, Business Law, and more
- A dedicated DMZ Program Lead for guidance and advice to track and achieve goals and objectives
- Peer-to-peer engagements, mentorship sessions and community events, along with other opportunities to engage in shared learning opportunities
- A close network of Black entrepreneurs in a space to discuss unique challenges Black founders face
- An exclusive demo day event with the opportunity to pitch their business to secure grant funding; up to $35,000 in funding will be distributed to pitch winners from the cohort.
Mentors & Facilitators
Founder of Scale Without Borders, & Manager of Women Founder’s Program, DMZ
T.J Steve Ehounou, CPA, CA,
Associate Partner, MNP
Manager, Private Investment Research, Rally Assets
Hakim Farrel, EIR
Cybersecurity & Product
Founder, It's Souper
Principal Agile Coach
Head of Supply Chain at Antares Diamonds
Director of Youth Programs at Black Women Business Network
Partner and Head
Torys' Emerging Companies and Venture Capital Group, Torys LLP
Managing Partner, Marigold Capital
Canadian Digital Service's Head of Accelerator
Certified leadership coach tararhodes.com
Coach & Mentor
Director of Venture Programs at Elevate.ca; Co-Founder and Managing Partner of Pacer VC
Executive Director, Trade + Impact
Eric In Director of Investments, DragonFly Ventures
Ismael O Fanny
Associate Investment Office, IFC Co-Founder, Kajou
Here's what your journey will look like in the BIP Social Impact Stream.
September 2021: Program BeginsThe virtual program begins with an orientation, team meet and greets, founder happy hour and networking sessions. Founders receive online access to the DMZ portal.
Months 1-3: WorkshopsFounders take part in social impact-focused and business development sessions facilitated by mentors on topics surrounding business growth and sustainability for social ventures
Months 2-6: Program Lead and Peer-to-Peer SessionsFounders join bi-weekly check-ins with a DMZ Program Lead and sessions dedicated to building community and engaging in shared learning.
March 2022 Demo Day and GraduationFounders pitch their business to a panel of judges for the chance to secure a non-dilutive grant to accelerate their company growth.
Frequently asked questions
What is the Black Innovation Program’s Social Impact Stream?
The DMZ Black Innovation Program (BIP) Social Impact Stream is a 6-month virtual business incubator program fuelled by Unilever to help Black entrepreneurs with a social mission and purpose to scale operations, make lucrative industry connections, and build sustainable solutions to maximize their impact on Canadian Communities.
Who is eligible to apply?
To be eligible for the program, applicants must:
- Identify as Black (i.e. of African descent or the diaspora)
- Be 18 years of age or older at time of application
- Have a business that primarily operates in Canada and is incorporated or will incorporate if selected for the program
- Be a social venture, solving a compelling problem that impacts Canadians
- Be a tech-based or tech-enabled business with intent to scale
- Be comfortable speaking and participating in the program in English
- Be a Canadian citizen, a Permanent resident of Canada, or Hold Current and Valid Authorization under the Canadian Immigration and Refugee Protection Act
- Be a founder, owner, or hold a senior position where the startup is at least 50% owned by Black-identifying business owners or founders
Preference is given to applications that have:
- Demonstrated a positive impact on Black-identified Canadians and/or the diaspora
- Committed to building a scalable social enterprise
- Committed to program activities and engagements
- A driven, coachable and collaborative leadership, open to returning and mentoring future cohorts.
- Received under $200,000 CAD in cumulative grants in the last two years
- Incorporated as either a for-profit, not-for-profit, or are a registered charity
- Committed to engaging in value-based leadership
Is there a participation fee?
No. There is no participation fee required to be a part of the program.
What is the time commitment required to join the program?
This is a part time program. Participants should expect to commit two to three hours a week to gain full benefits of the program.
What does the program entail?
The BIP Social Impact Stream is a 6-month, part time virtual program that consists of workshops, mentorship, peer-to-peer sessions, and guidance from DMZ Program Leads.
Over the course of the program, participants will also receive:
- Perks and discounts: Through the DMZ’s partnerships, our startups receive exclusive perks and discounts from 110+ partners worth over $1 million in business savings.
- Professionals-in-Residence (PiR) support: Our PiR program offers 1:1 advisory services to our portfolio companies in areas of legal, finance, grants and process-related activities.
- Online resources (Google Launchpad, legal templates, financial modelling templates, etc.)
- Access to peer and alumni mentorship
- Year-round access to asynchronous Social Impact Learning modules
- Access to legal support and resources for business registration, incorporation and other legal inquiries
- Access to grant writing support
How much grant funding will be given away, and how can I access it?
Together, Unilever Canada and the DMZ will distribute up to $70,000 in grants over two cohorts. Up to $35,000 in grant funding will be distributed to participants of the program’s first cohort (September 2021).
During the program graduation and Demo Day, program participants will pitch their companies to a panel of judges for an opportunity to secure grant funding. More information on the grant prize amounts will be available soon.
If I am not selected, can I re-apply in the future? Can I still get access to business resources?
Yes, applicants who are not selected for the September 2021 cohort are welcome to apply for future programs should they meet eligibility criteria.
Applicants who are not selected to be a member of the September 2021 cohort will still be granted access to online learning content and video resources from workshops covered in the BIP Social Impact Stream’s core programming. Workshops include: Design Thinking 101, Selling for Social Enterprise, Brand & Marketing, Getting your Legal in Order, Setting up Your Finances for Success, Business Modelling, Pitching and Storytelling, and the Fundamentals of Raising Capital.
How is the program funded?
The Black Innovation Program’s Social Impact stream is funded by Unilever Canada with programming administered by the DMZ.
Not sure if you qualify for this program or want to learn more? Get in touch with our Recruitment Lead here.