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VIDEO SERIES · EPISODE 01, JULY 1

Introducing "The Stories Behind the Businesses"

A new video series featuring Black entrepreneurs from across Saskatchewan, sharing their journeys, the challenges they've faced, the lessons they've learned, and the successes they've built — honest conversations highlighting the people behind the businesses and inspiring the next generation of entrepreneurs.

Watch on YouTube →
Saskatoon cohort participants
JULY 2026

That's a Wrap on the Saskatoon Cohort

CoBSMEs celebrated the close of its Saskatoon Business Development & Financial Literacy Cohort — thanking participants for their dedication and collaboration over several weeks, and looking forward to seeing where their entrepreneurial journeys lead next.

Watch on LinkedIn →
Yinka Adebule, CEO of CoBSMEs
FEATURE

Putting Saskatchewan on the Map

CEO Yinka Adebule on how CoBSMEs is building visibility, capacity, and connection for Black entrepreneurs across Saskatchewan — and why the province's Black business community is one of the country's fastest-growing opportunities.

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Feature · July 16, 2024

Elevating Black Entrepreneurship Through Mentorship, Training, Access, Networking, and Advocacy

In recent years, the landscape of entrepreneurship has seen a significant surge in the number of Black entrepreneurs. Despite facing numerous challenges, Black business owners are demonstrating resilience, creativity, and innovation. To ensure their continued growth and success, it is crucial to provide robust support systems. CoBSMEs (Coalition of Black Small and Medium Enterprises) plays a pivotal role in this regard by offering mentorship, training, access to resources, networking opportunities, and advocacy. Here’s how these elements contribute to elevating Black entrepreneurship.

Mentorship: Guiding the Way

Mentorship is the cornerstone of entrepreneurial success. Experienced mentors provide invaluable guidance, helping new entrepreneurs navigate the complexities of starting and running a business. For Black entrepreneurs, mentorship offers the following benefits:

  • Expert Advice: Mentors provide seasoned advice on business strategies, financial management, and market expansion.
  • Personal Growth: Mentorship fosters personal and professional growth, enhancing leadership skills and confidence.
  • Networking: Mentors often have extensive networks that can open doors to new opportunities and collaborations.

CoBSMEs connects Black entrepreneurs with successful business leaders who share their insights and experiences, fostering a supportive community that encourages growth and innovation.

Training: Building Competence and Confidence

Comprehensive training programs equip entrepreneurs with the necessary skills and knowledge to succeed. CoBSMEs offers various training modules that cover essential aspects of business management:

  • Business Planning: Developing solid business plans that outline goals, strategies, and financial projections.
  • Financial Literacy: Understanding financial statements, managing cash flow, and securing funding.
  • Marketing and Sales: Implementing effective marketing strategies to attract and retain customers.
  • Technology Integration: Leveraging technology to streamline operations and enhance productivity.

These training programs ensure that Black entrepreneurs are well-prepared to tackle challenges and seize opportunities in the competitive business landscape.

Access: Bridging the Gap

Access to resources, funding, and markets is often a significant barrier for Black entrepreneurs. CoBSMEs is committed to bridging this gap by:

  • Providing Capital: Facilitating access to loans, grants, and investment opportunities tailored for Black-owned businesses.
  • Market Access: Creating platforms that connect Black entrepreneurs with potential customers and partners.
  • Resource Allocation: Offering tools, templates, and resources that simplify business operations and enhance efficiency.

By ensuring equitable access, CoBSMEs empowers Black entrepreneurs to grow and scale their businesses effectively.

Networking: Fostering Connections

Networking is crucial for business growth. It opens up opportunities for collaboration, partnerships, and new ventures. CoBSMEs organizes networking events, seminars, and conferences that bring together Black entrepreneurs from various industries. These events provide:

  • Collaboration Opportunities: Encouraging partnerships that foster innovation and mutual growth.
  • Knowledge Exchange: Sharing best practices, experiences, and insights that benefit the community.
  • Visibility: Showcasing Black-owned businesses and their contributions to the economy.

A strong network of like-minded entrepreneurs creates a supportive ecosystem that promotes collective success.

Advocacy: Amplifying Voices

Advocacy is essential to address systemic challenges and ensure a level playing field for Black entrepreneurs. CoBSMEs actively advocates for:

  • Policy Reforms: Lobbying for policies that support Black-owned businesses, including access to funding and fair trade practices.
  • Representation: Ensuring that Black entrepreneurs have a voice in industry forums and decision-making bodies.
  • Public Awareness: Raising awareness about the contributions and challenges of Black entrepreneurs through media and public campaigns.

By amplifying the voices of Black entrepreneurs, CoBSMEs drives positive change and fosters an inclusive business environment.

Conclusion

The journey of entrepreneurship is challenging, but with the right support, Black entrepreneurs can thrive and make significant contributions to the economy. CoBSMEs is dedicated to elevating Black entrepreneurship through mentorship, training, access to resources, networking, and advocacy. By empowering Black entrepreneurs, we not only promote economic growth but also foster a diverse and inclusive business landscape that benefits everyone. Join us in supporting Black entrepreneurs and building a brighter future together.

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Feature

Putting Saskatchewan on the Map: How CoBSMEs Is Growing a Stronger Black Business Community

When people think about Black entrepreneurship in Canada, their minds often turn to cities like Toronto or Montreal. Saskatchewan rarely enters the conversation.

For Yinka Adebule, CEO of the Coalition of Black Small and Medium Enterprises (CoBSMEs), that is exactly why organizations like his matter.

Founded in 2023, CoBSMEs emerged from a simple but pressing need: visibility. Black entrepreneurs were building businesses across Saskatchewan, but many were doing so without dedicated representation, advocacy, or support networks.

"We realized there wasn't a lot of Black-led organizations that actually provide support to new immigrants, existing entrepreneurs, or business owners within the ecosystem," Adebule explains.

The organization was created to help change that reality. Today, CoBSMEs works to connect Black entrepreneurs with resources, professional networks, training opportunities, and business development support while helping ensure their voices are represented within Saskatchewan's entrepreneurial ecosystem.

That work recently received a significant boost when the Government of Canada announced more than $925,000 in funding through the Black Entrepreneurship Program to help CoBSMEs expand its training, mentorship, networking, and technology-focused programming for Black entrepreneurs across Saskatchewan.

A Growing Community

While Saskatchewan may not receive the same attention as larger provinces, Adebule says the province's Black entrepreneurial community is growing.

Over the past several years, he has witnessed increasing interest in entrepreneurship among both newcomers and established residents. More people are exploring business ownership as a pathway to economic opportunity, while community events and Black business expos are creating new opportunities for entrepreneurs to showcase their products and services.

At the same time, Saskatchewan's growing Black population is contributing to greater demand for entrepreneurial support and stronger business networks.

"We're beginning to see more people who don't want to work for somebody else. They want to build something of their own," says Adebule.

He also points to the emergence of more organizations and ecosystem partners that are intentionally supporting Black entrepreneurship through networking events, training opportunities, and community engagement initiatives.

For CoBSMEs, that growing momentum has reinforced the need for programming that responds to where entrepreneurs are today, while preparing them for where the business landscape is headed.

Building Businesses for Today and Tomorrow

CoBSMEs' approach focuses on three core areas: capacity building, networking, and coaching.

The organization's current Business Development and Financial Literacy Cohort Program combines entrepreneurial training with opportunities for participants to connect with one another and engage with ecosystem stakeholders. Entrepreneurs also have access to one-on-one consultations designed to help them move their businesses from one stage of growth to the next.

Future initiatives include a Skill Up with Tech program focused on technology adoption and digital skills, as well as an annual Black business networking event.

For Adebule, however, success is not measured by the number of workshops delivered or programs offered.

"I think the simplest way I can put it is money in their pocket," he says. "How do you grow your revenue from $20,000 to $50,000, from $50,000 to $100,000, and from $100,000 to a million dollars?"

The training, networking, and mentorship are all designed with that goal in mind.

Technology has become an important part of that conversation.

"We live in a digital age and things are moving pretty fast," says Adebule.

Many of the entrepreneurs CoBSMEs supports are still in the early stages of building their businesses. They often do not have the resources to hire staff or invest heavily in operations, making digital tools an increasingly valuable way to improve efficiency and expand their reach.

Artificial intelligence has become a major topic of discussion, but Adebule believes many entrepreneurs are still looking for practical guidance on how to use it effectively.

Rather than focusing on technical theory, CoBSMEs wants entrepreneurs to learn from business owners who are already integrating AI into their day-to-day operations.

At the same time, he cautions that technology is only as useful as the business strategy behind it.

"People first need to understand their business model," he says. "If you don't understand how business works, just adopting AI won't necessarily get you the results you're looking for."

That same philosophy shapes how CoBSMEs develops its programming. The organization starts by understanding the challenges entrepreneurs are facing before designing programs to address them.

"Research helps you identify who Black businesses are, where they are, and what they do," says Adebule.

Those insights help the organization tailor its programming to the realities entrepreneurs are facing.

"Don't waste people's time," he says. "Create programs that people actually need."

More Than Building Businesses

Although CoBSMEs is still a relatively young organization, it has already built a network of more than 300 entrepreneurs and community members through its events and outreach efforts.

The organization continues to develop partnerships within Saskatchewan and across Canada, working with ecosystem organizations, governments, and national partners to expand opportunities for Black entrepreneurs.

For Adebule, the message to entrepreneurs is one of opportunity.

Entrepreneurship is rarely easy. It requires resilience, adaptability, and a commitment to delivering value. But as Saskatchewan's Black business community continues to grow, so too do the supports available to help entrepreneurs succeed.

"The opportunity in Saskatchewan is growing," he says. "As an entrepreneur, this is the best time to tap into it and take advantage of it."

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Feature · February 2024

Innovation Meets Opportunity at the Black Business Networking Event

In February 2024, CoBSMEs brought the community together for the Black Business Networking Event in Regina, Saskatchewan — a gathering created to build connections, spark new opportunities, and strengthen the province's Black business ecosystem.

The event also drew a message of support from the federal government. In a statement to attendees, the Honourable Dan Vandal — Minister of Northern Affairs, Minister responsible for Prairies Economic Development Canada, and Minister responsible for the Canadian Northern Economic Development Agency — congratulated participants and reaffirmed the government's commitment to CoBSMEs:

"On behalf of the federal government, I am honoured to address everyone attending the 2024 Black Business Networking Event in Regina, Saskatchewan.

This gathering offers exciting opportunities to help create economic opportunities in your communities, to diversify the Saskatchewan economy, and to ensure a prosperous and sustainable future that leaves no one behind.

Our support to the Coalition of Black Small & Medium Enterprises represents a commitment to inclusion throughout the economy, and to advancing our shared interests and goals for your growing businesses.

Congratulations on coming together to create such a unique and valuable experience for Black businesses and entrepreneurs in Saskatchewan. I look forward to hearing about the new connections and insights that are gained from this event."

— The Honourable Dan Vandal, February 2024

The message underscored a partnership that continues today: federal support through PrairiesCan's Black Entrepreneurship Program now helps CoBSMEs expand training, mentorship, networking, and technology-focused programming for Black entrepreneurs across Saskatchewan.

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