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Navigating Next: Empowering the future of Black Innovation

Monthly Archives: May 2024

Navigating Next: Empowering the future of Black Innovation

DMZ’s annual Black Innovation Summit is a one-day event that brings together exceptional minds in the tech industry to drive change, build connections, and lead the way in developing strategies for Black entrepreneurs to succeed on a global scale.

This year, we are embracing the theme “Navigating Next”, which builds on our ongoing support for Black founders. We are uniting the tech community to explore the next steps in fostering sustained growth and success for Black entrepreneurs. In an era marked by geopolitical uncertainties and rapid technological advancements, the Summit will address the strategies necessary to navigate and thrive in a constantly evolving global environment.

The Summit aims to amplify Black excellence and chart a new course of empowerment and progress within the Black community and beyond by bringing together a diverse group of thought leaders, innovators, and allies. This impactful event will include a Black Innovation Breakfast, roundtable discussions and the Black Innovation Pitch Competition, where 10 Black tech founders will pitch their businesses to secure funding. 

In our efforts to support the future of Black innovators, our Steering Committee members, composed of leaders, executives and corporate partners, are brought together to ensure the Summit reflects the diversity of entrepreneurs within Canada’s tech landscape. Our aim is to reduce bias and create an environment that supports and promotes inclusivity.

We’re spotlighting the dedicated individuals behind the Committee to recognize them for their efforts as the trailblazers that they are.

Brooke Graham

Diversity, Equity, Inclusion Manager, ​​LifeLabs

A visionary EDI strategist and facilitator, Brooke Graham brings transformative leadership to LifeLabs, a nationwide organization with over 6,500 employees. With a wealth of experience spanning Indigenous communities to global financial firms, Brooke drives impactful change and fosters equity. Her collaborative and empathetic approach prioritizes authentic and accountable relationships, harnessing the power of community to deliver meaningful solutions.

Brooke’s leadership and dedication to driving change has fueled her commitment to initiatives that promote, encourage, and enable equity in innovation which leads her to be a valuable member of the Steering Committee to an event that celebrates the resilience and innovation of Black entrepreneurs.

 


Efosa Obano

Founder & Manager, Black Founders Network

Efosa Obano founded and manages the Black Founders Network, supporting Black entrepreneurs with capital, community, and capacity building. He also leads the African Impact Initiative, investing in early African innovators. With extensive experience in leveraging technology to create social impact, investing with impact, and building early-stage ventures, Efosa has been recognized by the UN and received the Ontario Minister’s Award of Excellence for his contributions.

Efosa holds a strategic management degree from the University of Toronto, where he was honoured with the Young Alumni Award for Outstanding Achievement. Efosa’s experience in supporting Black entrepreneurs positions him as a powerful advocate and voice for the Black entrepreneurial community.

 

Iran Karimian

Head of Accelerator and Startup Ecosystem, Google Canada

With over a decade of experience, Iran Karimian is a dynamic leader who heads the Accelerator and Startup Ecosystem at Google Canada. She has successfully collaborated with some of Canada’s largest brands, including Google, YouTube, Kraft Heinz, and the Royal Bank of Canada. Today, Iran spearheads startup and developer ecosystem efforts at Google Canada, where she leverages Google’s people, programs, products, and technology to empower startup teams nationwide. Iran’s passion for fostering innovation and supporting initiatives that drive equity and growth are what make her an incredible asset to the committee. 

With the theme of this year’s Summit being “Navigating Next”, how do you envision the role of Black entrepreneurs evolving in the tech industry over the next decade, and how do you see the Summit playing a role in supporting this vision?

“With the growth and empowerment of black entrepreneurs, we’ll see an increase in diverse leadership, with Black entrepreneurs holding key leadership positions across the tech landscape, shaping the industry’s direction and priorities. We’ll see strong economic empowerment, with successful Black-owned tech ventures creating jobs, generating wealth, and uplifting communities, contributing significantly to economic growth.” 

 

Lise Birikundavyi

Co-Founder / Managing Partner, BKR Capital

Lise Birikundavyi is the managing partner at BKR Capital, incidentally becoming the first black woman in Canada to manage an institutionally-backed VC fund. Lise is an innovative finance specialist who has worked with several international institutions and acts as guest lecturer for prestigious organizations, including Oxford University, the International Olympic Committee Accelerator managed by the Yunus Sports Hub and the Canadian Private Capital Investment School at Ivey. Lise also mentors and supports highly promising and impactful start-ups in emerging markets. Lise’s groundbreaking achievements uniquely positions her to provide invaluable insights and leadership, making her an ideal fit for the Committee of the Black Innovation Summit.

 

Michael Younder

Senior Manager, Partnerships and Innovation, Scotiabank

Michael Younder is a technology enthusiast specializing in partnerships and product development. At Scotiabank’s Digital Factory, he focuses on enhancing the fintech ecosystem and supporting strategic initiatives across departments. With a strong background in relationship building and digital transformation, Michael collaborates with leading organizations to drive change. His passion for technology and innovation makes him a valuable contributor to the Black Innovation Summit’s Steering Committee. 

 

Mohammed Muraj

Counsel, Torys LLP

With an extensive background in technology and blockchain, Mohammed collaborates with startups, Fintechs, and other clients on significant transactions, helping them navigate the evolving governance and regulatory landscape. His strategic insights and hands-on approach are valuable in supporting the Black Innovation Summit in its mission to recognize and celebrate standout Black entrepreneurs who are driving innovation and change.

How can the tech community at large better support the inclusion and success of Black entrepreneurs beyond the Summit?

“Inclusion and access for underserved communities does not occur as a by-product but requires constant and well thought out long-term efforts. The tech community (like other communities) needs to continue to engage with underserved communities to identify obstacles faced by such communities and make resources available to them to overcome the systemic challenges and obstacles they face.”

 

Monique Miller

Purpose Programs Manager, Unilever

Monique is a versatile professional who thrives by leveraging interpersonal skills to drive collaborative change. Holding a Masters Degree from the London School of Economics, Monique has worked in North America, Africa and Europe with a focus on improving the human experience through partnerships in the domains of governance, public health, education, entrepreneurship and the private sector. An award winning educator, Monique is passionate about spreading knowledge, and ‘aha moments’. As the Purpose Programs Manager at Unilever, Monique supports the expansive impact of the Dove Self-Esteem Project in Canada and the ever growing network of Black female entrepreneurs through SheaMoisture’s Dreamfund. 

 

Tinashe Wingfield

Managing Director, Cadence Foresight Innovations

A strategic visionary with over 20 years of experience, Tinashe is a dynamic leader in crafting and implementing projects focused on strategy, systems design, and impact evaluation. She has garnered recognition for her pioneering work in designing transformative strategies, conducting impactful evaluations, and fostering organizational change. Born in Zimbabwe and raised in Burundi, Kenya, and Canada, Tinashe brings a global lens to all her work.

Today, Tinashe leverages her extensive experience to drive impactful initiatives that inspire change, inspiring her to join the Steering Committee for the Black Innovation Summit to continue supporting initiatives that promote, encourage, and enable equity in innovation.


The Black Innovation Summit was made possible thanks to our partners
Scotiabank, Telus, Magna, Torquest, Unilever, Torys, Accenture, the Government of Ontario, the City of Toronto, BKR Capital, and The Peak
.

 

Head to dmz.to/BIS to learn more about the Summit, and stay tuned to hear the results of the pitch competition.

DMZ welcomes Incubator Cohort 7 companies

Our latest cohort is composed of exceptional startups that stood out among hundreds of promising applicants from around the world.

Some highlights of this cohort: 

  • 10 startups representing diverse verticals: EdTech, Fintech, HRTech, Social Impact, and more
  • Over 50% of Cohort 7 are woman-founded
  • The majority of startups operate as B2B SaaS companies
  • Our startups’ home bases span across the U.K., U.S. and Canada

For the next 18 months, startup founders will benefit from extensive support as they scale their products, ramp up customer acquisition, explore global expansion, gain access to cutting-edge resources and much more. Startups also benefit from continuous guidance with access to a world-class network of mentors, industry leaders, professional services, investors and legal advisors.  

Keep reading to learn more about the visionary startups leading the future of tech.

 


Aravenda provides a cloud-based consignment software solution for small businesses or enterprise users. Aravenda seamlessly integrates with Shopify and Clover to simplify workflows, eliminate common system errors and streamline inventory management while expanding the reach of consignment businesses globally. 



Loba is innovating health and wellness by modernizing traditional pill and supplement management through technology and the psychology of building healthy habits. By connecting a Loba device to WiFi, users can easily manage their pill and supplement schedule, set reminders, add new medications, track habits, and more.


Omnia focuses on the digital optimization of business operations such as supply chain management and e-learning solutions. By assessing a company’s current tech utilization, Omnia designs a custom optimization strategy to enhance workflow management and streamline operations across various industries. This company ensures its implementations drive significant value and ongoing support by prioritizing the understanding of client needs.


Quantibly is an innovative impact analytics platform revolutionizing data-driven decision-making in the social sector. With advanced AI and automation tools for data collection, analysis, and visualization, Quantibly empowers organizations in 82 countries to gain actionable insights into their financial and non-financial impacts.



Rescounts is an innovative, cost-effective platform that offers all-in-one event management services. The platform helps customers connect with various events in their area, and purchase tickets from anywhere. Rescounts also helps users keep track of their purchased event tickets and maintain a schedule of their upcoming events.  



SmartConcil is a platform that simplifies financial decisions based on Reconciliation automation. It proves security and real-time traceability over financial data, allowing finance teams to focus on what really matters.



Snoooz AI is an AI-powered Out-of-Office (OOO) assistant that can send personalized OOO responses, automate OOO tasks, route messages to backups and create coverage plans. This comprehensive tool simplifies your OOO management, handling everything efficiently.

 

Soundspace connects people with creative workspaces through a network of membership-based music networking, rehearsal, producing, and recording facilities. Memberships to Soundspace locations are available monthly, and artists book their time on their chosen location’s communal calendar. 


SuperCode is an app where kids learn to code by creating and playing interactive worlds together in live online events. Their focus is on exposing kids to key coding and problem-solving concepts in a way that is deeply fun and engaging motivating them to dig deeper and start to develop confidence in their skills.

 

Talin is the definitive automation solution for the staffing industry, integrating every essential application with scalable generative A.I. technology. The startup’s technology executes the most tedious staffing and recruiting workflows in minutes, acting as a co-pilot for placing candidates and signing new clients, all from a single platform.

 

Get to know more about our Fall ‘25 cohort of startups by visiting DMZ’s Current Startups page. Are you an early-stage tech founder interested in growing your business? Discover how DMZ’s Incubator can help here

Students, here’s how to turn your summer break into a business-building opportunity

A blueprint for student entrepreneurs: Lisa Huh’s success story with Basecamp


Summer isn’t just for relaxation and afternoons by the pool; for ambitious student entrepreneurs, it’s the perfect time to transform an idea into a business. 

However, understanding where to start can be daunting without the proper guidance. Programs like DMZ’s Basecamp provide student entrepreneurs with the roadmap, tools and skills to navigate this exciting journey.

But don’t take it from us. We sat down with Lisa Huh, a Basecamp alumni and Founder of PocketClass, to learn how Basecamp helped her business gain some serious momentum —like onboarding 40 new clients and awarding her a $5,000 grant prize.

Check out her key takeaways from the program for a taste of what you’ll learn at Basecamp this summer. 

Perfect your pitch.

“Storytelling isn’t just an art. It’s a strategic asset,” Lisa discovered during her stint at Basecamp. She learned to craft a compelling startup pitch that not only communicated the core of her business idea but did so in an engaging way. Perfecting your pitch allows you to effectively communicate with your audience what makes your product unique and how it solves a problem.

Lisa developed skills in building pitch decks, effectively presenting her business, and responding dynamically to questions—skills she believes are never taught in traditional classrooms.

Build a network. 

“One of the most considerable challenges student entrepreneurs face is understanding how to access the ecosystem,” Lisa explained. Understanding a network’s role in building a business was one of her biggest takeaways from the program.This network was vital for Lisa personally and professionally, helping her connect with mentors and peers who were instrumental even beyond her time at Basecamp. 

“Accessing the right ecosystem is crucial,” Lisa noted. Through Basecamp, she gained a foundational support system to grow her business. More importantly, it gave her a vibrant network of founders and experts who offered advice and honest insights.

This network was vital for Lisa personally and professionally, helping her connect with mentors and peers who were instrumental even beyond her time at Basecamp. 

Master mentorship. 

Engaging with entrepreneurs and mentors who’ve been in your shoes accelerates success,  and DMZ’s Basecamp connects student entrepreneurs with industry leaders.


Lisa connected with founders building similar marketplace businesses, gaining direct insights into overcoming her exact business challenges. “When I had issues with customer outreach, I could turn to mentors who had faced similar hurdles, and they offered me tangible advice on how to perfect my emails,” she shared. Plus, mentors who helped Lisa with nailing customer outreach played a pivotal role in introducing her to many of her clients today.

Students, don’t miss your chance. 

This year, we’ve decided to raise the bar and introduce Basecamp Sprint, a high-velocity 4-week program for university students to pitch at Collision 2024 and win a trip to New York City. 

We’ll then head into Basecamp Voyage, an 8-week deep-dive program for high school and university students emphasizing ideation, development, and a culminating pitch competition for $50,000 in grants. 

Ready to be catapulted into the tech world this summer? Learn more about  Basecamp Sprint and Voyage at dmz.to/basecamp and apply today.