The New Buffalo Institute at Canisius is partnering with M&T Bank on the launch of a six-week Multicultural Small Business Innovation Lab. The initiative empowers upwards of 30 Black, Indigenous, Latinx and refugee business owners on Buffalo’s East Side so they may accelerate their company’s growth and better serve the community.
A significant portion of the innovation lab includes guidance and education in business planning, establishing credit, accessing capital, marketing and networking. Professors from the Richard J. Wehle School of Business worked with the Women’s Business Center to plan this content, and the college is hosting classes on campus.
The innovation lab culminates with a ‘Shark Tank’-style venture competition, in which grants of up to $5,000 will be awarded to three winners.
