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Bootstrapping Billions: How Black and African Entrepreneurs Are Building Outside the VC Machine

Cassels grants $700K to Canadian Black founders, ClapMi raises $20K for African creator economy valued at $29.8B by 2032, Fanbase closes equity crowdfunding round | Wed., December 17, 2025 | Issue #4

BEB Editor
BEB Editor
December 17, 2025 – 12 min read

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Bootstrapping Billions: How Black and African Entrepreneurs Are Building Outside the VC Machine

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The Black Executive Journal™ is the global authority on Black and African business leadership, delivering executive briefings, biographies, and market analysis for founders, investors, and executives

The Black Executive Brief™ is a newsletter from The Black Executive Journal™. © 2026 Carmichael & Russ Capital, LLC. All rights reserved.

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