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Home Canadian News

Anucha Family Launches Groundbreaking Award to Empower Black Entrepreneurs at York University

Stanley Ugagbe by Stanley Ugagbe
December 12, 2023
in Canadian News
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Anucha Family Launches Groundbreaking Award to Empower Black Entrepreneurs at York University

In a pioneering initiative, the Anucha family has established a groundbreaking award, the first of its kind, dedicated to supporting Black entrepreneurs at YSpace, York University’s hub for entrepreneurship and innovation.

This exceptional award serves as a tribute to the late Alfred Anucha, an inspiring and visionary entrepreneur who, at the age of 26, left an indelible mark on the entrepreneurial landscape. As the founder of Stay Ulo, a revolutionary network of properties providing flexible apartment rentals with a hotel experience, Alfred was not only a former York student but a fervent advocate for the potential of young people to drive innovation.

During a recent event announcing the award, family members shared that Alfred’s mantra, “‘Bet on yourself. Bet on the future,'” encapsulates the spirit of the Alfred Anucha Award. Adanna Anucha, Alfred’s sister, expressed the family’s excitement, stating, “Our family is thrilled to support young, Black entrepreneurs to ‘bet on yourself’ just as Alfred did. We hope this award will serve as a living tribute and memorial to honor Alfred’s legacy as a true innovator and dreamer.”

In partnership with YSpace and the Black Entrepreneurship Alliance, the award aims to uplift aspiring Black entrepreneurs. Eligibility extends to self-identifying Black individuals (Canadian citizens, permanent residents, and protected refugees), with a preference for Black male entrepreneurs under 30, acknowledging the historical underrepresentation in this sector.

The Alfred Anucha Award will grant a maximum of four entrepreneurs $2,500 each annually, recognizing their dedication to their craft. Recipients will also benefit from YSpace’s specialized programming at no cost, fostering the growth of their ventures. The award, available for the next five years, encourages both current and past program participants to apply.

This initiative underscores the profound connection between the Anucha family and York University. Uzo Anucha, Alfred’s mother, an associate professor at the School of Social Work in the Faculty of Liberal Arts & Professional Studies and the York Research Chair in Youth and Contexts of Inequity, reflects the family’s deep ties to the university. The director of entrepreneurship and innovation at YSpace, David Kwok, expressed gratitude for the partnership, affirming that the award will serve as a catalyst for Black entrepreneurs to receive vital funding and support.

Applications for the inaugural round of awards are open from Nov. 20 to Dec. 15, providing a unique opportunity for aspiring Black entrepreneurs to make their mark with the backing of the Anucha family’s visionary legacy. More details about the application process can be found on the YSpace website.

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Stanley Ugagbe

Stanley Ugagbe

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