Jamaican-born entrepreneur Lamar Falconer, co-founder and CEO of AltoLeap Inc., has been awarded the Black Entrepreneur of the Yr on the 2024 CanadianSME Small Enterprise Awards. The award was introduced throughout the CanadianSME Small Enterprise Awards Gala, held on the Metro Toronto Conference Centre on June 20, 2025. The distinguished award acknowledges Falconer’s excellent management in know-how and his contributions to Canada’s small and medium-sized enterprise ecosystem.
Falconer, who attended Glenmuir High School in Jamaica earlier than migrating to Canada, has constructed a repute as a tech chief who blends deep engineering experience with strategic enterprise perception. Since launching AltoLeap in 2012, he has led the corporate from a modest startup to a number one supplier of cloud-native enterprise software program options, now serving to shoppers throughout manufacturing, transportation, and repair industries handle over $100 million in annual income.
AltoLeap is thought for delivering custom-built digital options that clear up real-world issues for small and medium-sized enterprises (SMEs). The corporate focuses on streamlining complicated enterprise processes, enabling companies to extend effectivity, scale back operational prices, and scale extra successfully.
Below Falconer’s path, AltoLeap has grown into one in all Canada’s standout tech corporations for SMEs, providing highly effective, adaptable platforms that combine with numerous enterprise workflows.
Lamar instructed the Jamaicans.com workforce, “I thrive on constructing groups the place innovation meets creativity; when numerous views align round a tough downside, extraordinary outcomes observe.”
Falconer, who holds an engineering diploma and an MBA, credit his success to the facility of collaboration. This philosophy drives AltoLeap’s workforce tradition and strategy to shopper partnerships.
Past his function as CEO, Falconer can also be deeply invested in creating the subsequent era of tech professionals. He mentors aspiring software program engineers throughout Canada and the Caribbean, serving to to strengthen regional expertise pipelines and promote range within the tech sector. His efforts are shaping not solely his personal firm but additionally the broader innovation group.
The CanadianSME Small Enterprise Awards are one of many nation’s most acknowledged platforms for celebrating entrepreneurship. They pay tribute to the very important function that SMEs play in Canada’s economic system. Annually, the awards honour enterprise house owners who’ve demonstrated perseverance, innovation, and management of their respective industries. The Black Entrepreneur of the Yr class shines a highlight on people who’re making vital strides whereas additionally serving as function fashions throughout the Black and wider enterprise group.
As AltoLeap prepares for continued enlargement in 2025, Falconer stays centered on pushing technological boundaries and constructing options that empower companies to thrive in a aggressive international market.