Black Entrepreneurship Loan Fund

Loans, mentorship, and a national knowledge hub for Black-led businesses.

Level

Federal

Amount

Loans (commonly up to ~$250K via the Loan Fund) + ecosystem grants + knowledge hub

What it funds

Black-led business start and growth

Eligibility

Black business owners and entrepreneurs across Canada are eligible to apply. The Loan Fund is administered by the Federation of African Canadian Economics (FACE), in partnership with the Business Development Bank of Canada. No specific size, revenue, or incorporation requirements are stated on this page.

Awareness

known

Equity focus

Black entrepreneurs