Black Entrepreneurship Loan Fund

Government of Canada, BDC and the Federation of African Canadian Economics (FACE)
Loans up to $250,000 (CAD)

Loans for Black business owners and entrepreneurs across Canada, part of the Black Entrepreneurship Program. FACE can provide loans up to $100,000 and larger loans are risk-shared with BDC.

Gov. schemeLoans & Funding
Eligibility
Applicants who self-identify as Black or Black-led (majority ownership above 51% by Black Canadians), are legal residents of Canada and are at least 18. Eligible businesses include start-ups and existing for-profit small businesses with a business plan, registration and financial statements or projections.
Available in
CA Canada
Details
Tiers, how to apply, what to watch out for and sources are free with an account.
Apply on ised-isde.canada.ca ↗