Government FinancingGovernment funding for Black entrepreneurs in Canada
GOVERNMENT FUNDING

Government funding for Black entrepreneurs in Canada

30 programs apply here: 14 non-repayable (grants, tax credits and subsidies) and 16 loans and guarantees. Non-repayable funding is listed first; claim what you never pay back before borrowing.

Futurpreneur's Black Entrepreneur Startup Program splits its funding differently from the core stream, at up to $50,000 from Futurpreneur plus $25,000 from BDC, and adds follow-on financing of up to $40,000 after two to three years of trading. The Black Entrepreneurship Loan Fund is separate and delivered through partner lenders.

The Black Entrepreneurship Program also includes a knowledge hub and ecosystem funding stream separate from lending.

The dedicated program

TypeLoan, repaid in full.
Who qualifiesBlack-owned or Black-led Canadian businesses. Applicants must be Canadian citizens or permanent residents.
Apply throughPartner lending institutions.
AmountsLending ranges are set by partner institutions. Confirm current terms with the partner serving your region.

Lending ranges and partner list require confirmation.


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