Closed
Source verified July 23, 2026
Black Entrepreneurship Program
Federal support for Black entrepreneurs and businesses
Funding available
$ 100,000 - $ 3,000,000
Deadline
Closed
Location
Quebec, Canada
Who can apply
Eligible candidates
Overview
Black Entrepreneurship Program is a federal initiative across Canada with an investment of $189 million over five years to help address barriers faced by Black business owners and entrepreneurs. Its three components support loans, business services such as training, advisory services, mentoring and networking, and research on Black entrepreneurship.
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At a glance
Funding available
Financing goals
- Increase social or community impact
- Strengthen organizational capacity
- Start a business
Eligible Funding
- Maximum amount : 3,000,000 $
- Minimum amount : 100,000 $
- Up to 90% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Black Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Official resources
Additional information
- The program includes three components: Black Entrepreneurship Loan Fund, Ecosystem Fund, and Black Entrepreneurship Knowledge Hub.
- The Loan Fund is administered by the Federation of African Canadian Economics (FACE) in partnership with the Business Development Bank of Canada.
- The Ecosystem Fund is delivered by the regional development agencies.
- The Knowledge Hub is led by Carleton University's Sprott School of Business and Dream Legacy Foundation.
Contacts
Frequently Asked Questions about the Black Entrepreneurship Program Program
What is the Black Entrepreneurship Program?
Black Entrepreneurship Program is a federal initiative across Canada with an investment of $189 million over five years to help address barriers faced by Black business owners and entrepreneurs. Its three components support loans, business services such as training, advisory services, mentoring and networking, and research on Black entrepreneurship.
How much funding can be received?
Black Entrepreneurship Program Funds up to 90% of admissible expenses, capped at $3,000,000 per project.
Who can I contact for more information about the Black Entrepreneurship Program?
You can contact Innovation, Science and Economic Development Canada (ISED) by email at bep-pecn@ised-isde.gc.ca or by phone at 1-800-328-6189.
Where is the Black Entrepreneurship Program available?
The Black Entrepreneurship Program program is available the province of Quebec.
Is the Black Entrepreneurship Program a grant, loan, or tax credit?
Black Entrepreneurship Program is a Grant and Funding
Who are the financial supporters of the Black Entrepreneurship Program?
Black Entrepreneurship Program is funded by Innovation, Science and Economic Development Canada (ISED)