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CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund

Supports Black-led organizations serving entrepreneurs

Funding available
$ 100,000 - $ 750,000
Up to 90% of project cost
Deadline
Open continuously
Location
Northwest Territories, Nunavut, Yukon, Canada
Who can apply
Not-for-profit organizations (NPOs) operating in Quebec and registered in the Registre des entreprises du Québec (REQ).
See full eligibility

Overview

The Ecosystem Fund - Black Entrepreneurship Program supports Black-led not-for-profit organizations across Canada to strengthen the entrepreneurship ecosystem for Black entrepreneurs. It funds new or expanded services such as mentorship, networking, financial planning, and business training.

At a glance

Funding available

Maximum funding
$750,000
Minimum funding
$100,000
Maximum share of project costs
90%
Financing goals
  • Increase social or community impact
  • Improve governance or administrative structure
  • Develop strategic partnerships
  • Develop workforce skills
  • Raise awareness or mobilize a population

Eligible candidates

Location
  • Northwest Territories, Nunavut, Yukon
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
  • Black Canadians
Legal structures
Non-profit
Non-profit candidates
Target groups
Business owners / entrepreneurs
Scope
National

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 1

Eligibility

Who is eligible?

  • Not-for-profit organizations (NPOs) operating in Quebec and registered in the Registre des entreprises du Québec (REQ).

Who is not eligible

  • Organizations that are not registered in the Registre des entreprises du Québec (REQ).
  • Organizations where less than two-thirds of leadership positions are held by individuals who identify as Black.
  • Organizations whose governance structure is not largely composed of individuals who identify as Black, with a minimum of two-thirds.

Eligible expenses

  • Wages associated with eligible activities
  • Consulting fees
  • Travel expenses
  • Other costs directly related to carrying out the eligible activities
  • Overhead costs such as rent, telecommunications, utilities, and insurance, if reasonable and essential, up to 15% of total project costs

Ineligible Costs and Activities

  • Costs incurred before April 1, 2026 are not eligible for funding.
  • Establishment of a fund to finance business projects
  • Debt refinancing
  • Amortization costs
  • Purchase of assets at a price that exceeds fair market value

Activities funded

  • Incubation and acceleration programs
  • Consulting and support services
  • Strategy development, including studies, assessments, and action plans
  • Networking activities and business contacts
  • Mentoring and managerial capacity development

How to apply

  • Submit a completed application form signed by the signing authority.
  • Send the requested documents to the email address indicated in the form.

Documents Needed

  • An application form, duly completed and submitted by the signing authority.
  • The organization’s financial statements and annual reports for the previous two years.
  • The proposal in Word format, no longer than 10 pages, excluding appendices.

Selection criteria

  • Contribution to the BEP Ecosystem Fund’s objective and expected results
  • Organizational capacity and performance
  • Complementarity and collaboration with the ecosystem
  • Reasonableness of the costs and the relevance of the financing package

Processing and Agreement

  • All applications will be reviewed.
  • Incomplete or late applications will not be considered.
  • Applicants may be asked to provide additional information during the evaluation process.
  • Beneficiaries must collaborate with the Federation of African Canadian Economics (FACE) for referrals to the Black Entrepreneurship Loan Fund and with the Black Entrepreneurship Knowledge Hub for sharing data on supported activities and clients.

Additional information

  • The Ecosystem Fund has already invested $100 million in 43 Black-led business support organizations across the country.
  • The fund is delivered by the regional development agencies (RDAs).

Contacts

Official sources

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Frequently Asked Questions about the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund Program

What is the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund?

The Ecosystem Fund - Black Entrepreneurship Program supports Black-led not-for-profit organizations across Canada to strengthen the entrepreneurship ecosystem for Black entrepreneurs. It funds new or expanded services such as mentorship, networking, financial planning, and business training.

How much funding can be received?

CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund Funds up to 90% of admissible expenses, capped at $750,000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund program?

To be eligible for the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund program, you must: Not-for-profit organizations operating in Quebec and registered in the REQ At least two-thirds of leadership and governance identify as Black Capacity and experience to provide business support services

What expenses are eligible under CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund?

Wages associated with eligible activities Consulting fees Travel expenses Other costs directly related to carrying out the eligible activities Overhead costs such as rent, telecommunications, utilities, and insurance, if reasonable and essential, up to 15% of total project costs

Who can I contact for more information about the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund?

You can contact Canadian Northern Economic Development Agency (CanNor) by email at operations@cannor.gc.ca.

Where is the CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund available?

The CanNor — Black Entrepreneurship Program (BEP) Ecosystem Fund program is available the province of Northwest Territories, Nunavut, Yukon.