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CED — Black Entrepreneurship Program - Quebec - Canada
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CED — Black Entrepreneurship Program

Last Update: March 4, 2026
Quebec, Canada
Supports Black-led NPOs delivering business support services
Grant and Funding

Overview

Provides up to $3,000,000 over four years (up to $750,000/year) to support Black-led, not-for-profit organizations in Quebec. Funding supports activities such as incubation/acceleration, mentorship, networking, training, outreach, and capacity building to strengthen the Black entrepreneurship ecosystem.

At a glance

Funding available

Financing goals
  • Increasing community impact
  • Strengthening governance
  • Develop strategic partnerships
Eligible Funding
  • Minimum amount : 100,000 $
  • Up to 90% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Quebec
Legal structures
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Language Minorities
  • Black Canadians
  • Canadians
  • Women
Non-profit candidates
Sector of operation
  • All industries
Target groups
  • All the groups
Revenue structures
  • All structures
Scope
  • All dimensions

Activities funded

  • Incubation and acceleration programs for Black-led businesses
  • Business consulting and support services
  • Strategy development (studies, assessments, action plans)
  • Networking activities and business contacts
  • Mentoring and managerial capacity development initiatives

Documents Needed

  • Completed application form (submitted by the signing authority/authorized person)
  • Financial statements for the previous two years
  • Annual reports for the previous two years
  • Project proposal (max 10 pages, excluding appendices)
  • CVs (1 page each) for management team members and, if applicable, five mentors

Eligibility

  • Be a not-for-profit organization operating in Quebec and registered in the Registre des entreprises du Québec (REQ).
  • Be Black-led, with at least two-thirds of leadership positions held by individuals who identify as Black.
  • Have a governance structure largely composed of individuals who identify as Black (minimum two-thirds).
  • Have a mandate and activities focused on supporting members of Black communities.
  • Have at least one year of experience providing business support services and the in-house capacity to deliver them.

Who is eligible?

  • Black-led not-for-profit organizations providing business support services

Who is not eligible

  • For-profit businesses
  • Organizations not registered in the Registre des entreprises du Québec (REQ)
  • Organizations not operating in Quebec
  • Organizations that are not Black-led (less than two-thirds Black leadership/governance)

Eligible expenses

  • Wages associated with eligible activities
  • Consulting fees
  • Travel expenses
  • Other project delivery costs directly related to eligible activities
  • Overhead costs (e.g., rent, telecom, utilities, insurance) up to 15% of total project costs

Ineligible Costs and Activities

  • Establishment of a fund to finance business projects
  • Debt refinancing
  • Amortization costs
  • Purchase of assets above fair market value
  • Non-essential costs not directly related to the project

Eligible geographic areas

  • Quebec

Selection criteria

  • Contribution to the BEP Ecosystem Fund objective and expected results / anticipated economic impacts for businesses
  • Organizational capacity and performance
  • Complementarity and collaboration with the entrepreneurial ecosystem
  • Reasonableness of the costs and relevance of the financing package

How to apply

1

Confirm organizational eligibility

  • Confirm the organization operates in Quebec and is registered in the Registre des entreprises du Québec (REQ)
  • Confirm Black leadership and governance represent at least two-thirds
  • Confirm the mandate focuses on supporting Black communities and the organization has at least one year of business support experience
2

Design the eligible project

  • Define project activities that promote the creation and development of Black-led businesses in Quebec
  • Ensure proposed activities align with eligible activities (e.g., incubation/acceleration, mentoring, networking, consulting, strategy development)
  • Plan for reach and accessibility across Black communities and, if applicable, multiple regions of Quebec
3

Prepare budget and financing

  • Build a project budget with only eligible costs that are reasonable, essential, and directly tied to activities
  • Keep overhead costs (rent, telecom, utilities, insurance, etc.) at or below 15% of total project costs
  • Prepare a financing package and ensure total government stacking does not exceed 100%
4

Collect required financial documents

  • Gather the organization’s financial statements and annual reports for the previous two years
  • Ensure files do not require a password to be opened
5

Write the project proposal

  • Draft a Word proposal of 10 pages maximum (excluding appendices) addressing the call’s evaluation criteria
  • Include required sections such as context, organization overview, unique positioning, current services (including whether bilingual), and project description with timeline and costs
  • Add required supporting information (e.g., partnerships, geographic coverage, examples and list of supported businesses, expected benefits and performance indicators, detailed financing package, forecasts)
  • Attach one-page CVs for the management team and, if applicable, five mentors
6

Complete the application form

  • Complete the application form
  • Have the form submitted by the authorized person (signing authority)
7

Submit the complete application

  • Email the requested documents to the email address indicated in the application form
  • Ensure the application file is complete, as incomplete or late applications will not be considered
8

Respond during evaluation

  • Be prepared to provide additional information if requested during the evaluation process
  • Await funding decision, noting the process is competitive and funding depends on budget availability

Processing and Agreement

  • Applications are reviewed through a competitive evaluation process.
  • Applications must include all required information to be considered (incomplete or late files are not considered).
  • CED may request additional information from applicants at any time during the evaluation.
  • CED may approve an amount different from the amount requested.
  • If approved, eligible costs can start from April 1, 2026 (costs incurred before this date are not eligible).

Additional information

  • This call for projects is competitive; meeting requirements does not guarantee funding due to budget availability and proposal volume.
  • Incomplete or late applications will not be considered; applicants may be asked to provide additional information during the evaluation.
  • As Phase 2, applicants are expected to demonstrate unique positioning, expertise, and added value within Quebec’s Black entrepreneurship support ecosystem.
  • Ability to deliver services in both official languages is considered an asset.
Apply to this program

Frequently Asked Questions about the CED — Black Entrepreneurship Program Program

Here are answers to the most common questions about the CED — Black Entrepreneurship Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the CED — Black Entrepreneurship Program?

Provides up to $3,000,000 over four years (up to $750,000/year) to support Black-led, not-for-profit organizations in Quebec. Funding supports activities such as incubation/acceleration, mentorship, networking, training, outreach, and capacity building to strengthen the Black entrepreneurship ecosystem.

How much funding can be received?

CED — Black Entrepreneurship Program Funds up to 90% of admissible expenses.

Who is eligible for the CED — Black Entrepreneurship Program program?

To be eligible for the CED — Black Entrepreneurship Program program, you must: Quebec NPO registered in the REQ Black-led leadership and governance (≥ two-thirds) At least 1 year providing business support services

What expenses are eligible under CED — Black Entrepreneurship Program?

Incubation and acceleration programs for Black-led businesses Business consulting and support services Strategy development (studies, assessments, action plans) Networking activities and business contacts Mentoring and managerial capacity development initiatives

Who can I contact for more information about the CED — Black Entrepreneurship Program?

You can contact Canada Economic Development for Quebec Regions (CED).

Where is the CED — Black Entrepreneurship Program available?

The CED — Black Entrepreneurship Program program is available the province of Quebec.

Is the CED — Black Entrepreneurship Program a grant, loan, or tax credit?

CED — Black Entrepreneurship Program is a Grant and Funding