Black Entrepreneurship Loan Fund
Fonds de prêts pour l'entrepreneuriat des Noirs
Status not published
Rolling applications through FACE.
Loans from CAD 25,000 to CAD 250,000 to Black-owned businesses, delivered mainly through FACE and partner lenders; a micro-loan tier below CAD 25,000 has also been offered.
Innovation, Science and Economic Development Canada (ISED) with the Federation of African Canadian Economics (FACE)
ppp · national
Deadline: rolling — Rolling applications through FACE.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Stage: pre_seed, seed, series_a
- Locally registered entity required
Majority Black-owned or Black-led Canadian businesses.
How to apply
- Apply on the FACE online platform.
- Provide business plan and financials.
- Credit assessment.
- Loan agreement and disbursement.
What you will need
- Business plan
- Financial statements or projections
- Self-identification as Black-owned or Black-led
- Proof of Canadian residency
Source. https://ised-isde.canada.ca/site/black-entrepreneurship-program/en/black-entrepreneurship-loan-fund — checked 2026-08-14 · not human-checked