Black Entrepreneurship Loan Fund

About This Opportunity

Loans up to $250,000 to help Black business owners and entrepreneurs start, grow and maintain businesses.

Eligibility Criteria

Black business owners and entrepreneurs across Canada. The Loan Fund is administered by the Federation of African Canadian Economics (FACE) in partnership with BDC; application and detailed eligibility are handled through the administrator.

Prepare to apply

Existing tools on this platform. They are not scored against this call, and the grant writer is not auto-filled from this page.

1. Step 1

   Funding requirements

   Work out how much you need to raise and how long it lasts.

2. Step 2

   Cash-flow forecast

   Show how the award would sit against income and costs.

3. Step 3

   Market size

   Estimate TAM, SAM, and SOM if the call asks for market evidence.

4. Step 4

   Business readiness

   Check gaps before you spend time on a full application.

5. Step 5

   Carbon and impact

   Capture environmental figures where the programme requires them.

6. Step 6

   Find partners

   Browse the company directory if the call needs collaborators.

7. Step 7

   AI grant writer

   Draft against your own project notes. Premium tool; not auto-filled from this call yet.