Black Entrepreneurship Loan Fund

    Up to $250,000ContributionFederalVarious (BDC, financial institutions)

    Part of Canada's Black Entrepreneurship Program, providing loans of up to $250K to Black business owners and entrepreneurs, with access to mentorship and financial planning support.

    Deadlines

    • Intake type: Rolling — apply any time
    • Typical processing time: 6–12 weeks

    What you'll need

    • Black Business Ownership

      Business must be majority-owned by a Black Canadian entrepreneur

    • Find Delivering Partner

      Contact a delivering partner organization (Black-led organizations administering the fund)

    • Business Plan

      Business plan and financial information

    Check if you qualify — 3 minutes

    Official program page · Details verified Aug 15, 2026

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