Black Entrepreneur Startup Program (BESP)

Administrator: Futurpreneur / BDC / RBC
Source of Funds: Federal Government, Canada
No Deadline
 

About

This program supports young Black entrepreneurs in Canada through equity-free startup financing, mentorship, and business resources. Eligible applicants must be Black Canadian citizens or permanent residents aged 18-39 with a viable business idea or existing business. The program offers flexible loans of up to $75,000 to start or acquire a business, up to two years of free mentorship, access to a national peer network, and potential follow-on financing.

All Of Canada | Loans and Repayable Contributions | Government Loan with Interest

Funding Limits

Eligible Expenditures

  • Max $75,000
  • Max 5 Years of Financial Assistance
  • Any
  • Application Fee: None

Contact Information

Guidelines and Forms

Contact someone about this loan

Please note that all information requests will be sent to the program's administrator. The response time may vary for each organization.