Black Entrepreneur Startup Program (BESP)
Administrator: Futurpreneur / BDC / RBC
Source of Funds: Federal Government, Canada
No DeadlineAbout
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 costs
- Application Fee: None
Contact Information
Guidelines and Forms
Not Available
Keywords: Entrepreneurship, Mentorship, Diversity, Youth, Business Development, Networking Opportunities, Startups
Last Modified: January 29, 2026