Black Entrepreneurship Loan Fund - Macro Loan

Administrator: The FACE Coalition / Innovation, Science and Economic Development Canada / BDC
Source of Funds: Federal Government, Canada
No Deadline


The Black Entrepreneurship Loan Fund is a partnership between the Government of Canada, Black-led business organizations, and several financial institutions. FACE will administer a macro-loan program with loans ranging from $25,000-$250,000 and act as a fulfillment agent for the loan fund.

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

Funding Limits

Eligible Expenditures

  • Min $25,000
  • Max $250,000
  • Max 7 Years of Financial Assistance
  • Government Loan
  • Account Receivable
  • Equipment
  • Inventory
  • Labor
  • Long Term Assets
  • Short Term Assets
  • Other
  • Application Fee: None

Contact Information

Guidelines and Forms


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