Black Entrepreneurship Loan Fund - Macro Loan

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


The Black Entrepreneurship Loan Fund, a component of the Black Entrepreneurship Program (BEP), is a partnership between the Government of Canada, the BDC, and private sector financial institutions. The Fund will provide loans of up to $250,000 to support Black business owners and entrepreneurs across Canada and lay the foundation for future success and long-term change.

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

Funding Limits

Eligible Expenditures

  • 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

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.