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VERIFIEDCanada-wideLoanLoan

Black Entrepreneurship Loan Fund

Federal loan fund providing up to $250,000 to Black business owners and entrepreneurs across Canada, administered by FACE with underwriting shared by BDC.

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Best For

Black-led businesses seeking financing beyond what a traditional bank loan offers.

Eligibility Snapshot

  • Self-identify as Black or Black-led (51%+ ownership)
  • Canadian citizen or permanent resident
  • Business plan and financials

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