Black Entrepreneurship Program
Resources for Canadian businesses
Managing your business during COVID-19
Now open: Applications for the National Ecosystem Fund and the Black Entrepreneurship Knowledge Hub.
The Black Entrepreneurship Program (BEP) is a partnership between the Government of Canada, Black-led business organizations, and financial institutions. With an investment of up to $221 million over four years, it will help Black Canadian business owners and entrepreneurs grow their businesses and succeed now and into the future.
Components of the program
The National Ecosystem Fund will support not-for-profit Black-led business organizations across the country in their capacity to provide support, mentorship, financial planning, and business training for Black entrepreneurs.
The Black Entrepreneurship Loan Fund is a partnership between the Government, Black-led business organizations, and several financial institutions. It will provide loans up to $250,000 to Black business owners and entrepreneurs across the country.
The Black Entrepreneurship Knowledge Hub will conduct research on Black entrepreneurship in Canada. It will help identify barriers to success and opportunities for growth. The Hub will be led by not-for-profit Black-led community and business organizations in partnership with educational institutions.
The Government has launched applications under the National Ecosystem Fund and the Black Entrepreneurship Knowledge Hub. Visit those pages for more information and how to apply.
Please note that the application period for the National Ecosystem Fund closes on December 21, 2020 at 2:00 p.m., and that the application period for the Black Entrepreneurship Knowledge Hub closes on January 18, 2021 at 2:00 p.m. (PST).
For more information
Canadians who would like to provide feedback or find out more information about the Black Entrepreneurship Program, please contact email@example.com.
The Government of Canada reminds Canadians to remain vigilant and exercise caution when sharing information with third-party websites. Visit the Canadian Anti-Fraud Centre website for more information.
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