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Black Entrepreneurship Program (BEP)

Innovation, Science and Economic Development Canada

Federal support for Black Canadian business owners through the Black Entrepreneurship Loan Fund, a National Ecosystem Fund, and a Knowledge Hub.

Value
Not stated by source
Intake
Ongoing
Last verified
September 20, 2026

About the amount

The Black Entrepreneurship Loan Fund lends up to $250,000 to start, grow or maintain a business, administered by partner organisations rather than by the department. The programme also funds business support services - training, advisory, mentoring and networking - and was extended with $189 million over five years in the 2024 Fall Economic Statement.

Documents you'll likely need

  • Business plan
  • Financial statements
  • Proof of ownership

Source

https://ised-isde.canada.ca/site/ised/en/programs-and-initiatives/black-entrepreneurship-program

CashRadar identifies potential matches. Final eligibility is determined by the program administrator. CashRadar is an independent service and is not affiliated with the Government of Canada or any provincial government.