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href="https://www.ic.gc.ca/eic/site/icgc.nsf/eng/h_07654.html">Programs</a> </li> </ol> </div> </nav> </div> </header> <div class="container"> <div class="row"> <div class="highlighted"> <div class="region region-highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> </div> <main property="mainContentOfPage" class="col-md-12 main-container container js-quickedit-main-content"> <div class="container region region-header"> <h1 id="wb-cont">Black Entrepreneurship Program</h1> </div> <section> <a id="main-content"></a> <div class="region region-content"> <article data-history-node-id="1" class="landing-page full clearfix"> <div class="content"> <div class="row bs-2col-bricked"> <div class="col-md-9 bs-region bs-region--top-right"> <section data-block-plugin-id="field_block:node:page:body" class="block block-layout-builder block-field-blocknodepagebody clearfix"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><div class="tex2jax_process"><p class="gc-byline">From: <a href="https://www.ic.gc.ca/eic/site/icgc.nsf/eng/home">Innovation, Science and Economic Development Canada</a></p> <article> <figure> <div class="field field--name-image field--type-image field--label-hidden field--item"> <img class="img-responsive center-block mrgn-tp-lg" src="/site/black-entrepreneurship-program/sites/default/files/img/BEP_Web_Banner_v2.jpg" width="1140" height="203" typeof="foaf:Image" alt="banner image for BEP" /> </div> </figure> </article> <p class="mrgn-tp-lg">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 $265 million over four years, it will help Black Canadian business owners and entrepreneurs grow their businesses and succeed now and into the future.</p> <section class="alert alert-info"> <p><a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="1956a3d6-4c74-48c4-9e7e-6a5b822165ee" href="https://ised-isde.canada.ca/site/black-entrepreneurship-program/en/summary-report-what-we-heard" title="Summary report: What we heard">Consultation summary report: What we heard</a> is now available</p> </section> <h2>Components of the program</h2> <div class="row"> <div class="col-md-4"> <article> <figure> <div class="field field--name-image field--type-image field--label-hidden field--item"> <img class="img-responsive center-block" src="/site/black-entrepreneurship-program/sites/default/files/img/home-3.jpg" width="360" height="203" typeof="foaf:Image" alt="" /> </div> </figure> </article> </div> <div class="col-md-8"> <h3 class="h5 mrgn-tp-sm" id="BELF">Black Entrepreneurship Loan Fund <span class="label label-success">Open</span></h3> <p>The Black Entrepreneurship Loan Fund is a partnership between the Government of Canada, Black-led business organizations, the Business Development Bank of Canada and other financial institutions. It will provide loans up to $250,000 to Black business owners and entrepreneurs across the country.</p> <p>The Government of Canada has announced that the Loan Fund is accepting loan applications from Black business owners and entrepreneurs through the Federation of African Canadian Economics (FACE).</p> <ul> <li>Visit <a href="https://facecoalition.com/loan-program#types">FACE</a> to apply</li> <li><a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="354625e1-2363-4e9d-b20f-ebca55add482" href="https://ised-isde.canada.ca/site/black-entrepreneurship-program/en/black-entrepreneurship-loan-fund-frequently-asked-questions" title="Black Entrepreneurship Loan Fund - Frequently asked questions">Frequently asked questions</a></li> </ul> <div> <div> </div> <div> </div> </div> </div> </div> <hr /> <div class="row mrgn-tp-md"> <div class="col-md-4"> <article> <figure> <div class="field field--name-image field--type-image field--label-hidden field--item"> <img class="img-responsive center-block" src="/site/black-entrepreneurship-program/sites/default/files/img/home-1.jpg" width="360" height="203" typeof="foaf:Image" alt="" /> </div> </figure> </article> </div> <div class="col-md-8"> <h3 class="h5 mrgn-tp-sm"><a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="3755d47a-5532-455c-865e-5cbcfaba33ab" href="https://ised-isde.canada.ca/site/black-entrepreneurship-program/en/ecosystem-fund" title="Ecosystem Fund">National Ecosystem Fund</a> <span class="label label-danger">Closed</span></h3> <p>The National Ecosystem Fund supports 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.</p> </div> </div> <hr /> <div class="row"> <div class="col-md-4"> <article> <figure> <div class="field field--name-image field--type-image field--label-hidden field--item"> <img class="img-responsive center-block" src="/site/black-entrepreneurship-program/sites/default/files/img/1063_09_20_BEP_Banner_Knowledge_360x203_v2.jpg" width="360" height="203" typeof="foaf:Image" alt="" /> </div> </figure> </article> </div> <div class="col-md-8"> <h3 class="h5 mrgn-tp-sm"><a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="7e7ce271-775b-4fda-acae-eac4b53b2a9a" href="https://ised-isde.canada.ca/site/black-entrepreneurship-program/en/black-entrepreneurship-knowledge-hub" title="Black Entrepreneurship Knowledge Hub">Black Entrepreneurship Knowledge Hub</a> <span class="label label-danger">Closed</span></h3> <p>The Black Entrepreneurship Knowledge Hub will conduct research on Black entrepreneurship in Canada. It will help identify barriers to success and opportunities for growth.</p> <p>The Government of Canada has announced that the Hub will be led by Carleton University's Sprott School of Business and Dream Legacy Foundation.</p> </div> </div> <hr /> <h2>For more information</h2> <p>Canadians who would like to provide feedback or find out more information about the Black Entrepreneurship Program, please contact <a href="mailto:bep-pecn@ised-isde.gc.ca">bep-pecn@ised-isde.gc.ca</a>.</p> <p>Visit <a href="https://www.canada.ca/en/services/business/maintaining-your-business.html">Managing your business during COVID-19</a> for more information about other financial support available to Canadians.</p> <h2>Related links</h2> <ul> <li><a href="https://www.canada.ca/en/innovation-science-economic-development/news/2021/05/minister-ng-to-make-an-announcement-on-the-black-entrepreneurship-program0.html">Minister Ng announces the launch of the Black Entrepreneurship Loan Fund</a></li> <li><a href="https://pm.gc.ca/en/news/news-releases/2020/09/09/prime-minister-announces-support-black-entrepreneurs-and-business" title="https://pm.gc.ca/en/news/news-releases/2020/09/09/prime-minister-announces-support-black-entrepreneurs-and-business">Prime Minister announces support for Black entrepreneurs and business owners</a></li> <li><a href="https://buyandsell.gc.ca/tender-opportunities-for-canadian-black-owned-or-led-small-businesses" title="https://buyandsell.gc.ca/tender-opportunities-for-canadian-black-owned-or-led-small-businesses">Tender opportunities for Canadian Black owned or led small businesses</a></li> <li><a href="https://www.canada.ca/en/canadian-heritage/campaigns/anti-racism-engagement/anti-racism-strategy.html" title="https://www.canada.ca/en/canadian-heritage/campaigns/anti-racism-engagement/anti-racism-strategy.html">Building a Foundation for Change: Canada's Anti-Racism Strategy 2019–2022</a></li> <li><a href="https://www.canada.ca/en/employment-social-development/news/2020/05/support-for-community-organizations-helping-canadians.html" title="https://www.canada.ca/en/employment-social-development/news/2020/05/support-for-community-organizations-helping-canadians.html">Support for Community Organizations Helping Canadians</a></li> </ul>  <div class="row row-no-gutters mrgn-tp-xl"> <div class="col-sm-7 col-lg-6"> <section class="gc-pg-hlpfl provisional"> <div class="well mrgn-bttm-0"> <form action="#" autocomplete="off" id="gc-pg-hlpfl-frm" method="post"><input name="institutionopt" type="hidden" value="ISED" /> <input name="themeopt" type="hidden" value="COVID" /> <input name="language" type="hidden" value="EN" /> <input name="pageTitle" type="hidden" value="Black Entrepreneurship Program" /> <input name="submissionPage" type="hidden" value="https://www.ic.gc.ca/eic/site/150.nsf/eng/home" /> <input name="sectionopt" type="hidden" value="Business" /> <input id="helpful" name="helpful" type="hidden" value="Yes" /> <div class="gc-pg-hlpfl-btn"> <div class="row row-no-gutters"> <div class="col-xs-12 col-sm-7 mrgn-tp-sm"> <h2 class="mrgn-tp-sm h5">Did you find what you were looking for?</h2> </div> <div class="col-xs-8 col-sm-5 text-right"><button class="btn btn-primary" id="btnyes" type="submit" value="Yes">Yes</button><button class="btn btn-primary mrgn-lft-sm nojs-hide" id="btnno" type="button">No</button></div> </div> </div> <p class="h3 hidden nojs-show">If not, tell us why:</p> <div class="gc-pg-hlpfl-no nojs-show"> <fieldset><legend class="h4 mrgn-tp-0 mrgn-bttm-md">What was wrong? 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