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Access to Capital
Access to capital play an important role in Entrepreneurship and lack of access to capital is often cited as one of the primary barrier facing Entrepreneurship. ACANEA, we ensure that Black Business is connected with Government and stakeholder.
Black entrepreneurs are making a significant contribution to our communities and our economy, yet they face unique barriers that prevent them from achieving their full potential. BDC is here to help.
The Black Entrepreneurship Loan Fund, a component of the Black Entrepreneurship Program (BEP), is a partnership between FACE, 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. The loan program will fund existing businesses (to a maximum of $250,000) and start-ups (to a maximum of $50,000) under two programs; the micro loan pilot program and macro loan program.
Our team will guide you through all the steps to embark on your business journey—from planning to financing to launch. RBC program for Black entrepreneurs age 18-39 provides startup loan financing and up to two years of mentorship, plus access to resources and networking opportunities with fellow entrepreneurs across Canada. With Diversity & Inclusion as core values, Futurpreneur supports young Canadian entrepreneurs from all backgrounds, helping them launch and grow successful businesses. We launched this tailored version of our core Startup Program specifically to help address some of the barriers to success faced by many aspiring Black entrepreneurs. This program is funded by RBC, with additional loan financing from BDC.
Grow your business with our new Black Entrepreneur Program Loan Apply for up to $250,0001 in financing to help start, grow or take your business to the next level. Access expert advice and read inspiring stories from business owners like you.
Black-Led Business Financing Program Supporting Black-led businesses through access to financial solutions, advice, and the benefit of offers from Bank partners.
Black Opportunity Fund is committed to dismantling the impacts of systemic racism, by providing funding and helping to build the capacity of Canadian Black led businesses, as well as Black led, Black community serving charities and not for profit organizations. Black Opportunity Fund will prioritize in its funding, support for initiatives around entrepreneurship, education, health, women, criminal justice, arts & culture, and youth that impact the quality of life in Black communities across Canada.
Our ultimate goal is your Business success. Beyond knowledge and skills, we’re dedicate to making an impact on you and your organization.