Loan Federal

Black Entrepreneurship Loan Fund

Federation of African Canadian Economics (FACE) with BDC / ISED · Prince Edward Island

Funding amount

Up to $250,000

Application difficulty

Medium

Typical timeline

Not stated publicly

How to apply

Online Portal

📋 About this program

Federal-backed loan fund for Black business owners and entrepreneurs across Canada to start, grow, and maintain businesses. It is administered by FACE in partnership with BDC and is available in PEI.

✅ Who qualifies

Business stage

StartupGrowingEstablished

Eligible uses

OperationsEquipmentExpansion

🚀 How to apply

Check your eligibility — Review the requirements above, or use FundNavigator's free AI matcher to confirm this program is a fit for your business before spending time on the application.
Prepare your documents — Most programs require business registration documents, recent financial statements, and a description of how you'll use the funds.
Submit your application — Apply at the official portal →

💡 Tips & notes

ISED states the loan fund provides loans up to $250,000; applications are directed to FACE.

Apply at official portal →

Not affiliated with Federation of African Canadian Economics (FACE) with BDC / ISED. Always verify eligibility directly with the funding body.

Program details

Status Active

Type Loan

Level Federal

Amount Up to $250,000

Administered by Federation of African Canadian Economics (FACE) with BDC / ISED

Application Online Portal

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