Black Entrepreneurship Loan Fund
Funds loan participation for Black Canadian entrepreneurs through mission-aligned lenders to expand growth-capable businesses.
The Black Entrepreneurship Loan Fund (BELF) is a federal program administered by Innovation, Science and Economic Development Canada (ISED) in partnership with the Federation of African Canadian Economics (FACE) and the Business Development Bank of Canada (BDC). It provides repayable loans of up to CAD $250,000 to Black business owners and entrepreneurs across Canada to start, grow, or maintain th…
Business growth and start-up support for Black entrepreneurs across all sectors in Canada.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Sign up free to see the timeline
Sign up free to see where teams trip up
Guides for this application
All guides →Grant Budget Template for R&D Applications
Use this grant budget template to structure R&D costs, personnel, subcontractors, equipment, indirect costs, and budget justification for startup grant applications.
Write proposalGrant Proposal Template: Structure, Sections, and Writing Prompts
Use this grant proposal template to structure your summary, work plan, budget, team, impact, attachments, and reviewer evidence before adapting it to funder rules.
Write proposalGrant Writing Tips: Mistakes That Kill Deeptech Applications
Grant writing tips for deeptech founders, focused on mistakes reviewers penalize: weak fit, vague innovation, poor evidence, bad budgets, and rushed submissions.
More from ISED
All grants from this funder →AI Compute Challenge
🇨🇦ISED · Canada
Supports Canadian AI infrastructure growth by funding data centre and compute initiatives through strategic commercial collaboration.
Strategic Response Fund
🇨🇦ISED · Canada
Funds industrial innovation projects across Canada through large-scale contributions for AI infrastructure, advanced manufacturing, and resilience.
Innovative Solutions Canada — Challenge Stream
🇨🇦ISED · Canada
Supports prototype development for federal problem statements in Canada through challenge-based procurement for digital trust, quantum, and logistics readiness.
Innovative Solutions Canada — Testing Stream
🇨🇦ISED · Canada
Funds government validation of innovative Canadian solutions through real-world trials in complex operational environments.
AI Sovereign Compute Infrastructure Program
🇨🇦ISED · Canada
Administers Canada's AI Sovereign Compute Infrastructure Program to build domestic public supercomputing capacity for researchers and innovators.
Similar grants
Browse the directory →
PMV Start Loan
🇧🇪PMV · Belgium
Provides PMV Start Loan support for early companies, independent professionals, and freelancers in Flanders through concessional financing.
ERP Start-up Loan – StartGeld (067)
🇩🇪KfW · Germany
Funds founders and young companies setting up or growing a business in Germany with loans up to €200,000.
MBRIF Mohammed Bin Rashid Innovation Fund
🇦🇪MBRIF · United Arab Emirates
Funds innovation ventures in the United Arab Emirates with capital and enterprise support for scalable ideas.
European Prize for Women Innovators
🇪🇺EIT · European Union
Awards women founders and co-founders across three prize categories, from EUR 20,000 up to EUR 100,000, for leading breakthrough European innovations.
Mujeres Empresarias
🇲🇽NAFIN · Mexico
Supports women-led Mexican enterprises through guaranteed loans with reduced collateral pressure and repayment flexibility.
BC Small Business Venture Capital Tax Credit
🇨🇦Province of BC · Canada
Funds private investment in British Columbia small businesses through tax-supported incentives and provincial partnership support.