← Back to the funding database

Loan

Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Black Entrepreneur Startup Program

Black Entrepreneur Startup Program

Up to $75,000 in flexible loan financing (Futurpreneur portion up to $25,000, with additional BDC financing); database lists up to $60K.

·

Rolling submissions—no fixed deadline, but you must apply before turning 40.

AMOUNT

Up to $75,000 in flexible loan financing (Futurpreneur portion up to $25,000, with additional BDC financing); database lists up to $60K.

AMOUNT

Up to $75,000 in flexible loan financing (Futurpreneur portion up to $25,000, with additional BDC financing); database lists up to $60K.

DEADLINE

Rolling submissions—no fixed deadline, but you must apply before turning 40.

DEADLINE

Rolling submissions—no fixed deadline, but you must apply before turning 40.

FUNDING TYPE

Loan

CAN YOU GET THIS?

You must self-identify as Black, be a Canadian citizen or permanent resident aged 18–39, and own a business that has been operating for less than two years—or not yet launched.

You must self-identify as Black, be a Canadian citizen or permanent resident aged 18–39, and own a business that has been operating for less than two years—or not yet launched.

The business must be majority Black-owned (over 50% if two owners; at least 25% if more than two owners). You must physically reside in Canada at the time of application.

The business must be majority Black-owned (over 50% if two owners; at least 25% if more than two owners). You must physically reside in Canada at the time of application.

YOUR REAL ODDS

No public acceptance rate is disclosed, but the program is rolling with no hard deadline, which reduces pressure to compete in a single cycle.

The program uses more inclusive credit criteria than standard lenders specifically to address documented barriers faced by Black entrepreneurs, so credit history is a less disqualifying factor than typical loans.

WHAT IT TAKES

  1. Confirm eligibility (age, identity, business stage, ownership structure) — 1 hour

  2. Prepare a full business plan and 24-month cash flow projection — 1–4 weeks

  3. Submit application through Futurpreneur's online portal before your 40th birthday — 1–2 hours

WORTH KNOWING

The loan includes up to two years of free mentorship and access to a Canada-wide Black entrepreneur network—making this more than just financing. After two years, follow-on loan financing is also available.

Apply on the funder’s site →

MORE LIKE THIS

Start Up Loans Scheme

£500–£25,000 (average £10,264); repaid over 1–5 years at a fixed 7.5% annual rate.

UK-based founders at idea stage or trading under 60 months can borrow up to £25,000 at a fixed 7.5% rate.

Kiva U.S. Small Business Microloan

$1,000–$15,000 loan, 0% interest, no fees, repaid over 12–36 months.

U.S. small business owners and early-stage founders can apply for a 0% interest, no-fee loan of up to $15,000 on a rolling basis.

Kiva U.S. Small Business Microloan

$1,000–$15,000, repaid over 12–36 months at 0% interest with no fees.

U.S. small business owners and early-stage founders can get a 0% interest loan up to $15,000 with no minimum credit score.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

Explore the funding database →

$19/month · cancel anytime