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BlackLoanOpen
Federation of African Canadian Economics (FACE)
Black Entrepreneurship Program – Black Entrepreneurship Loan Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Can you get this?
✓Must lead a Black-owned for-profit business
✓Startups and established SMEs qualify
✓Business must seek domestic or international scaling
✕Non-Black-owned businesses are not eligible
Your real odds
The listing gives no acceptance rate or competitiveness data, so you are going into this without a benchmark.
Loan funds at this level assess creditworthiness and business viability, so a clear growth plan will carry real weight in your application.
What it takes
Confirm your business meets the Black-led eligibility criteria
Prepare a business plan showing growth goals
Apply through FACE with your financial documentation
Worth knowing
Loans go up to $250,000 with microloans available for earlier-stage needs, and the program is built to support both domestic and international expansion, so your ask does not have to fit a single mold.
What else do you qualify for?
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