LAUNCH YOUR DREAM BUSINESS

Black entrepreneurs, ages 18-39, can benefit from startup loan financing and up to two years of mentorship, along with access to resources and networking.

Funded by:

Additional loan financing:

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Sign up for more information

Funded by:

Additional loan financing:

BDC Logo

Our offering

Our team, who have their own lived experience, is here to guide you every step of the way. With BESP, you can access flexible financing, along with expert mentoring and other resources to help kickstart your business and make it thrive.

Inclusive financing

A flexible startup business loan of up to $60,000*. With up to $40,000 in additional financing opportunities from RBC* *some conditions apply

Mentorship

Access to free mentoring (up to two years)

Networking opportunities

Benefit from a Canada-wide network of Black entrepreneurs

Resources

Business planning tools and resources

Are you eligible for the Black Entrepreneur Startup Program?

See here for the top level criteria you have to meet to be eligible or click the button to see the full list:

See full eligibility criteria here
You must self-identify as Black

To participate in this program, participants must self-identify as Black. Intersectionality is also welcomed eg. those who identify as Black and Indigenous are also welcome to apply.

You must be a Canadian citizen or permanent resident aged 18-39

When you apply you must be within the stated age range in order to be eligible.

You are looking to launch a business or have been operating your business for less than one year

In order to be eligible, your business must not yet be operational or can only have been operating full time for 12 months or less.

The business must be majority Black-owned

When there are only two partners (owners) of the applicant business, the business must be majority Black-owned (> 50%). When there are more than two partners (owners), the business must be at least 25% Black-owned (≥25%).

Our partners

FAQ

Questions about this program? Why not check out our FAQ page and see if you can find the answers there.

Ready to learn more?

Sign up here to get connected with a dedicated team member.

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General info

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Contact info

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Offering info

In addition to our core startup programs, we have tailored programs for Black and Indigenous entrepreneurs.
Please let us know if you would be eligible for these programs:
I identify as Black
I identify as Indigenous