Here you will find all funding information, educational, and other resources for small businesses. Our goal is to make it easy and straightforward for every BEBC member to have access to all available programs.
Black Entrepreneurs Loan Fund
Managed by the FACE Coalition, this $128 million loan program is a partnership between the Federal governments and banks to fund Black businesses.
The Canada Emergency Business Account (CEBA) will provide interest-free loans of up to $40000 to Canadian small businesses and not-for-profits.
Canada Small Business Financing Program
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.
Black Entrepreneurs Loan Fund
These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19. The guarantee covers amounts ranging from $25,000 to $1 million to ensure a degree of continuity for your business through the pandemic.
As a Canadian employer who has seen a drop in revenue during the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease your business back into normal operations.
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses.
Vancity seeks to support organizations that will implement solutions that help underserved communities and local businesses build financial resilience to safeguard against the climate crisis, life’s emergencies, reduce the risk of financial hardship, and withstand financial shocks.
CanExpert
Grants to help with expansion around
the world. Will cover up to 50% of
expenses for research including trade
shows.
The Canadian government grant and funding website will give you further access to what funding options are available to you at this particular stage of your business. Take a moment to fill out the survey and you will be redirected to a list of potential options.
Innoweave
Innoweave helps passionate leaders of successful community organizations learn about, select, and implement new tools and approaches to generate greater impact and advance their missions.
Toronto Enterprise Fund
TEF is a program of the United Way of the GTA that supports employment social enterprises in Peel, Toronto and York Region. Employment social enterprises are businesses that create training and employment opportunities for people facing barriers to the labour market. TEF supports the startup, sustainability, and scaling of employment social enterprises.
BBPA – Business Advisory Implementation Development Services (BAIDS)
BAIDS is a customized program designed to uplift and empower Black businesses that lack the resources and expertise to execute critical professional functions. From general advisory to the complexities of marketing, staffing, and tax law, the program serves as a lifeline for Black entrepreneurs, offering essential support today for long-term
success tomorrow.
Investment Readiness Program
The Investment Readiness Program (IRP) is a new national initiative funded by the Government of Canada. IRP will provide time-limited investments to support a broad range of social purpose organizations (for example, non-profits, charities, cooperatives, hybrid social enterprises, and mission-focused for-profits) in improving their capacity and ability to participate in the social finance market, access new investment and contract opportunities and support them throughout the innovation.
Digital Main Street Marketing Grant – Canada Digital Adoption Program
Managed by the FACE Coalition, this $128 million loan program is a partnership between the Federal governments and banks to fund Black businesses.
Digital Main Street Marketing Grant – Racialized and Indigenious Support for Entrepreneurs
Grant of up to $10,000 to improve
the marketing efforts of your business.
Business Benefits Finder
Click below link to find government grants, loans or financing programs.
An important part of our BEBC Society will be sharing the knowledge we have acquired in the process of not only starting and running our businesses, but also gained in our previous or present careers. It will be in sharing our knowledge freely, supporting and learning from each other that we will help us all progress, expand and be collectively successful.
Sharing our knowledge will lead to relationships that allow space and time to mentor each other, have opportunities to bounce ideas and the ups & downs of doing business as a BEB in Western Canada.
Another key part for this section will be encouraging all of us to promote & support each other, get to know what sectors our businesses are in and making a point of always recommending/suggesting a BEB to our clients, friends or family when they ask for advice or if they need a service/products/etc
We will organize networking events, monthly or quarterly to get many of us together often. For the next few months these will be in the form of zoom meet ups until we are able to meet safely in person in future post COVID-19.
