FAQ
What is the Black Entrepreneurship Loan Fund? The Black Entrepreneurship Loan Fund, a component of the Black Entrepreneurship Program (BEP), is a partner...
Wed, 6 Oct, 2021 at 1:30 PM
The Black Entrepreneurship Loan Fund, a component of the Black Entrepreneurship Program (BEP), is a partnership between the Government of Canada, Black-led ...
Wed, 6 Oct, 2021 at 1:28 PM
The Loan Fund is expected to build on the Ecosystem Fund component of the BEP, connecting with Black-led business organizations to provide business advisory...
Tue, 5 Oct, 2021 at 6:06 PM
The Federation of African-Canadian Economics (F.A.C.E.) is the legal entity designated to administer the government contribution to the loan fund. It is a f...
Tue, 5 Oct, 2021 at 6:07 PM
F.A.C.E. is made up of five prominent BBSOs that joined forces to create the organization. Collectively, the group has more than 35 years of experience serv...
Tue, 5 Oct, 2021 at 6:08 PM
BDC has committed $130 million to extend capital to Black entrepreneurs under the Loan Fund. The BDC is a financial Crown Corporation that has been serving ...
Tue, 5 Oct, 2021 at 6:08 PM
Alterna Savings and Vancity credit unions be partnering with F.A.C.E. to deliver a micro-loan pilot program under the Loan Fund, administering micro-loans t...
Tue, 5 Oct, 2021 at 6:09 PM
BDC and credit unions will work with and support FACE in ensuring the initial set of loan products are delivered in a timely manner to Black Canadian busine...
Tue, 5 Oct, 2021 at 6:09 PM
Black Canadian business owners and entrepreneurs make important contributions to the Canadian economy, yet they continue to face systemic barriers in starti...
Tue, 5 Oct, 2021 at 6:10 PM
FACE recognizes that Black Canadian entrepreneurs will include important individuals who have intersectional identities that are important to capture in o...
Tue, 5 Oct, 2021 at 6:10 PM