Funding For Black Entrepreneurs

Futurpreneur Canada is dedicated to promoting diversity and inclusivity in entrepreneurship, and they understand that black entrepreneurs may face unique challenges in starting and growing a business. That's why they offer the Black Entrepreneur Startup Program, which provides access to financing and mentorship for black entrepreneurs between the ages of 18 and 39 who are Canadian citizens or permanent residents. With the Black Entrepreneur Startup Program, eligible entrepreneurs can receive up to $60,000 in financing to cover a variety of costs associated with starting or growing a business, such as marketing, equipment, and working capital. This financing comes with repayment terms of up to 5 years, and the program provides a 12-month grace period during which no payments are required.