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Find similar grantsNo specific deadline mentioned; program was extended with $189 million over five years per 2024 Fall Economic Statement.
Black Entrepreneurship Program (BEP) is sponsored by Innovation, Science and Economic Development Canada (ISED). This opportunity supports mission-aligned projects and measurable outcomes.
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Black Entrepreneurship Program Black Entrepreneurship Program The Black Entrepreneurship Program (BEP) is an initiative developed with the Black business community to help address systemic barriers faced by Black business owners and entrepreneurs.
Through its three components, BEP provides targeted support to Black business owners and entrepreneurs to help improve access to capital and business support services (such as training, advisory services, mentoring and networking) and seeks to improve the quality and availability of data on Black entrepreneurship in Canada.
BEP was extended with an investment of $189 million over five years, as laid out in the 2024 Fall Economic Statement. Components of the program Black Entrepreneurship Loan Fund The Black Entrepreneurship Loan Fund provides loans of up to $250,000 to Black business owners and entrepreneurs across the country to start, grow and maintain their businesses.
The Loan Fund is administered by the Federation of African Canadian Economics (FACE), in partnership with the Business Development Bank of Canada.
Frequently asked questions Delivered by the regional development agencies, the Ecosystem Fund supports not-for-profit Black led business organizations across the country in their capacity to provide support services such as mentorship, financial planning and business training for Black entrepreneurs.
Black Entrepreneurship Knowledge Hub The Black Entrepreneurship Knowledge Hub conducts research on Black entrepreneurship in Canada to help identify barriers to success and opportunities for growth for Black business owners and entrepreneurs. The Knowledge Hub is led by Carleton University's Sprott School of Business and the Dream Legacy Foundation.
Canadians who would like to provide feedback or find out more information about the Black Entrepreneurship Program, please contact bep-pecn@ised-isde. gc. ca .
Minister Valdez announces $189 million investment to help Black entrepreneurs start up, scale up, and build Canada’s economy Minister Ng announces the launch of the Black Entrepreneurship Loan Fund Prime Minister announces support for Black entrepreneurs and business owners Combatting systemic racism and discrimination in Canada: Canada's Anti-Racism Strategy 2024–2028 Support for Community Organizations Helping Canadians Canada's Black Justice Strategy Consultation summary report: What we heard
According to the current listing, eligibility includes: Black entrepreneurs and business owners in Canada. Confirm the full requirements in the official notice before applying.
Black Entrepreneurship Program (BEP) is funded by Innovation, Science and Economic Development Canada (ISED). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Canada AI Compute Access Fund, administered by Innovation, Science and Economic Development Canada (ISED), provides financial support to help small and medium-sized businesses (SMEs) access the compute power needed to scale and commercialize innovative AI projects. The program has a total budget of $300 million CAD and offers awards from $100,000 to $5 million CAD per project over up to three years. The fund covers two-thirds of eligible costs for Canadian cloud-based AI compute services and half of eligible costs for non-Canadian compute services. Successful applicants receive funding as non-repayable, conditionally repayable, or repayable based on project alignment with public benefits and program goals. The fund is part of Canada's broader Sovereign AI Compute Strategy and complements the AI Sovereign Compute Infrastructure Program. On May 2026, Minister Solomon announced support for 44 Canadian companies across life sciences, healthcare, energy, advanced manufacturing, agriculture, finance, natural resources, and transportation through this fund.
The AI Compute Access Fund, part of Canada's $2 billion Sovereign AI Compute Strategy administered by Innovation, Science and Economic Development Canada (ISED), subsidizes access to cloud-based AI compute for Canadian small and medium-sized enterprises. It covers two-thirds of eligible costs for Canadian cloud providers (one-half for non-Canadian), with individual project funding from $100,000 to $5 million CAD over up to three years. The first cohort of 44 projects was announced in May 2026 ($66M of the fund), spanning life sciences, health care, energy, advanced manufacturing, agriculture, finance, natural resources and transportation. The fund is being topped up toward $1 billion CAD, with additional intake rounds expected.
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