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The Black Entrepreneurship Program Ecosystem Fund is a grant initiative from Innovation, Science and Economic Development Canada that funds not-for-profit Black-led organizations to strengthen the entrepreneurship support ecosystem for Black business owners across Canada. The program enables organizations to develop or expand services such as mentorship, business training, networking, and financial planning.
Delivered through regional development agencies including ACOA, PacifiCan, FedDev Ontario, and others, the fund has invested $100 million across 43 Black-led organizations to date. Past individual awards ranged from $352,006 to $5,000,000. Eligible applicants must be not-for-profit Black-led organizations operating in Canada.
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Ecosystem Fund - Black Entrepreneurship Program Ecosystem Fund - Black Entrepreneurship Program A key component of the Black Entrepreneurship Program, the Ecosystem Fund aims to strengthen the entrepreneurship ecosystem for Black entrepreneurs and business owners across Canada.
It enables not-for-profit Black-led organizations to develop new services or expand those they already offer such as mentorship, networking, financial planning and business training for Black entrepreneurs. The Ecosystem Fund has already invested $100 million in 43 Black-led business support organizations across the country. The Ecosystem Fund is delivered by the regional development agencies (RDA).
For more information, visit the RDAs: Atlantic Canada Opportunities Agency (ACOA) Canada Economic Development for Quebec Regions (CED) Canadian Northern Economic Development Agency (CanNor) Federal Economic Development Agency for Southern Ontario (FedDev Ontario) Federal Economic Development Agency for Northern Ontario (FedNor) Prairies Economic Development Canada (PrairiesCan) Pacific Economic Development Canada (PacifiCan) Black Entrepreneurship Loan Fund Black Entrepreneurship Knowledge Hub Recipients of the BEP Ecosystem Fund African Canadian Civic Engagement Council Black Business Ventures Association Black Canadian Women in Action Society Canadian Imperial Advantage Council for Advancement of African Canadians in Alberta Black Business Association of BC Black Business Initiative Afro Caribbean Business Network Foundation Africa Development Network Foundation Aspire for Higher Elite Basketball Black Business and Professional Association Black Creek Community Health Centre Canadian Black Chamber of Commerce Caribbean Canadian Association of Waterloo Region Casa Foundation for International Development Conseil Économique et Social d'Ottawa Carleton (CÉSOC) Festival Management Committee La Solidarité des femmes et familles interconnectées francophones du Niagara (SOFIFRAN) Mouvement Ontarien des Femmes Immigrantes Francophones Nigerian Canadians for Cultural, Educational and Economic Progress The Afro-Heritage Association of Sudbury (AHA) Federation of Black Canadians Centre d'Encadrement Pour Jeunes Femmes Immigrantes (CEJFI) Côte Des Neiges Black Community Association Inc. DESTA Black Youth Network Réseau des Entrepreneurs et Professionnels Africains (REPAF) Sommet socioéconomique des jeunes des communautés noires The program is administered by the Regional Development Agencies (RDAs) Atlantic Canada Opportunities Agency (ACOA) Canada Economic Development for Quebec Regions (CED) Canadian Northern Economic Development Agency (CanNor) Federal Economic Development Agency for Southern Ontario (FedDev Ontario) Federal Economic Development Agency for Northern Ontario (FedNor) Prairies Economic Development Canada (PrairiesCan) Pacific Economic Development Canada (PacifiCan) Black Entrepreneurship Knowledge Hub
Based on current listing details, eligibility includes: Not-for-profit Black-led organizations operating across Canada. Must provide services such as mentorship, networking, financial planning, and business training for Black entrepreneurs. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies; past recipients received $352,006–$5,000,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.