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Deductions · 8 min

Every deduction Canadian small businesses miss

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Deductions · 7 min

The Small Business Deduction, fully explained

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Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.

DeductlyCA
ProgramsHow it worksTry it liveLearnWatchPricing
FRLog inStart free
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INCENTIVEAll of Canada

BDC Inclusive Entrepreneurship Loan

Last verified: June 2026

A BDC term loan of up to $350,000 for businesses at least 51% owned and led by women, Indigenous or Black entrepreneurs. It carries a preferential rate, no application or annual fees, and lets you postpone principal payments for up to 24 months. Completing the free BDC Entrepreneurship Fundamentals course earns an extra rate reduction.

See if I qualifyOfficial page
Estimated value
Up to $350,000
Approval likelihood
Medium
Ready to apply score
70/100
Documents needed
5

Eligibility

  • Business types:incorporated, self-employed, partnership
  • Industries:All industries
  • Provinces:All of Canada
  • Max revenue:$3,000,000

What you'll need

  • Business and shareholder information
  • Financial statements
  • Proof of 51%+ ownership by an underserved group
  • Use-of-funds plan
  • Government-issued ID

How to apply

  1. 1Check eligibility on the BDC inclusive entrepreneurship loan page
  2. 2Provide business and shareholder details
  3. 3Complete the online application with a BDC specialist
  4. 4Sign and receive funds on approval
  5. 5Complete the Entrepreneurship Fundamentals course for a rate reduction
Deadline:Continuous intake

Is your business a fit for BDC Inclusive Entrepreneurship Loan?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Related programs

INCENTIVE

BDC Growth & Transition Capital

Up to $5,000,000

INCENTIVE

Canada Small Business Financing Program (CSBFP)

Up to $1,000,000 in financing

INCENTIVE

AgriStability

Up to 70% of margin decline

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.