Administered by Government of Canada · Last verified: July 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.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityBDC Inclusive Entrepreneurship Loan is generally open to incorporated, self-employed, partnership businesses, in any province or territory, with revenue under $3,000,000. Confirm the full criteria on the official program page before applying.
The estimated value is Up to $350,000. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Check eligibility on the BDC inclusive entrepreneurship loan page 2. Provide business and shareholder details 3. Complete the online application with a BDC specialist 4. Sign and receive funds on approval 5. Complete the Entrepreneurship Fundamentals course for a rate reduction
Continuous intake.