Administered by Government of Canada · Last verified: July 2026
Federation of African Canadian Economics (FACE) administered loan program for Black-owned and Black-led businesses across Canada. Loans from $10,000 to $250,000 with mentorship.
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 eligibilityBlack Entrepreneurship Loan Fund (FACE) is generally open to incorporated, self-employed, partnership businesses, in any province or territory. Confirm the full criteria on the official program page before applying.
The estimated value is Loans from $10,000 to $250,000. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Apply through FACE Coalition online portal 2. Complete intake interview 3. Receive loan offer with mentorship plan
Rolling.