July 7, 2025

Futurpreneur�s Black Entrepreneur Startup Program

"**The Black Entrepreneur Program** brings together business, marketing
Futurpreneur�s Black Entrepreneur Startup Program
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The Black Entrepreneur Startup Program, launched in March 2021, is designed for Black entrepreneurs aged 18-39. Delivered by a team with lived experience, the program offers startup loan financing, mentorship, and networking opportunities. Funded by RBC, with additional loan financing from BDC, participants can receive between $5,000 to $60,000 in inclusive startup loans and apply for up to $40,000 in follow-on financing based on two years of successful business performance.

Key Benefits:

  • Inclusive Financing
    Receive $5,000 to $60,000 in startup loans, with up to $40,000 funded by RBC and $20,000 by BDC.
  • Mentorship
    Up to two years of one-on-one expert mentorship.
  • Resources
    Access tools like the Business Plan Writer and Cash Flow Template to support your business growth.
  • Networking Opportunities
    Engage with a national network of Black entrepreneurs, leaders, and Black-led community organizations.
  • Follow-On Financing
    Apply for up to $40,000 in additional funding based on the first two years of business success.

Eligibility Requirements:

  • Must self-identify as Black and be a Canadian citizen or permanent resident, aged 18-39.
  • If there are two owners, the business must be majority Black-owned (>50%); if more than two owners, the business must be at least 25% Black-owned.

For more information, visit the Black Entrepreneur Startup Program website.

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