July 30, 2024

Futurpreneur�s Black Entrepreneur Startup Program

"**The Black Entrepreneur Program** brings together business, marketing
Futurpreneur�s Black Entrepreneur Startup Program
Share
Instagram
Twitter
LINKEDIN

Black Entrepreneur Startup Program was launched in March 2021, and it is delivered by a team with lived experience and builds upon all the offerings of Futurpreneur�s core Startup Program. Funded by RBC, with additional loan financing from BDC, it provides participants with $5,000 to $60,000 in inclusive startup loan financing and networking opportunities. It also offers the opportunity to apply for up to $40,000 in follow-on financing, funded by RBC, based on the first two years of successful business performance.

The Black Entrepreneur Program for�Black entrepreneurs age 18-39�provides�startup loan financing�and up to�two years of mentorship, plus access to resources and networking opportunities with fellow entrepreneurs across Canada.

This program is funded byRBC, with additional loan financing from�BDC.

Eligibility Requirements

The following are the high-level eligibility requirements for the�Black Entrepreneur Startup Program:

* * Participants must�self-identify as Black�and be Canadian citizens or permanent residents�age 18-39; and * When there are only two partners (owners) of the applicant business, the business must be majority Black-owned (> 50%); and * When there are more than two partners (owners), the business must be at least 25% Black-owned (�25%).

Benefits

Inclusive Financing

Financing from $5,000 to $60,000 in startup loan financing * (up to $40,000 of which is delivered by Futurpreneur, funded by RBC; and up to $20,000 loaned by BDC)

Mentorship

Up to two years of 1-1 expert mentorship.

Resources

  • From our interactive Business Plan Writer to our Cash Flow Template, gain access to the resources you need to succeed.

Networking Opportunities

  • Engage with a national network of Black entrepreneurs, leaders and Black-led community organizations at a range of entrepreneurship events

Follow-On Financing

The opportunity to apply for up to $40,000 in follow-on financing funded by RBC, based on the first two years of successful business performance.

For More Information: Visit Black Entrepreneur Startup Program

RElated News
30
Jul

SPARK Calgary Cohort 2023 Applications Now Open.

SPARK Calgary 2023 is a one-of-a-kind program designed to help launch
Read Article
30
Jul
Startup Funding

The WEOC National Loan Program (Up to $250,000)

This program offers low-interest loans ranging from $2,500 to $250,000
Read Article
For Black Entrepreneurs

Action Now: Propel Your Journey to Success

Seize the moment. Click now to propel your journey and unlock the door to success.