Black Entrepreneurship Program Opens 2026 Applications with Multi-Million Dollar Ecosystem Fund

Applications are now open for the Black Entrepreneurship Program Ecosystem Fund. The deadline for submissions is January 9, 2026. This initiative provides critical support for Black-led not-for-profit organizations across Canada.

The program aims to strengthen the business landscape for Black entrepreneurs. It focuses on delivering high-impact services like mentorship and training.

Substantial Funding Available for Long-Term Growth

The funding available is significant. Organizations can apply for non-repayable contributions between $125,000 and $3 million per project.

This financial support is designed to empower Black entrepreneurs through 2030. The goal is to foster long-term success and contribute to a stronger national economy.

Strict Eligibility Criteria for Applicant Organizations

Eligibility is specific to ensure the fund reaches its intended audience. Applicant organizations must be incorporated not-for-profits in Canada. Their primary focus must be supporting businesses and community economic development.

Crucially, organizations must be Black-led. This means a minimum of two-thirds of leadership and governance positions must be held by individuals who self-identify as Black. The organization’s mandate and activities must also focus on supporting Black communities, according to program guidelines.

The Black Entrepreneurship Program represents a major commitment to levelling the economic playing field. This substantial funding initiative is poised to create lasting change for Black business owners and the Canadian economy as a whole.

Thought you’d like to know

What is the application deadline for the Ecosystem Fund?

The deadline for applications is January 9, 2026, at 4:59 PM Eastern Standard Time. All submissions must be received by this date and time to be considered.

How much funding can an organization receive?

Successful applicants can receive between $125,000 and $3 million in non-repayable contribution funding. The exact amount depends on the scope and impact of the proposed project.

What types of services can the funding be used for?

The fund supports business services like mentorship, networking, and training. It also covers outreach and capacity-building activities for Black entrepreneurs.

Who is eligible to apply for this fund?

Incorporated Black-led not-for-profit organizations in Canada are eligible. They must demonstrate a focus on supporting Black communities and have a governance structure that is at least two-thirds Black-identified.

How long is the funding program scheduled to run?

The Black Entrepreneurship Program Ecosystem Fund is committed through the year 2030. This provides a long-term framework for supporting Black business owners.