The Black Entrepreneurship Program (BEP) is a collaboration between the Government of Canada, the country’s black-led business organizations, and its many financial institutions. With an investment of up to $221 million over four years, it will help Black Canadian business owners and entrepreneurs grow their businesses and succeed now and in the future.
EP is hosting a Fireside with an Expert Panel on the new Black Entrepreneurship Program (BEP) announced by the Prime Minister of Canada to support Black Canadian Entrepreneurs on May 15th, 2021.
The discussion will cover the following three Components:
The National Ecosystem Fund will support not-for-profit Black-led business organizations across the country in their capacity to provide support, mentorship, financial planning, and business training for Black entrepreneurs.
The Black Entrepreneurship Loan Fund is a partnership between the Government, Black-led business organizations, and several financial institutions. It will provide loans up to $250,000 to Black business owners and entrepreneurs across the country.
The Black Entrepreneurship Knowledge Hub will conduct research on Black entrepreneurship in Canada. It will help identify barriers to success and opportunities for growth. The Hub will be led by not-for-profit Black-led community and business organizations in partnership with educational institutions.
View the Canadian Government’s summary report here
You can sign up to attend the upcoming seminar featuring EP’s Faculty members and Black Community leaders here.
The video below offers a quick look into EP’s fireside discussion between the expert panel and black community leaders about the benefits of the Black Entrepreneur’s Program (BEP) that was streamed live in December of 2020. This video offers insight into what you can expect from the upcoming webinars on the subject. You can watch the full video here.