One area of funding growth over the past few years is Black business grants.
If you're a Black entrepreneur, this is a great time to look for funding, because there are also loans, loan guarantees, entrepreneur programs, and other start-up programs...
And we have all of those programs for Black entrepreneurs in Atlantic Canada right here on this page!
Below is a complete list of business grants for Black entrepreneurs in Atlantic Canada, as well as other types of programs, such as loans, tax credits, and more.
Many grant programs do not specify ethnicity, so make sure you check out our big grants lists for each province:
Black Business Grants in Atlantic Canada
Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.Comments on Funding:Funding will take the form of: interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;non-repayable contributions for up to
Amount:$5,000.00 Type of Program:Loan Description:The Micro Loan provides up to $5,000 in financial assistance to new or existing new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland.Comments on Funding:Funding is up to $5,000.There is a $100 administration fee. The first year is interest-free When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant
Amount:$25,000.00 Type of Program:Loan Description:The Term Loan provides up to ,000 in financial assistance to new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland. Loans can be used for capital equipment acquisition, working capital, or short-term receivable financing.Comments on Funding:Funding is up to $25,000.The interest rate is based on
Amount:N/A Type of Program:In-Kind Support Description:The Atlantic Canada Black Entrepreneurship Program (BEP) is designed to strengthen and broaden existing support for Black businesses and entrepreneurs in Nova Scotia and expand services and programs to all Atlantic Canadian provinces. BEP provides business development support, including counseling, advising, and access to information and resources and mentorship opportunities. Comments
Amount:$5,000 Type of Program:Grants Description:BBI’s Business Consulting Advisory Services Grant Program is designed to help entrepreneurs in Atlantic Canada build up and strengthen their operations and continue to grow their clientele. Comments on Funding:Funding is a grant of up to $5,000. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants must: be small to medium Black-owned business; be operating in
Amount:$2,000 Type of Program:Grants Description:The Centre’s Craft Business Development Program supports the career growth of Unama’ki-Cape Breton makers, artists, and craft producers by providing the Consultancy Services program helping fund one-on-one assistance from a professional on various services, i.e., e-commerce, taxes, exporting, wholesaling, etc. Comments on Funding:1Funding takes the form of non-repayable financial assistance of 75%