Black Entrepreneur Funding in Ontario: Directory of Funding & Support Sources
This page is a directory of sources of funding that support black entrepreneurs in Ontario. The page will be regularly updated to ensure that funding sources are current.
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Black Business Grants Ontario: 20 Funding Programs for Black-Owned Businesses
🇨🇦 Organizations Supporting Black Entrepreneurs in Ontario
| Organization | What They Do | Services |
|---|---|---|
| Afro-Caribbean Business Network (ACBN) | Network that builds capacity and funding access for Black business owners. | Advisory, workshops, networking, funding readiness, referrals. |
| BKR Capital | Early-stage VC investing in Black founders; Toronto & Montréal offices with national reach. | Equity investment, investor/network access, founder support (application guidance via site). |
| Black Business and Professional Association (BBPA) | National Black-led charity advancing economic prosperity for Black Canadians. | Advice, mentorship, programs/events (e.g., Harry Jerome Awards), training, referrals. |
| Black Business Initiative | Atlantic Canada’s Black-led business development org offering counselling, training, mentorship and capital access. | Business counselling, workshops/courses, mentorship; also loans/grants navigation. |
| Black Entrepreneurship Alliance | Partnership supporting Black founders with programming and community. | Incubation, mentorship, training, community events, referrals. |
| Black Founders Network | U of T community for Black founders to access capital, community, and capacity-building. | Cohorts/events, mentorship, investor connections, founder community. |
| Black Opportunity Fund | Charity mobilizing capital and capacity for Black communities. | Grants (nonprofit), business education & supports, partnerships, referrals. |
| Black Women Professional Coop (BWP Coop) | Ontario-based, provincially registered multi-stakeholder co-op empowering Black women through community, training, and finance literacy. | Capacity-building workshops, mentorship, financial-literacy education, peer-to-peer lending/investment clubs, marketplace. |
| BlackTech Capital | Toronto-based pre-seed/seed fund backing underrepresented founders in climate/cleantech. | Equity investment plus connections to partners, universities & accelerators. |
| Canadian Black Chamber Of Commerce (Cbcc) | Black-led chamber supporting Black-owned businesses across Canada. | Mentorship, networking, advocacy, training, procurement connections. |
| DMZ – Black Innovation Programs (Toronto Metropolitan University) | University incubator’s dedicated streams for Black founders. | Pre-incubator/incubator, coaching, perks, funding opportunities, community. |
| Federation of African Canadian Economics (FACE) | National nonprofit administering the Black Entrepreneurship Loan Fund. | Loans up to $250k, education, partnerships, referrals. |
| Futurpreneur | National non-profit organization providing young Canadian entrepreneurs with loan financing, mentorship, and resources to start or buy a business. For young black entrepreneurs, Futurpreneur offers startup financing plus up to two years of mentorship tailored for Black founders. | Loan financing, 2-year 1:1 mentorship, planning tools & resources, networking. |
✅ Related Resources for Black Entrepeneurs in Ontario
💰 Funding a Business in Ontario
💼 Business Support Organizations in Ontario