Afro-Entrepreneurs Fund
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Overview
Growing businesses within Quebec’s Black communities have access to loans ranging from $50,000 to $500,000 for projects in different areas.
At a glance
| Categories | loan |
|---|---|
| Funding | $50,000 – $500,000 |
| Status | Accepting applications |
| Region | QC |
| Sectors | general |
Eligibility and requirements
Money Minimum: $50,000 Maximum: $500,000 Refundable amount You Are 18 years of age or older Are a member of one of Quebec’s black communities Operate a business with a growing revenue Are an experienced manager Demonstrate your company’s growth potential Are an incorporated or registered for-profit business or a social economy business (non-profit organization or cooperative), carrying on a lawful business activity
How it works
You must have a business plan as well as all documentation requested by the Fund. You will be contacted once the Fund has received your application. You might be asked to submit additional information during your application assessment. Once your application has been reviewed, if it is approved, the Fund will contact you with an offer of financing.
How Mona Studio helps business owners use this program
Afro-Entrepreneurs Fund is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
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