BDC Inclusive entrepreneurship loan
Our inclusive entrepreneurship loan offers up to $350,000 to businesses at least 51% owned and led by women, Indigenous, or Black entrepreneurs. It features affordable financing, no application or annual fees, and the option to postpone principal payments for up to 24 months.
Offered by Business Development Bank of Canada (BDC)
Amount
Up to $350,000
Loan of up to $350,000, with no application or annual fees and the option to postpone principal payments for up to 24 months
Quick eligibility check
Who can apply
- Based in Canada
- Revenue of less than $3M
- At least 51% owned and led by persons from an underserved community
- For the purposes of this loan, underserved communities include women, Indigenous and Black entrepreneurs
About the funding
Our inclusive entrepreneurship loan offers up to $350,000 to businesses at least 51% owned and led by women, Indigenous, or Black entrepreneurs. It features affordable financing, no application or annual fees, and the option to postpone principal payments for up to 24 months.
Improved financial know-how
Complete an online course and get an additional rate reduction.
**For a limited time only, take advantage of preferred terms and conditions for loans up to $350,000. Subject to approval. Certain conditions apply.
Show all funding details
Financing you can use to:
Launch growth projects
Purchase inventory to fulfill orders quickly, develop new products or launch a marketing campaign.
Purchase new or used equipment
Expand and modernize your operations, and increase your production capacity and efficiency.
Invest in technology
Purchase hardware and software, or boost revenue with a new e-commerce website.**
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| Program | Type | Amount | Status |
|---|---|---|---|
| BDC Small business loan | Loan | Up to $350,000 per BDC Small Business Loan: up to $100K (up to 6 months interest-only payments, 5-year amortization) or over $100K and up to $350K (up to 12 months interest-only payments, up to 8-year amortization) | Open |
| BDC Working capital loan | Loan | No fixed amount | Open |
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