Deadline to Apply: Ongoing
Eligibility Requirements:
You must self-identify as Indigenous
Indigenous entrepreneurs who self-identify as members of other communities are also welcome to apply for support from Futurpreneur
You must be a Canadian Citizen or Permanent Resident aged 18 - 39
When you apply you must be within the stated age range in order to be eligible
You are looking to launch a business or have been operating your business for less than one year
In order to be eligible, your business must not yet be operational or can only have been operating full time for 12 months or less
Other Entrepreneur and Startup Business requirements here: https://futurpreneur.ca/en/eligibility/
Program Benefits:
Inclusive financing
A flexible equity-free startup business loan of up to $60,000* available to Indigenous entrepreneurs (including those on reserve). *conditions apply
Mentorship
Receive up to two years of 1:1 mentorship from an experienced business leader
Resources
From Futurpreneur’s Ohpikiwin workshop series, designed to strengthen financial empowerment through an Indigenous lens, to our helpful business planning workshops and tools
Networking opportunities
Engage with a national network of Indigenous entrepreneurs, leaders and Indigenous-led community organizations at a range of entrepreneurial events
Supporting Documents:
Not indicated
Deadline to Apply: Ongoing
Eligibility Requirements:
Miziwe Biik provides financial support for up to 12 weeks to Indigenous entrepreneurs starting a business!
Deadline to Apply: Ongoing
Eligibility Requirements:
You must self-identify as Black
To participate in this program, participants must self-identify as Black. Intersectionality is also welcomed eg. those who identify as Black and Indigenous are also welcome to apply
You must be a Canadian Citizen or Permanent Resident aged 18 - 39
You must physically reside in Canada and be between the ages of 18 and 39 at the time of application
You are looking to launch a business or have been operating your business for less than one year
In order to be eligible, your business must not yet be operational or can only have been operating full time for 12 months or less
The business must be majority Black-owned
When there are only two partners (owners) of the applicant business, the business must be majority Black-owned (> 50%). When there are more than two partners (owners), the business must be at least 25% Black-owned (≥25%)
Other Entrepreneur and Startup Business requirements here: https://futurpreneur.ca/en/eligibility/
Program Benefits:
Inclusive financing
A flexible startup business loan of up to $60,000*. With up to $40,000 in additional financing opportunities from RBC* *some conditions apply
Mentorship
Access to free mentoring (up to two years)
Networking opportunities
Benefit from a Canada-wide network of Black entrepreneurs
Resources
Business planning tools and resources
Supporting Documents:
Not indicated
Deadline to Apply: Not indicated
Eligibility Requirements:
At least 18 years old
Identify as black
At minimum, a Permanent Resident of Canada
Business Ownership
Eligible Businesses must be majority black-owner
Where there are multiple shareholders: majority shareholdings and voting rights are to favour a black majority of no less than 51%
Eligible Business Types:
Sole-Traders
Corporations (Ltd, Inc)
Partnerships (limited & non-limited)
Program Benefits:
Micro Loan Program: $10,0000 to $25,000
Macro Loan Program: $25,000 to $250,000
Supporting Documents:
Detailed business plan
Up-to-date historical financial statements showing the Balance Sheet and Income Statement
Two to three-year financial projections
Up-to-date tax return for the business (T2 Income Tax Return) and business owner (T1 Income Tax Return) with Notice of Assessments
Personal Statement of Affairs
Government-issued Photo ID
Business Certificate of incorporation/registration
Deadline to Apply: Ongoing
Eligibility Requirements:
You have lived in Canada for less than 60 months
To participate in this offering, participants have lived in Canada less than 60 months from the application processing date
You must be a Canadian Citizen or Permanent Resident
To participate in this offering, participants must be Canadian citizens or permanent residents of Canada
You must have limited or no established credit history
To participate in this offering, participants must have limited or no established credit history in Canada
You must have the required documentation
To participate in this offering, participants must have a social insurance number (SIN) that does not begin with a “9”. Participants must provide two character-based references with one from a Canadian citizen
Other Entrepreneur and Startup Business requirements here: https://futurpreneur.ca/en/eligibility/
Program Benefits:
Inclusive financing
A flexible startup business loan of up to $25,000, of that, $12,500 is financed by Futurpreneur and $12,500 is financed by BDC *conditions apply
Mentorship
Receive up to two years of one-on-one mentorship from an experienced business leader
Resources
From our Rock My Business workshop series to our various business planning tools, gain access to the resources you need to succeed
Networking opportunities
Engage with a national network of entrepreneurs, leaders and community organizations at a range of entrepreneurial events
Supporting Documents:
Participants must provide two character-based references with one from a Canadian citizen
Deadline to Apply: Ongoing
Eligibility Requirements:
You must be an immigrant and a Permanent Resident, Protected Person, Convention Refugee, Provincial Nominee, or a Canadian Citizen
Loan applicants must have one of the immigration statuses listed above
Unfortunately, international students, live-in caregivers, and refugee claimants are not eligible for a loan
You must be an internationally-trained immigrant requiring licensing, re-training or relocation to achieve your career goals
You must be currently living in Canada
You must not have an undischarged bankruptcy
Program Benefits:
Loans up to $15,000
Fixed low-interest rate as low as 6.7%
Zero loan processing fees
One-on-one coaching to support you on your career path
Career and educational resource supports
Financial planning and budgeting tools
The Windmill Mentorship Program
Exclusive access to their Community Success Hub
The Windmill loans may be used to fund your Career Success Plan, which could include:
Education and training programs of two years or less, including courses to help you advance your career
Fees for licensing and qualifying exams
Living allowance to support you during your training, licensing, or relocation
Credentials assessments (e.g. WES, ICAS, IQAS, or MIFI)
English or French language training
Relocation costs for employment
Travel expenses to take courses or exams not available in your area
Books, course materials, and work equipment
Professional association fees
*Note that we cannot provide loans for business start-up costs.
Supporting Documents:
Immigration documents to confirm your immigration status
Prior Training/Education documents to verify your education history
Evidence of the educational program you plan to take e.g. admission/ registration/ enrollment letter
Banking information for the funds to be deposited
Government-Issued Photo ID to confirm your identity
Proof of Address
Photograph of yourself holding your government-issued photo ID to further verify your identity
Resume (recommended)
Deadline to Apply: Ongoing
Program Benefits:
Access low-cost financing and build credit-worthiness with Woveo's digital community wallet platform
Affordable loans of $5,000 to $10,000 at competitive interest rates (10%) for small and micro-sized businesses (SMBs)
Designed to support underrepresented entrepreneurs, the program combines simple, flexible financing with social accountability to reduce risk and drive success.
Deadline to Apply: Ongoing
Eligibility Requirements:
You must be enrolled at a post-secondary institution
To participate in this offering, participants must be enrolled full-time on campus or online, at a Canadian institution. If two part-time graduating students are applying as a partnership or incorporation, they are also eligible
You must be in your graduating year
To participate in this offering, participants must be in their graduating year of a post-secondary program
You must provide documentation
To participate in this offering, participants must provide documentation from their school to verify enrollment and year of graduation, such as a transcript or official letter from the Registrar
Other Entrepreneur and Startup Business requirements here: https://futurpreneur.ca/en/eligibility/
Program Benefits:
Inclusive financing
A flexible startup business loan of up to $60,000, of that, $20,000 is financed by Futurpreneur and $40,000 is financed by BDC *conditions apply
Mentorship
Receive up to two years of one-on-one mentorship from an experienced business leader
Resources
From our Rock My Business workshop series to our various business planning tools, gain access to the resources you need to succeed
Networking opportunities
Engage with a national network of entrepreneurs, leaders, and community organizations at a range of entrepreneurial events
Supporting Documents:
Participants must provide documentation from their school to verify enrollment and year of graduation, such as a transcript or official letter from the Registrar
Deadline to Apply: Ongoing
Eligibility Requirements:
Our small business credit products are for clients who need to borrow revolving credit or a line of credit or term loans.
Program Benefits:
Overdraft protection, operating lines, and term loans are some of the small business credit products available.