Business Size: small

Region: Canada

Demographics: Black entrepreneurs, youth

Other Criteria: Self-identify as Black, Canadian citizen or permanent resident, Aged 18-39 at time of application, Physically reside in Canada, Looking to launch a business or have been operating full time for 24 months or less, Business must be majority Black-owned (>50%) if two partners/owners, Business must be at least 25% Black-owned (≥25%) if more than two partners/owners, Demonstrate some training or experience related to business idea, Business will create full-time sustainable employment for the applicant(s), Produce a complete and viable business plan and cash flow, Agree to a personal credit check, Loan proceeds will not be used for refinancing existing debt, Discharged from bankruptcy for at least five years (if applicable), Federal, provincial, and municipal taxes are paid up to date, Not named as a party to a lawsuit, Have majority control over the applicant business and its activities, Demonstrate socially acceptable content and activities of the business, Revenue generating products or services are ready for market (not in the research and development phase)