{"id":380,"date":"2020-09-28T14:42:39","date_gmt":"2020-09-28T14:42:39","guid":{"rendered":"https:\/\/edpwinnipeg.com\/?post_type=news&#038;p=380"},"modified":"2020-09-28T19:56:31","modified_gmt":"2020-09-28T19:56:31","slug":"federal-government-launches-black-entrepreneurship-program","status":"publish","type":"news","link":"https:\/\/edpwinnipeg.com\/?news=federal-government-launches-black-entrepreneurship-program","title":{"rendered":"Federal Government launches Black Entrepreneurship Program"},"content":{"rendered":"<div>The Government of Canada announced a new program that will support Black Canadian entrepreneurs for the foreseeable future.<\/div>\n<div><\/div>\n<p><!--more--><\/p>\n<div><\/div>\n<div>The <a href=\"https:\/\/pm.gc.ca\/en\/news\/news-releases\/2020\/09\/09\/prime-minister-announces-support-black-entrepreneurs-and-business\" target=\"_blank\" rel=\"noopener noreferrer\">Black Entrepreneur Program<\/a> will assist thousands of Black business owners across the country and Canada will invest $221 million in partnership with Canadian financial institutions, in addition to $93 million over the next four years, according to a release from <a href=\"https:\/\/wecm.ca\/\" target=\"_blank\" rel=\"noopener noreferrer\">Women&#8217;s Enterprise Centre.<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>The initiative includes:<\/div>\n<div><\/div>\n<ul>\n<li>Up to $53 million to develop and implement a new\u00a0National Ecosystem Fund\u00a0to support Black-led business organizations across the country;<\/li>\n<li>Up to $33.3 million in support through the new\u00a0Black Entrepreneurship Loan Fund\u00a0that will provide loans between $25,000 and $250,000 for Black business owners and entrepreneurs; and<\/li>\n<li>Up to $6.5 million to create and sustain a new Black Entrepreneurship Knowledge Hub\u00a0that will collect data on the state of Black entrepreneurship in Canada. The Hub will be run by Black-led community and business organizations, in partnership with educational institutions.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/edpwinnipeg.com\/?page_id=13\" target=\"_blank\" rel=\"noopener noreferrer\">Stay tuned to our blog<\/a> for more information and news that could possibly help you and your business!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Canada announced a new program that will support Black Canadian entrepreneurs for the foreseeable future.<\/p>\n","protected":false},"author":1,"featured_media":381,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"news-category":[5,4,6],"class_list":["post-380","news","type-news","status-publish","has-post-thumbnail","hentry","news-category-covid-19","news-category-edp-winnipeg-news","news-category-entrepreneurs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Federal Government launches Black Entrepreneurship Program - 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