Empowering Black Entrepreneurs in Brampton with funding through FACE

At the Federation of African Canadian Economics (FACE), they aim to drive generational wealth powered by sustainable economic resources, capacity and strategic partnerships.

FACE is a national and bilingual Black-led non-profit organization focused on providing resources and information to Black Businesses across Canada to accelerate wealth creation for Canadians of African descent.

Founded in 2021, in partnership with the Federal Government of Canada, FACE created a Black Entrepreneurship Loan Fund to help Black business owners access capital investments, working capital, or additional business resources for expansion. FACE has several partners that assist further the mission of providing Black Canadians with the necessary resources, knowledge, and confidence to operate successfully as Black entrepreneurs and thrive as a community.

Black Entrepreneurship Loan Fund (BELF) - This program supports Black business owners by providing loans ranging from $10,000 to $250,000. It's designed to enhance access to capital and promote growth within Black-owned businesses.
Micro Loan Program - In partnership with Alterna Savings and Vancity credit unions, this program provides loans ranging from $10,000 to $25,000 to Black entrepreneurs in Ontario and British Columbia.
Loan Program - Administered with the Government of Canada and the Business Development Bank of Canada (BDC), this program offers loans from $25,000 to $250,000. The Government of Canada funds loans between $25,000 and $100,000, while BDC funds loans from $100,000 to $250,000.

For more details, visit the FACE Coalition

ABOUT PRESENTER
Priscilla Iyari, Regional Marketing & Comms Outreach Officer, is an astute Brand and Marketing Communications Professional. Over the past 14 years, she has worked with teams across 16 countries to build several local and global brands across industries, such as: Financial Services, Technology, Community Impact, Sustainability, FMCG, Non-Profit, and Sports.

She is an alumnus of the prestigious Cannes Young Lions Award in France, and the Atlas Corps Virtual Leadership Institute. She was also recently recognized by the UN Women and UNDP for her contributions to driving gender equality, as well as other Sustainable Development Goals in the Private Sector.

When she's not working drive economic empowerment for black entrepreneurs through her work at FACE Coalition, then she's definitely doing some 'jollof rice tasting', binge-watching RomComs on Netflix, or exploring different parts of the world with her best friend, Ewere.

Host or Publisher Brampton Entrepreneur Centre