Federation of African Canadian Economics (F.A.C.E.)Fédération Africaine Canadienne Économique (F.A.C.E.)
$30,000,000.00 CAD
- Program
- Black Entrepreneurship Program
- Recipient country
- Canada
- Fiscal year
- 2021-2022
- Agreement period
- May 1, 2021 – March 31, 2025
- Reference
- ic:033-2021-2022-Q2-513744
Published purpose
Provide the Loan Fund Administrator assistance to help the Board operationalize into a loan fund that can begin adjudicating, disbursing and servicing loans to Black entrepreneurs and business owners.
In plain English AI-generated
This federal contribution provides $30 million to the Federation of African Canadian Economics to help operationalize a loan fund that will adjudicate, disburse, and service loans to Black entrepreneurs and business owners in Canada.
Category: Other Primarily funds activity in Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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