Federation of African Canadian Economics (F.A.C.E.)

$30,000,000.00 CAD

≈ $0.72 for every person in Canada ≈ 388 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
Black Entrepreneurship Program
Recipient country
Canada
Fiscal year
2025-2026
Agreement period
April 1, 2025 – March 31, 2030
Reference
ic:033-2025-2026-Q3-515592

Published purpose

Provide the Loan Fund Administrator funding for its operations to help the Board of Directors in its adjudicating, disbursing and servicing of loans to Black entrepreneurs and business owners.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions