How to Apply to the Black Entrepreneurship Loan Fund – FACE Info Session [West & Ontario/Quebec]

412 joined us on our 1st Face2Face National tour last week! Now that the Black Entrepreneurship Loan Fund has been strengthened from $158M to $291.3M, we need to talk! At FACE we believe in the power of the “Micro”. Challenges & opportunities in Toronto are not the same as in Edmonton or Surrey. As such, we want to provide details on the new budget, the criteria & conditions for the newly Launched fund in a “Micro-Approach”. This video is the combination of 2 live anglophone Zoom info sessions that were held this month to answer all your questions on the Black Entrepreneurship Loan Fund (BELF).

➤ Lien vers la session d’information en FRANÇAIS:

TIME STAMPS:
00:00 Intro
02:44 Hosts – Robert Tyndale & Ross Cadastre
03:57 Opening Remarks from Tiffany Callender (CEO of FACE)
05:45 Opening Remarks from Nadine Spencer (Regional Partner FACE, BBPA)
08:11 Opening Remarks from Michael Pinnock (BBPA)
10:13 Opening Remarks from Sharif Haji (Regional Partner FACE, Africa Centre)
14:52 FACE Powerpoint Presentation by Tiffany Callender
26:58 Victor Paris (CLO of FACE)
30:00 Biniam Habteab (ELO, Western Canada)
33:57 Ken Birch (ELO, Ontario)
35:25 Ese Samuel (ELO, Ontario)
36:26 Lille Pascalle Kenah (ELO, Quebec)
38:32 Black Entrepreneurship Loan Fund (BELF) – Criteria & Program Details
45:25 Q&A!!
46:08 How to get involved in FACE’s Board of Directors?
47:09 What are the delays for responses and loan approvals?
48:38 Do I have to be a member of FACE to apply to the loan?
51:06 Can I apply to the program under multiple businesses?
51:40 How do questions about demographic and other data factor into my loan application?
53:26 Are Startups eligible? What do they have to provide to apply to the loan?
55:44 Who is eligible under the Black Entrepreneurship Loan Fund?
56:50 How does the FACE funding process differentiate itself from the traditional lending model?
58:56 Does FACE have a networking aspect to it?
01:00:06 Where to leave your remaining questions?
01:01:30 Closing Remarks
01:05:49 Outro
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➤ For business inquiries: [email protected]
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ABOUT FACE:
The Federation of African Canadian Economics is a coalition of black-led organizations dedicated to stimulating economic growth and creating generational wealth for Canadians of African Descent.

#1FACE #FaceCoalition #blackentrepreneurs #blackbusinessowners #blackwealth #BEP

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