(Webinar) Black Business Loan Funding Investment Readiness Program (BEBC)
February 10 @ 12:00 PM - 1:00 PM
Stable funding is the key to your business start, growth, expansion and success.
*Information session*
Apply to Join the Black Business Loan Funding | Investment Readiness Program
Program Highlights
This program prepares Black Businesses across Canada for the application of loans and grants, while also providing comprehensive wraparound support to ensure you succeed.
Step 1 | Pre-Loan Care (12 weeks)
- Access regular meetings with a mentor to help with pre funding preparation
- Get assistance with business clean-up like name registration, business bank accounts, tax rules, and instruction on incorporation vs sole proprietorship
- Access financial clinics that cover cash flow projections, P & Ls, financial landscapes, Asset to debt ratios and more
- Access assistance with tax filing to ensure there are no taxes owing
- Learn financial literacy, including credit score numbers, managementGet assistance with a business plan/Business Model Canvas
- And more…
Step 2 | Loan application process (4 weeks)
- Schedule Meetings during loans applications to support your application
- Get expert recommendations on how to choose the right bank, investor or grant for your business
- Develop a loan management strategy
Step 3 | Post-loan Wraparound Services (up to 1-year)
- Access monthly coaching or training meetings, custom-built for your needs around post-loan care
- Get support for things like capacity building, training and education, certifications, diversity supplier networks, co-marketing, business digitization, and professional services support
Who is Eligible?
Criteria and qualifications will differ depending on the stage of business, size of loans, etc. Each business is unique in its needs. We will support business owners to ensure they meet the criteria required to access funding.