Updated June 2026 · Verified against Business Development Bank of Canada (BDC) guidelines
▲ Growing ✓ First-Timer Friendly Advance Payment Est. 2024
Loan Federal Active

BDC Inclusive Entrepreneurship Loan

Business Development Bank of Canada (BDC)
Loan Range
Up to $350,000
Ongoing
Visit Official Program →
Difficulty
Easy
Payment
Advance Payment
Trend
Growing
First-Timers
Friendly ✓
Financing share
100%
BDC Inclusive Entrepreneurship Loan provides Up to $350,000. Up to $350,000 with preferred terms for businesses 51%+ owned by women, Indigenous, or Black entrepreneurs. Applications are accepted on an ongoing basis.
Eligibility check

Do you qualify for this loan?

Get your instant eligibility verdict plus a head start on the application. Free, no account needed.

We use this program’s real eligibility rules. 4 short questions follow.

Eligibility & Details

What this program funds and who can apply

Free

Program Description

Up to $350,000 with preferred terms for businesses 51%+ owned by women, Indigenous, or Black entrepreneurs. No application fees, up to 24 months principal deferral, interest rate reduction for completing free BDC Entrepreneurship Fundamentals course. Part of a $50M BDC financing and training programme (a separate $200M is BDC Capital equity investment, not this loan).

Eligibility Requirements

  • Business based in Canada
  • 51%+ owned and operated by women, Indigenous, or Black entrepreneurs
  • Annual revenue below $3,000,000
  • Canadian citizen or permanent resident
  • Must have reached the age of majority in your province or territory of residence
Provinces
Industries
All
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Easy
Competition
Low
First-Timer
Friendly

Funding Details

Amount
Up to $350,000
Type
Loan
Level
Federal
Financing share
Up to 100% of eligible costs
Deadline
Ongoing

Program Scorecard

Competition, effort, and approval at a glance

Competition
Low
Deadline
Ongoing
Approval
Moderate
Accessibility
--/5
Competition
--/5
Approval Rate
--%
Premium See your real odds on this program — and exactly what it takes to win it.

How to qualify

Insider tips, common pitfalls, and what successful applicants look like

Premium
Insider Tip

Complete the free BDC Entrepreneurship Fundamentals course for an interest rate reduction.

Premium See what trips up most applicants for this program — and how to avoid it.

Success Profile

Premium See what successful applicants for this program actually look like.

Evaluation Criteria

Premium See exactly what lenders look for — so you know where to focus.
Premium The pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓

How BDC Inclusive Entrepreneurship Loan judges your application

What the reviewer scores, what gets applications rejected, and what to write.

Premium
Written answers1≈150 words from the funder’s limits
Can reject you5 rules

Distilled from 6 documents published by BDC Inclusive Entrepreneurship Loan: the application form, the applicant guide and the judging criteria, condensed into one brief. Updated 2026-09-02.

6 funder documents

What BDC Inclusive Entrepreneurship Loan favours

Loans and training for majority-owned women, Indigenous, Black businesses under $3 million

“Recognizing the barriers are highest, and trust is lowest, among the smallest and earliest-stage businesses, their first act was creating a new $50M program that provides loans, plus training, for businesses that are majority-owned by women, Indigenous and Black entrepreneurs and have revenues under $3 million.”

1 more, in their words

The form1 prompts shown

Your project2 sections
  1. 1 of 5How long has your business been in operation?selectionno limit
  2. 2 of 5How much are you looking to borrow?short answerno limit
Your contact information5 sections · ≈17 words
  1. 3How can we reach you?short answerno limit
  2. 4Job roleselectionno limit
  3. 5How did you hear about BDC?selectionno limit
  4. 6Othershort answer · 100 characters
  5. 7Marketing consentcheckboxno limit
Your business13 sections · ≈50 words
  1. 8Tell us about your business — underserved-community ownershipcheckboxesno limit
  2. 9Company nameshort answer · 100 characters
  3. 10Business typeselectionno limit
  4. 11Industryselectionno limit
  5. 12Othershort answerno limit
  6. 13Established inshort answer · 4 characters
  7. 14Number of employeesshort answerno limit
  8. 15Annual salesshort answerno limit
  9. 16Street addressshort answerno limit
  10. 17Cityshort answer · 80 characters
  11. 18Provinceselectionno limit
  12. 19Postal codeshort answer · 10 characters
  13. 20Countryselectionno limit
Describe your project2 sections · ≈100 words
  1. 21When do you need the funds?selectionno limit
  2. 22Tell us about your project and how the loan will be usedwritten answer · 500 characters

bar = length the funder allows, from its stated limits

2 more prompts, in the funder’s words

Judged against3 questions

  1. 1

    Is the business majority-owned, Canadian and under $3M?

    Show them Answer the ownership, sales and location questions exactly as the business stands today.

  2. 2

    Is the amount inside this loan's band?

    What to show, and the funder’s 0 criteria behind it in Premium

  3. 3

    What will the loan buy, in 500 characters?

    What to show, and the funder’s 0 criteria behind it in Premium

Where applicants failin BDC Inclusive Entrepreneurship Loan’s words

“Your business is not eligible for this loan, check out our other financing solutions.”
“For amounts of $100,000 or less, check out our small business loan.”

4 more, in the funder’s words

Premium · the rest of this brief

See all 5 rules run against your profile, every criterion the reviewer scores, and your draft laid out in this form. On every programme you match.

2 more rules that can reject you · 2 more prompts · 4 more pitfalls

$39 / month$299 / year save 36%Every program · Application workspace · 30-day money-backOr unlock this programme’s playbook alone · $19

Do you pass?5 checks

5 checks. Sign in free and we show which ones your profile already answers.

Your business

  • At least 51% owned and led?

    At least 51% owned and led by persons from an underserved community

  • Annual sales under $3M?

    Revenue of less than $3M

  • Is the business based in Canada?

    Based in Canada

2 more rules

The money

Loan amount$25,000–$350,000; $100,000–$350,000 over 24 months

$25,000 to $350,000 if the business has operated under 24 months; above $100,000 to $350,000 if it has operated more than 24 months

Preferred termsPreferred terms up to $350,000

For a limited time only, take advantage of preferred terms and conditions for loans up to $350,000. Subject to approval. Certain conditions apply.

Principal postponementPrincipal postponement up to 24 months

the option to postpone principal payments for up to 24 months

FeesNo application or annual fees

no application or annual fees

What it pays for · 3
  • Launch growth projects Purchase inventory to fulfill orders quickly, develop new products or launch a marketing campaign.
  • Purchase new or used equipment Expand and modernize your operations, and increase your production capacity and efficiency.
  • Invest in technology Purchase hardware and software, or boost revenue with a new e-commerce website.

From application to money

  1. Submit the requestSubmit request confirming eligibility
  2. BDC contacts youBDC contacts you to discuss options
  3. Apply with a specialistApply with a BDC specialist
  4. Sign and receive fundsSign agreement and receive funds
In the funder’s words · 4
Submit the request
Provide information on the business and shareholders and confirm that you meet the eligibility criteria.
BDC contacts you
one of our representatives will contact you to discuss financing options tailored to your needs.
Apply with a specialist
Fill out a loan application with a BDC specialist.
Sign and receive funds
You sign the loan agreement and BDC releases the money.

Every quotation is BDC Inclusive Entrepreneurship Loan’s own wording; lines marked ◦ are our reading of it. Brief updated 2026-09-02.

What's in this Playbook

Everything you need to secure BDC Inclusive Entrepreneurship Loan

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

Premium covers every program, plus the workspace that walks you through each application.

Application Playbook

Step-by-step process, required documents, and expenses

Premium 5 steps

Application Steps

1 Visit bdc.ca/en/financing/inclusive-entrepreneurship-loan and verify eligibility criteria

Eligible Expenses 8

Deadline Notes

Ineligible Organizations

Premium Get the step-by-step application guide — documents, timeline, and what to prepare.

Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

Premium 4 partners

Compatible Programs

Black Entrepreneurship Loan Fund (ISED/BDC) Women Entrepreneurship Strategy (WES) Ecosystem Fund Futurpreneur Canada Community Futures (CF)
Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk

Premium See which programs combine with this one — and how much more you could get.

How BDC Inclusive Entrepreneurship Loan Compares

Side-by-side with similar programs

Free
Program Amount Difficulty Payment Deadline
BDC Inclusive Entrepreneurship Loan Up to $350,000 Easy Advance Payment Ongoing
Futurpreneur Canada Startup Program Up to $75,000 Moderate Loan Ongoing
Community Futures Program — Ontario (... up to $250,000, Easy Loan Ongoing (year-round...

Related Programs

Other programs you might be eligible for

Free

Frequently Asked Questions

Quick answers to the questions founders most often ask about BDC Inclusive Entrepreneurship Loan

Free
Can I apply if my business is 50% owned by an eligible demographic?
No, you must be 51%+ owned and operated by women, Indigenous, or Black entrepreneurs. 50% ownership does not qualify for this program.
What's the realistic loan amount for a new business?
A business operating under 24 months may request from $25,000. A business operating more than 24 months must request more than $100,000; the maximum either way is $350,000.
Do I need to complete the BDC course to get the interest rate reduction?
Yes, completing the free BDC Entrepreneurship Fundamentals course is required to qualify for the interest rate reduction.
Can I combine this with the Black Entrepreneurship Loan Fund?
BDC lists the Black Entrepreneurship Loan Fund (up to $250,000, led by FACE) as a separate offer; whether it can be combined with this loan is not published.
How long is the principal deferral period?
Up to 24 months of principal deferral is available, meaning you pay only interest for the first two years.

Browse More Funding