Demos
Petition e-7866 Open for signature

Asks the federal government to make the Black Entrepreneurship Program permanent with stable, multi-year funding. It also asks that the program's Ecosystem Fund, Loan Fund and Knowledge Hub be funded at levels that match demand, that outcomes be reported publicly, and that a Portfolio Management Office be supported to coordinate Black-led business organizations.

Asks the federal government to make the Black Entrepreneurship Program permanent with stable, multi-year funding. It also asks that the program's Ecosystem Fund, Loan Fund and Knowledge Hub be funded at levels that match demand, that outcomes be reported publicly, and that a Portfolio Management Office be supported to coordinate Black-led business organizations.

EconomicIdentity

Sponsored by Amandeep Sodhi (Brampton Centre) · Liberal

What it means for you

Black entrepreneurs could have more predictable access to loans, mentorship and training, with fewer gaps in service between funding cycles. Federal spending would become an ongoing commitment to a program aimed at one community.

190 signatures +141 past week

Recent daily signatures

Sign by February 24, 2027
The full petition text

Black entrepreneurs in Canada continue to face well-documented barriers to accessing capital, networks and business support;

Since 2021, the Black Entrepreneurship Program has supported more than 24,000 Black entrepreneurs, and its Loan Fund has approved 801 loans worth more than $70.6 million. Yet it has not been made permanent dispite promises made in campaigns;

The Program's Ecosystem Fund enables trusted Black-led, community-based organizations to deliver mentorship, training, financial coaching and advisory services across the country;

The Program relies on time-limited funding cycles, most recently $189 million for 2025 to 2030, and gaps between cycles disrupt services, cost organizations skilled staff and stall entrepreneurs' progress; and

Stable investment in Black-owned businesses creates jobs, expands the tax base and strengthens Canada's economic resilience.

We, the undersigned,citizens and residents of Canada, call upon theGovernment of Canadato1. Make the Black Entrepreneurship Program a permanent program with ongoing, stable funding; 2. Maintain all three pillars of the Program, the Ecosystem Fund, the Loan Fund and the Knowledge Hub, at funding levels that reflect demand; 3. Provide Black-led delivery organizations with predictable multi-year funding agreements and timely decisions to prevent gaps in service; 4. Report publicly on the Program's outcomes to measure its long-term impact on Black entrepreneurship in Canada; and 5. Support the Black Entrepreneurship Ecosystem Coalition in establishing a Portfolio Management Office to coordinate delivery among Black-led business organizations.

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