Grants & Loans For Small Businesses

And Programs

Updated May, 2024

Grants & Programs Available

SheaMoisture Dream Fund Grant-2

SheaMoisture Dream Fund Grant

SheaMoisture is giving five (5) $10,000 cash grants to five Black female-owned businesses. In addition to the grants, recipients will be provided with financial resources, networks, entrepreneurial education and business coaching support.

Deadline: May 31st, 2024

Jobber Grant

Excellence in Home Service Grant

New funding opportunity by Jobber Grant where home service businesses can apply for $10,000. 15 businesses will be awarded. There are no special requirements besides having a home service business. 

Deadline: June 12th, 2024

Grant for young businesses in Montreal

Grant for young businesses in Montreal

Get up to $15,000 to help with your start-up and growth. You can use the funds for equipment purchases, leasehold improvements, marketing expenses and working capital fund.

Note: The business must operate in Montreal, QC in order to qualify for funding.

Canada Digital Adoption Program (CDAP)

Canada Digital Adoption Program

Choose from two different grants to get access to expert advice to increase online sales, reduce costs, better manage inventory, and more. Get up to $2,400 towards adopting e-commerce or up to $15,000 towards making tech-related improvements in your business. You can also apply for up to $100,000 in interest-free loans to help realize those improvements.

Loans Available

Futurpreneur Canada

Futurpreneur Canada

Futurpreneur Canada is the only national non-profit organization that offers young entrepreneurs ages 18-39 startup loan financing and up to two years of mentorship. $60M over five years to assist young entrepreneurs with access to funding and support services.

ACBN Micro Loan Fund

ACBN Micro Loan Fund

The Black entrepreneurship loan ranges between $500 to $25,000. Terms for the loan can be up to 5 years (60 months) and the interest rate is prime + 1.25 (current prime is 2.7).

Harvest Impact

Harvest Impact

Harvest Impact offers social finance loans between $2,500 to $50,000 to businesses and projects that advance equity and sustainability. 


Empowering Black-Owned Businesses

Empowering Black-Owned Businesses

Grow your business with CIBC Black Entrepreneur Program. Apply for up to $250,000 in financing to help start, grow or take your business to the next level. 

Send us an email at and we will connect you directly with a CIBC representative. 

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