Trade uncertainty: Explore resources and tools for your business.

Trade uncertainty: Explore solutions, resources, and tools for your business.

Black Entrepreneurs Fund

We believe that Canada's Black entrepreneurs represent an extraordinary opportunity —for both economic impact and exceptional returns. We are committed to investing in high-potential companies and transforming them into sustainable pillars of their communities.

We are equally committed to building a community of forward-thinking investment partners, expanding capital access for Black entrepreneurs. Our disciplined investment approach and strategic partnerships aim to foster the next generation of Canadian business champions.

Investing in community growth

The Black Entrepreneurs Fund (BEF) is a $100 million equity fund dedicated to supporting Black-led businesses with strong growth potential and promising business models. We seek businesses with high-potential and/or strong fundamentals that can benefit from our network of partners and strategic growth initiatives.

Our focus

  • To partner with Black entrepreneurs to build long sustainable pillars of the community
  • To propel high-potential companies with capital, expertise, and strategic momentum
  • To drive innovation, build community wealth, and deliver strong performance

Who is this fund for

We make early-stage capital investments in high-potential companies and breakthrough ideas positioned for significant scale.

  • Early-stage venture capital for companies with demonstrated market traction or breakthrough technology
  • Outstanding founding teams
  • Large market opportunities
  • Strong scalability potential

We also invest in profitable businesses with growth potential through:

  • Minority growth investments and 
  • Entrepreneurship Through Acquisition (ETA) - helping entrepreneurs acquire established businesses

Bridging gaps and driving innovation

Our disciplined investment approach focuses on creating lasting economic impact.

Mission-driven

Through our Fund, we aim to invest in Black-led businesses with strong growth potential

Innovation

Supporting trailblazing ideas and transformative solutions from Black-led ventures

Partnership

We work with entrepreneurs to scale ventures or acquire an established business – building long-term value together

Let’s talk

Whether you're seeking investment capital or interested in business acquisition opportunities

Our team

BDC employee Jason Baibokas
Jason Baibokas

Managing Director

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Alice Luo

Associate

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Teslim Ogundiran

Associate

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