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Gov & Employment Canada Aug 26, 2026

Ottawa invests nearly $15M for Black entrepreneurs across southern Ontario

Ottawa invests nearly $15M for Black entrepreneurs across southern Ontario

On August 26, 2026, FedDev Ontario announced nearly $15 million in non-repayable funding for nine organizations supporting Black entrepreneurs across southern Ontario, with funding running through 2030. Support covers business skills, mentorship, commercialization, and market access, including a $3.6-million CanBlack STEM Project (Nobellum received $1.2 million of it).

Why this matters for founders

Black founders in southern Ontario can apply directly to these nine delivery organizations for free mentorship, skills programs, and commercialization or STEM-commercialization support rather than paying for accelerators. Reach out now while the 2026-2030 funding is active.

Source: Government of Canada (FedDev Ontario)

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