Fonds Afro-Entrepreneurs

Fonds Afro-Entrepreneurs (FAE) is a national fund created in 2021 as a key component of the Government of Canada's Black Entrepreneurship Program. Managed by Groupe 3737 in partnership with Filaction and the Caisse d'économie solidaire Desjardins, its mission is to contribute to Canada's economic development by offering financing, in the form of loans ranging from $5,000 to $250,000, and dedicated support services to Black entrepreneurs across the country to help them start, grow, and succeed in their business ventures.