I thank the member for his question.
I would be pleased to talk about the Black entrepreneurship program, which the government renewed in 2024. In general terms, we have three components that we use to help Black entrepreneurs.
The first one is the Black entrepreneurship loan fund, which is available to all Black entrepreneurs through the Federation of African Canadian Economics.
Secondly—and this may answer your question more specifically—we use the ecosystem fund to finance organizations that provide support services to women entrepreneurs. This can be mentoring, sponsorship or help in writing a business plan. We work with regional development agencies across the country to provide funding for organizations that operate in urban settings and others that work more specifically in rural settings, as well as some that work in both.
Black women can also access programs for women in entrepreneurship. Some organizations, such as PARO, which operates in northern Ontario, and Alberta Women Entrepreneurs, which works throughout that province, provide services to Black women and women entrepreneurs in rural areas.
