the pitch

Melamoon is about more than funding 

It is about shared power, collective growth, and building an ecosystem where Black entrepreneurs can lead on their own terms.

$200,000 in non-dilutive cash prizes

1st place

$100,000

public choice award

$25,000

3rd place

$25,000

2nd place

$50,000

THE phases

Melamoon, created by FACE and powered by Interac, provides capital and training to Canadian-based entrepreneurs growing early-stage businesses across consumer products & services, healthcare, media & entertainment, technology, and AI. Together, we’re helping close the opportunity and wealth gap by reducing barriers to accessing capital and positioning diverse founders to excel uninterrupted.

Our goal is to fund bold ideas and create more equitable access to the resources founders need to grow and thrive.

  • Business must be at least 51% owned and operated by individuals who identify as Black or of African descent

  • Founder and business must be based in Canada

  • Business operating for less than 10 years

  • Annual revenue under $1,000,000

A gold dusted moon crescent blurred with a grainy texture.

Eligibility Criteria

  • Has not raised more than $1,000,000 in dilutive capital

  • Operating in consumer products and services, healthcare, media and entertainment, technology, or AI

  • No direct affiliation with large corporations, investment funds, or government entities

  • Founders and immediate family members cannot be employed by FACE or BLAXPO and/or their affiliates, partners, or sponsors

All eligibility decisions are made at the discretion of FACE

apply now FOR toronto

Applications close on July 18, 2026, at 9:00 PM EDT