BMO Financial Group, in collaboration with Deloitte Canada, has announced the continuation of its BMO Celebrating Women Grant Program pledging $150,000 in grants to support the high-level growth plans of 12 women-owned businesses across Canada.
Among banks in Canada, BMO has led the way by establishing a dedicated bank-wide program for women. With a decades-long commitment to removing barriers to women's empowerment, championing the advancement of women, and promoting an inclusive market, BMO has taken a close look at women's unique needs and created programs and initiatives that are important to them. BMO understands that the future depends on empowering more women.
Through the longest-standing, bank-led recognition program for women in North America – BMO Celebrating Women – and inspired by our Purpose, to Boldly Grow the Good in business and in life, including our commitment to double support for women-led businesses, BMO is inviting women business owners to share their high-level business growth plans and apply for one of 12 grants:
one grant of $20,000 CAD
four grants of $15,000 CAD
seven grants of $10,000 CAD
In addition to these grants, BMO offers a comprehensive package to all recipients that includes an exclusive webinar series focused on business growth, the opportunity to join certain organizations and/or advisory boards, a profile on bmoforwomen.com, and a BMO Celebrating Women Grant Recipient social badge.
Applications open September 26, 2022 and close October 17, 2022.
"Through the BMO Celebrating Women Grant Program, we continue to drive our commitment to close the funding gap and provide meaningful capital to women business owners," said Christine Cooper, Head, Canadian Commercial Banking. "This year, we are recognizing women-owned businesses that are boldly growing their businesses and, in turn, strengthening the Canadian economy. We are proud to offer these grants and remove barriers for women-owned businesses and help those already leading positive change in their communities to grow the good."
"Women-owned businesses are a driving force of the Canadian economy, and by providing these entrepreneurs and leaders with access to capital today, we're ensuring the prosperity of their businesses and our global competitiveness," said Linda Blair, Chief Experience Officer, Deloitte Canada. "We're pleased to be working with BMO on this initiative, not only to support women in business, but to inspire others, and we look forward to its positive impact for generations to come."