Recently, BMO announced the Celebrating Women Grant Program’s 2024 recipients in collaboration with Deloitte. This program is an initiative that intends to empower female business owners as well as entrepreneurs in order to make real financial progress.
In 2024, the firm has awarded grants totalling $150,000 to 15 businesses that are owned by women all across U.S. footprint that looks forward to fueling growth and innovation. It focuses on assisting those businesses which are launching newest products/services. Some of the other aspects include; businesses should be expanding to new markets or workforce expansion.
BMO Group Head, North American Personal and Business Banking Erminia (Ernie) Johannson stated, “These remarkable women business owners have demonstrated a talent for innovation and shown incredible resilience in driving progress for their businesses. At BMO, we're committed to supporting woman entrepreneurs by providing the resources and tools they need to succeed. This year's grant recipients' stories of impact are a testament to the power of their determination, and we're proud to help them make real financial progress as they continue to achieve their bold growth objectives.”
BMO Celebrating Woman Grant Program U.S. Advisory Judge and DreamSpring Head of Stakeholder Engagement, Amber Kani added, “The BMO Celebrating Women in Business Grant Program elevates the powerful voices of female entrepreneurs. As judges, we had the privilege of engaging with stories about innovation, overcoming adversity, and envisioning a better future for our families. This year we had a phenomenal pool of applicants, and we are so proud of each business owner. Together, we can rally behind women in business and build new paths to prosperity in our communities.”
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