BMO Continues Support For Women Entrepreneurs by Extending $3 Billion in Capital Over Three Years
BMO Continues Support For Women Entrepreneurs by Extending $3 Billion in Capital Over Three Years |
[20-June-2018] |
TORONTO, June 20, 2018 /CNW/ - BMO Bank of Montreal today announced it is committed to advancing $3 billion in capital to women-owned businesses across Canada over the next three years. The announcement builds on BMO's commitment of $2 billion in credit for business owners announced in 2014 and follows its recent partnering with Carleton University and The Beacon Agency to release Everywhere, Every Day Innovating: Women Entrepreneurs & Innovation. The BMO report along with the Canada-U.S. Council for the Advancement of Women has identified access to capital and credit as a significant issue for women entrepreneurs. The BMO study also highlighted the greater need of recognizing women's innovations both in and out of the technology sector. The report included a discussion on funding opportunities for Indigenous female business owners. "BMO is deeply committed to helping women entrepreneurs grow their businesses and strengthen their communities with capital, other financial products and advisory services which will ultimately support these leaders in creating new jobs and opportunities," said Dev Srinivasan, Senior Vice President and Head, Canadian Business Banking, BMO Bank of Montreal. "We are proud to go beyond solely providing banking services to female business owners by investing in research, creating innovative educational platforms and sponsoring business-related conferences and seminars with a focus on Canada's women entrepreneurs." To continue supporting women entrepreneurs, BMO will be rolling out the following initiatives in the coming months:
Backgrounder BMO has a long history of championing the advancement and visibility of women entrepreneurs through a number of key initiatives, including:
About BMO and Women Entrepreneurs For more information about BMO for Women, please visit: bmoforwomen.com and join the social conversation using #BMOforWomen. About BMO Financial Group SOURCE BMO Financial Group | ||
Company Codes: NYSE:BMO, Toronto:BMO |
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