BMO, in collaboration with Deloitte, has announced the 2024 launch of its annual BMO Celebrating Women Grant Program. The initiative is dedicated to helping U.S. women-owned businesses make real financial progress. Erminia (Ernie) Johannson, Group Head, North American Personal and Business Banking, stated, "Each year, the BMO Celebrating Women Grant Program helps inspire women-led businesses to thrive in their communities and make progress." The program invites women business owners to apply for one of its 15 grants by sharing their business growth plans that satisfy specific requirements.
Deloitte's Vice Chair and Chicago Managing Partner, Kathy Scherer, expressed pride in the collaboration with BMO, stating, "We hope these grants give women leaders from all backgrounds the support they need to help grow their businesses and give a boost to the communities where they operate."
Applications for the grants are open from April 30 to May 14, and recipients will be awarded $10,000 each, receive support from a BMO business advisor, and gain access to additional resources to support their business' financial progress.
Since its inception in 2020, the program has provided 56 women-led business owners across North America with over half a million dollars in grant funding with support from Deloitte.
BMO has a longstanding commitment to breaking down barriers to advance women's empowerment, advocate for their growth, and foster inclusivity by meeting their unique needs. The bank is dedicated to driving positive change in the world and making progress for a thriving economy, sustainable future, and inclusive society.
To learn more about the BMO Celebrating Women Grant Program, visit www.bmoforwomen.com.