Applications are open! BMO is offering $150,000 in grants to help U.S. women-owned businesses make progress

Female business owner

BMO, in collaboration with Deloitte, has launched its annual BMO Celebrating Women Grant Program, an initiative dedicated to helping U.S. women-owned businesses make real financial progress.

Inspired by its purpose to Boldly Grow the Good in business and life, BMO invites women business owners to apply for one of its 15 grants by sharing their business growth plans that satisfy one of the following requirements: new products and services, expanding to new markets, or hiring plans.

Applicants must have a physical presence or a headquarters mailing address in Arizona, California, Florida, Idaho, Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Texas, Utah, Washington, Wisconsin, and Wyoming (businesses located in Michigan or Texas must be within 100 miles of a BMO full-service retail branch in an adjacent state).

Applications are open April 30 to May 14.

“Each year, the BMO Celebrating Women Grant Program helps inspire women-led businesses to thrive in their communities and make progress. By breaking down traditional barriers to funding for women entrepreneurs, the grant program aligns to BMO’s Zero Barriers to Inclusion strategy. Increasing access to capital through lending, investing, and giving in our local communities creates a more vibrant economy, a sustainable future, and a more inclusive society.”

Erminia (Ernie) Johannson
Group Head, North American Personal and Business Banking

Since launching 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.

“Deloitte is proud to continue our collaboration with BMO and further our support for women-led businesses,” said Kathy Scherer, Deloitte LLP’s Central Region Market Leader and Chicago Managing Partner. “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. We look forward to seeing the progress the grant recipients achieve with this added support.”

– Kathy Scherer
Deloitte LLP’s Central Region Market Leader and Chicago Managing Partner

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, including:

To learn more about the BMO Celebrating Women Grant program, visit www.bmoforwomen.com.

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