BMO Announces 10 Recipients of $100,000 Grant Program for Gals-Owned Corporations

TORONTO, Nov. 19, 2020 /CNW/ – To mark Women’s Entrepreneurship Working day, BMO Financial Group right now announced the 10 recipients of its $100,000 grant software. As section of its longstanding motivation to assisting the improvement of girls, the new grant plan celebrates Canadian girls business owners’ innovation and resilience all through the pandemic.

To assist with the grant recipient collection process, BMO collaborated with important strategic partners to set up an advisory committee and judging panel consisting of leaders from GroYourBiz, Women of all ages Presidents’ Organization (WPO), Women of all ages Get On Board, Women of all ages Small business Enterprises Canada Council (WBE Canada), Women Entrepreneurship Understanding Hub, and Deloitte.

Just about every business enterprise will get $10,000 and have the option to acquire ongoing aid via one of the bank’s partners, including a a single-year membership with a peer advisory team for girls organization proprietors and a one particular-12 months certification with Gals Company Company Canada.

The BMO Celebrating Girls 2020 Grant Recipients are:

  • Ayanna Lee Rivears, Socacize Exercise: Socacize Physical fitness is a creative blend of Caribbean and African dance tactics, with helpful health actions.
  • Dr. Irit Van-Ham and Dr. Monika Yazdanian, ToeFX Inc.: Started by two researchers, ToeFX is pushed by innovation with a eyesight to generate the world’s most productive foot care solutions.
  • Kim Knight and Shanelle McKenzie, The Villij: The Villij results in an inclusive, accessible, and nurturing local community for girls of color to connect, recover and expand. It presents overall health and wellness companies, which include yoga, meditation, going for walks golf equipment, discussions, and workshops.
  • Meghan Peters and Kristin Verbeek, Lathered Cleaning Business Inc.: Established in 2013, Lathered Cleaning makes use of only organic cleansing products and solutions and is dedicated to providing time back again properly and properly to other busy men and women.
  • Pam Fanjoy, Supporter/Joy: Chef Pam’s culinary passion has led her to make a line of Gourmet To Go ready foods, the junior chef culinary and daily life abilities packages and the youth-run café and market to enable make improvements to the physical, psychological and spiritual properly-remaining of neighborhood youths and families.
  • Pooja Rao, bought BALLZ Inc.: With a purpose to produce higher quality merchandise, manufactured with the utmost treatment from regionally sourced components, acquired BALLZ re-invents snacks and foodstuff we really like with a healthful twist.
  • Pooja Viswanathan, Braze Mobility Inc.: Braze Mobility has made the world’s to start with blind-place sensor system for wheelchairs, which quickly detects obstructions and presents multi-modal alerts (visible, vibration, and/or audio responses) to the driver.
  • Rebecca Taylor, Prepared to go Food items Inc.: With a enthusiasm for cooking and Caribbean flavours, Prepared to go Meals allows those people with fast paced life to love healthy, Caribbean flavoured foods in their very own kitchen.
  • Robyn Ledoux, A Contact of Well being: Released in 2009, A Contact of Wellbeing began as a very simple one particular-female massage treatment clinic. Because then, the organization has grown to use 10 persons and has diversified to involve a wellness food café, A Style of Overall health.
  • Shehreen Zaman, Math Challenge: Math Task offers students the possibility to strengthen their math techniques via on-web-site and on the internet interactive periods with a qualified workforce of tutors.

“A massive part of supporting the improvement of gals is celebrating the contributions manufactured by gals leaders, entrepreneurs and mentors in area communities,” reported Erminia (Ernie) Johannson, Team Head, North American Private and Company Banking, BMO Fiscal Group. “We’re proud to identify these women and their skill to innovate in their firms and persevere throughout this challenging time. Congratulations to this year’s honourees on all their achievements.”

Due to the fact its inception in 2012, BMO Celebrating Ladies has honoured additional than 180 women in communities across Canada and the United States. In addition to the new grant software, BMO has made plans and invested in answers to aid females business owners. The financial institution committed to creating $3 billion in cash readily available to females-owned companies throughout Canada around 3 decades, has embedded range-focused procurement courses, and has produced a new women’s enterprise directory.

“These girls – who have clearly shown unrelenting push and resilience all through this very last yr – are necessary not only to our overall economy, but to the upcoming of Canada their achievements can’t be overstated,” stated Linda Blair, Taking care of Associate, Ontario, Deloitte Canada. “Deloitte is very pleased to aid BMO in recognizing the value of these entrepreneurs, to elevate their accomplishment, and to assistance them prosper at just about every step alongside the way.”

To learn more about the grant recipients and BMO Celebrating Women of all ages, check out and join the social dialogue applying #BMOforWomen.

About BMO for Gals
BMO is fully commited to supporting initiatives that empower gals within its workforce and the communities the bank serves. BMO has partnered with businesses this kind of as the Women Presidents’ Firm, GroYourBiz, Girls Enterprise Enterprises, and Gals Get On Board to present know-how, leadership, know-how, and alternatives for females to network and study. In 2018, BMO declared $3 billion in capital readily available about 3 several years particularly for Canadian companies owned by women of all ages. Through the only financial institution-owned recognition system for women of all ages in North America – BMO Celebrating Women of all ages – BMO celebrates thriving gals who have supplied back to their communities or attained success in business. Considering the fact that 2012, BMO Celebrating Ladies has honoured far more than 180 women of all ages in communities across Canada and the United States.

About BMO Money Group 
Serving customers for 200 yrs and counting, BMO is a hugely diversified financial products and services provider – the 8th premier lender, by belongings, in North The united states. With full property of $974 billion as of July 31, 2020, and a group of assorted and extremely engaged workers, BMO supplies a broad range of own and commercial banking, prosperity administration and expense banking products and solutions and expert services to additional than 12 million shoppers and conducts organization as a result of three functioning teams: Private and Professional Banking, BMO Wealth Administration and BMO Funds Markets.

About Deloitte
Deloitte delivers audit and assurance, consulting, fiscal advisory, risk advisory, tax, and similar companies to community and personal customers spanning several industries. Deloitte serves 4 out of 5 Fortune Global 500® corporations via a globally linked community of member corporations in extra than 150 international locations and territories bringing entire world-course capabilities, insights, and support to deal with clients’ most advanced business enterprise troubles. Deloitte LLP, an Ontario limited legal responsibility partnership, is the Canadian member company of Deloitte Touche Tohmatsu Constrained. Deloitte refers to one particular or much more of Deloitte Touche Tohmatsu Confined, a British isles personal company restricted by guarantee, and its community of member firms, just about every of which is a lawfully independent and unbiased entity. Remember to see for a in depth description of the authorized framework of Deloitte Touche Tohmatsu Limited and its member corporations.

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Resource BMO Fiscal Team

For further information: For News Media Inquiries: Olivia Fraczkowski, BMO Economical Group, Toronto, [email protected], (416) 867-3996