BMO Celebrating Women Grant Program

By mmuise
Description:

The BMO Celebrating Women Grant Program is designed to provide an additional source of financial aid to women-owned businesses.
BMO is inviting Canadian women business owners to apply for one of 12 grants by sharing their high-level business growth plans. Any type of business growth will be considered be it new products/services, new markets, etc.


Comments on Funding:

Twelve grants worth 150,000 are awarded: the highest grant awarded to one is $20,000, 4 grants of $15,000, and 7 grants of $10,000.

Deadline: Next deadlines to be determined.
Eligibility:

The applicant must be:

  • a resident of Canada who (at the time of participation, selection and fulfillment):
    a) has reached the legal age of majority in its province/territory of residence;
    b) is not an employee, representative or agent (or domiciled with any such person, whether related or not) of the Sponsor, its associated and affiliated entities, advertising/promotion agencies or any other individual(s), entity or entities involved in the development, production, implementation, administration, judging or fulfillment of the Program (collectively with the Sponsor, the “Program Parties”);
    c) has not received a grant from any previous BMO Celebrating Women Grant Program; and
    d) has the unencumbered authority to:
    (i) participate in the Program on behalf of the Eligible Small Business; and
    (ii) legally bind the Eligible Small Business – including, without limitation, to these Terms and to any other required documentation as contemplated in these Terms.
  • an “Eligible Small Business” that is a corporation, organization, partnership or sole proprietorship that meets all of the following criteria:
    a) must be fifty percent (50%) or more owned and controlled by a woman, women and/or by an individual or individuals who self-identify as women;
    b) must be a for-profit business that has been in operation selling a product or service for a minimum of two (2) years as of the established deadline;
    c) must be an active and operational business that lawfully operates in Canada in accordance with all applicable laws, licenses and regulations;
    d) must have annual revenue of fifty thousand Canadian dollars ($50,000 CAD) or more;
    e) must have fifty percent (50%) or more of its annual revenue tied to business sales with Canadian businesses and/or Canadian consumers; and
    f) must have its head office or principal place of business located in any province or territory of Canada.
Application Steps:

Applicants must complete and submit their online application.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Applications for the BMO Celebrating Women Grant Program – Canada 2022 are now closed. Since 2012, BMO has recognized the achievements and contributions of over 240 women through the BMO Celebrating Women Program.

About the author
mmuise