Sustainability is fundamental to BMO’s Purpose to Boldly Grow the Good in business and life. In line with BMO’s commitment to direct capital to achieve positive sustainability impacts, applicants for the 2021 BMO Celebrating Women Grant Program will be evaluated for their contribution to social, environmental and/or economic sustainability outcomes.
Looking for fully-funded opportunities, install the Youth Opportunities Android or iOS App here.
Applicants are asked to demonstrate how they are creating positive impacts, or minimizing negative impacts, for their customers, communities, employees and/or other stakeholders. Impacts can be generated through an organization’s policies, practices or products, where these advance sustainability objectives such as those of the Sustainable Development Goals (SDGs).
Benefits
Top 10:
Each confirmed Recipient who achieved a Top 10 Stage 3 Score will receive:
- $10,000 CAD (payable to the Eligible Small Business);
- One (1) BMO Celebrating Women Personalized Crystal Vase;
- A profile on BMOforWomen.com and certain BMO social channels (as determined by BMO in its sole and absolute discretion).
- The total approximate retail value of each Grant is $10,200 CAD.
Runner-Up:
Each confirmed Recipient who achieved a Stage 3 Score in eleventh to eighteenth place will receive:
- $2,500 CAD (payable to the Eligible Small Business);
- One (1) BMO Celebrating Women Personalized Crystal Vase;
- A profile on BMOforWomen.com and certain BMO social channels (as determined by BMO in its sole and absolute discretion).
Eligibilities
Having an account with BMO is not required to participate and will not increase or otherwise impact your opportunity to receive a Grant (as defined below in Section 9). The Program is open to residents of Canada who (at the time of participation, selection and fulfillment):
- have reached the legal age of majority in their province/territory of residence;
- are 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”);
- did not receive a grant from the BMO Celebrating Women Grant Program in 2020;
- have the unencumbered authority to:
- participate in the Program on behalf of the Eligible Small Business;
- legally bind the Eligible Small Business – including, without limitation, to these Terms and to any other required documentation as contemplated in these Terms.
For the purposes of the Program, an “Eligible Small Business” is a corporation, organization, partnership or sole proprietorship that meets all of the following criteria:
- must be fifty-one percent (51%) or more owned and controlled by a woman, women and/or by an individual or individuals who self-identify as women;
- 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 January 1, 2021;
- must be an active and operational business that lawfully operates in Canada in accordance with all applicable laws, licenses and regulations;
- must have annual revenue of ten million Canadian dollars ($10,000,000 CAD) or less;
- 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 ten million Canadian dollars ($10,000,000 CAD) or less;e. must have fifty percent (50%) or more of its annual revenue tied to business sales with Canadian businesses and/or Canadian consumers;
- must have its head office or principal place of business located in any province or territory of Canada.
Application Process
- To be eligible, an Application must be submitted by an Applicant through the Website in accordance with the on-screen instructions and prompts on the Website. Applications will not be accepted by any other means. BMO encourages each Applicant to carefully review the Website for more details regarding the submission process for the Program.
- There is a limit of one (1) Application per Eligible Small Business. Note, however, that the same Applicant can submit an Application in relation to more than one (1) Eligible Small Business but, in any such case, would only be eligible to receive one (1) Grant (as defined below in Section 9) under the Program.
- If it is discovered by BMO (using any evidence or other information made available to or otherwise discovered by BMO) that any individual and/or entity has attempted to use any means not in keeping with BMO’s interpretation of the letter and/or spirit of these Terms to enter or otherwise participate in or to disrupt the Program; then such individual and/or entity may be disqualified from participating in the Program in the sole and absolute discretion of BMO.
- BMO will share anonymized information from Applications with external research partners as part of a research study to understand the sustainability impacts of Eligible Small businesses.
- Apply online through the Apply Now link.
Looking for fully-funded opportunities, install the Youth Opportunities Android or iOS App here.
Application Deadline: August 13, 2021
Application ClosedOfficial link
