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  • successful black business owner successful black business owner successful black business owner

    BMO Announces More Than $40 Billion Community Benefits Plan to Address Key Barriers Faced by Minority Businesses, Communities, and Families

    Read More
  • African American business owner African American business owner African American business owner

    Minority-Owned Businesses

    Through our $5 billion commitment, BMO EMpower is dedicated to helping minority-owned businesses thrive and achieve equality.

    Minority-Owned Businesses

    Through our $5 billion commitment, BMO EMpower is dedicated to helping minority-owned businesses thrive and achieve equality.

  • Hispanic Woman Business Owner Hispanic Woman Business Owner Hispanic Woman Business Owner

    The BMO EMpower Investment Fund dedicates $30 million in capital to support women-, Black- and Latinx-owned companies across the U.S. and Canada

    The BMO EMpower Investment Fund dedicates $30 million in capital to support women-, Black- and Latinx-owned companies across the U.S. and Canada


BMO Empower

BMO EMpower is a five-year, $5 billion commitment to breaking down the barriers that prevent businesses from accessing financial services. It’s not enough to simply understand the obstacles minority-owned businesses often face. When it comes to championing equity, we don’t just talk the talk—we back our words with tangible efforts that positively impact individuals and communities. Our experts cover a variety of industry sectors and access a vast network of business and community leaders, so business owners can be confident they’re partnering with a team committed to delivering the solutions, insights and guidance tailored to their needs.

 

BMO Social Impact Fund

We also know that achieving true equity starts with addressing the issues that disproportionately impact communities of color. That’s why the BMO EMpower Fund is committed to making investments that address longstanding racial and gender gaps in wealth, education, healthcare and job creation. It includes dedicating $30 million in capital to support women-, Black- and Latinx-owned companies across the U.S. and Canada, providing these businesses with the financial resources they need to grow and scale their businesses.


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Minority-Owned Business Experts

Eric Smith View Profile

Eric Smith

Vice Chair, BMO Commercial Bank

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Eric is responsible for working with the U.S. Commercial Banking team and across other lines of business to develop the bank’s strategy and product capabili...(..)

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Area of expertise: minority owned businesses

Levoi Brown View Profile

Levoi Brown

Managing Director, Head, Economic Equity Advisory Group

312-461-2508

312-461-2508

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Levoi Brown is Managing Director and Head of the Economic Equity Advisory Group for BMO Commercial Bank.  In this role, Levoi leads an experienced team of ad...(..)

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Area of expertise: minority owned businesses: helping businesses, minority owned businesses

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Banking products and services are subject to bank and credit approval. BMO Harris Bank N.A. Member FDIC. BMO Commercial Bank, BMO Equipment Finance and BMO Transportation Finance are trade names used by BMO Harris Bank N.A. BMO Sponsor Finance is a brand name used by BMO Financial Corp and its affiliates.

Please note important disclosures for content produced by BMO Capital Markets. BMO Capital Markets Regulatory | BMOCMC Fixed Income Commentary Disclosure  |  BMOCMC FICC Macro Strategy Commentary Disclosure  |  Research Disclosure Statements.

BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. (authorised and regulated by the Central Bank of Ireland) in Europe and BMO Capital Markets Limited (authorised and regulated by the Financial Conduct Authority) in the UK and Australia.

The material contained in articles posted on this website is intended as a general market commentary. The opinions, estimates and projections, if any, contained in these articles are those of the authors and may differ from those of other BMO Commercial Bank employees and affiliates. BMO Commercial Bank endeavors to ensure that the contents have been compiled or derived from sources that it believes to be reliable and which it believes contain information and opinions which are accurate and complete. However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. These articles are for informational purposes only.

This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Harris Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.

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To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. L. 107 56 (signed into law October 26, 2001)) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask you to provide a copy of your driver's license or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third-party vendors. If the requested information is not provided within 30 calendar days, the account will be subject to closure.