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Minority-Owned Businesses

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  • 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.

  • EMpower Commitments EMpower Commitments EMpower Commitments

    Over $2 Billion

    in Commitments

    in the first year of

    BMO EMpower

    Over $2 Billion

    in Commitments

    in the first year of

    BMO EMpower

  • 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

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.

 

BMO EMpower is a five-year, $5 billion commitment to breaking down the barriers that prevent businesses from accessing financial services. 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.

 

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.

 

And with our expertise in a variety of industry sectors, as well as access to a vast network of business and community leaders, business owners can be confident they’re partnering with a team committed to delivering the solutions, insights and expert guidance tailored to their needs.

segment-icon Helping Businesses
banker default image Raquel Filmanowicz
phone icon 414-526-3718
email icon Send Message
banker default image Levoi Brown
phone icon 312-461-2508
email icon Send Message

The BMO Empower team of experts is ready to help deliver BMO’s full range of services to help support your minority-owned business. Whether you need to maximize your working capital, manage your treasury operations, finance an acquisition or expand internationally, you can be confident you’re working with a partner that’s dedicated to helping your business thrive.


segment-icon Helping Communities

Through our efforts over the years it’s been clear that when you support communities, you’re also supporting all the people and businesses in those communities along the way. That’s why we’re dedicated to promoting equality and removing barriers within minority communities. From our support of the Chicago Mayor’s Economic Development Plan, to eliminating barriers in career opportunities, to our commitment to work with more certified diverse suppliers, we’re focused on improving the quality of life in our communities.


segment-icon Helping Individuals

We know that thriving communities and individuals go hand in hand. That’s why whether you need to manage your personal finances with checking and savings accounts, secure a mortgage to buy a home or manage your personal wealth, we’ll work with you to deliver the solutions that can help you prosper.


Minority Owned Businesses Resources

Latest | Most popular
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Jan 99, 2099 | Primary Category, Secondary Category
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Minority-Owned Business Experts

Eric Smith View Profile

Eric Smith

Vice Chair, BMO Harris 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...(..)

View Full Profile >

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

Send message
312-461-2508

312-461-2508

Send message

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

View Full Profile >

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

Raquel Filmanowicz View Profile

Raquel Filmanowicz

Director, Economic Equity Advisory Group

414-526-3718

414-526-3718

Send message
414-526-3718

414-526-3718

Send message

From March-September 2020, Raquel Filmanowicz took a leave of absence from BMO Harris Bank to become the CEO of the 2020 DNC Host Committee.  In this role sh...(..)

View Full Profile >

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 fdic. BMO Harris Bank®, BMO Commercial Banking, BMO Harris 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

 

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 Harris Bank employees and affiliates. BMO Harris 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 Harris Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. These articles are for informational purposes only.

 

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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.

 

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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.

 

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.