BMO Financial Group has gifted $1 million to expand the Aboriginal Canadian Entrepreneurs Program (ACE) at the University of Victoria.

The ACE program provides culturally appropriate and community-tailored business education in Indigenous communities across B.C.

Since ACE’s inaugural class in 2013, over 275 students from 26 Indigenous communities across the province have participated in the program. 

Photo Credit: University of VictoriaLeft to right: Frank Parnell and Brent Mainprize

“BMO has a long history of giving back to our communities, and supporting the Aboriginal Canadian Entrepreneurs Program with customized, in-community entrepreneurship training reflects that ongoing commitment,” says Michael Bonner, senior vice president and regional head for BMO Bank of Montreal.

“I’m looking forward to seeing the innovations and businesses that will emerge from the expanded ACE program, and the impact the funding will have in supporting Aboriginal entrepreneurship throughout BC.”

The first program expansion is expected to start this month. It will begin with entrepreneurial training on Vancouver Island for Indigenous artisans wanting to launch their art-based ventures.

“We greatly appreciate BMO’s support for the ACE program,” says UVic President Jamie Cassels.

“The BMO Aboriginal Canadian Entrepreneurship Catalyst Fund will enable us to expand this program and build on the wonderful collaboration we have with TRICORP. This gift will allow the partnership to bring entrepreneurship courses to more Indigenous communities throughout the country.”