Today (April 14) at NSCC's Akerley Campus, Scotiabank announced its $210,000 commitment to extend the Scotiabank Entrepreneur-in-the-Making Program at NSCC over the next three years to support students and recent alumni at the College who are looking to start or grow their business.
Through ScotiaRISE, Scotiabank's 10-year, $500 million commitment to strengthen economic resilience among disadvantaged groups, the new funding will provide support to growing the program across the province, offering recipients at each of the College's 14 campuses with one grant of up to $3,000, three business advisory sessions, mentorship and access to networking opportunities. Additionally, the funding will support a new annual grant opportunity for past program participants at least one year out of the program who are continuing to grow and operate their original business idea.
"Traditional lending has not always been easily attainable to first-time business owners, particularly those in underrepresented communities, but we are making strides," said Nicola Ray Smith, Scotiabank's Senior Vice President, Atlantic Region. "Through our continued support of the Entrepreneur-in-the-Making Program, we are committed to empowering the next generation of entrepreneurs to better access the financial knowledge and funding they need to help accelerate their progress."
"The College is honoured to receive this incredible support for NSCC student and alumni entrepreneurs. Scotiabank's generous commitment through the Entrepreneur-in-the-Making Program will continue to inspire and motivate recipients by providing financial and educational opportunities to embrace their entrepreneurial spirit." - Don Bureaux, President, NSCC
To learn more and apply to the Scotiabank Entrepreneur-in-the-Making Program at NSCC, visit nscc.ca/eitm.
About NSCC
NSCC is committed to building Nova Scotia's economy and quality of life through education and innovation, transforming Nova Scotia one learner at a time. NSCC offers more than 140 career-oriented programs throughout the province at our 14 campuses, including our online eCampus. Programs are offered through five academic schools - Access, Education and Language; Business and Creative Industries; Health and Human Services; Technology and Environment; Trades and Transportation - and reflect the labour market needs and opportunities in Nova Scotia. NSCC's primary goal: student success. An annual survey of College graduates shows that 83% are employed one year after graduation, most in their field of study, with 94% of those employed living and working in Nova Scotia.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future," we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of over $1.3 trillion (as of January 31, 2023), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @Scotiabank.
