BMO Private Bank Partners with Silicon Valley's C100 to Support Canadian Tech Entrepreneurs
BMO sponsorship will include event support, mentorship and advisory council membership
PALO ALTO, CALIFORNIA AND TORONTO, ONTARIO, Sep 17, 2013 (Marketwired via COMTEX) -- BMO Private Bank today announced that it has become a funding partner of The C100, a Silicon Valley-based non-profit, member-driven organization that supports Canadian technology entrepreneurship through mentorship, partnership and investment.
The C100 was launched in 2010 by a group of successful Silicon Valley business people from Canada who shared a mutual desire to support the next generation of Canadian entrepreneurs and help build the next billion-dollar Canadian technology company. The C100 hosts events and organizes mentorship programs that connect Canadian start-up CEOs and founders with top executives of established companies as well as with venture investors representing more than US$17 billion in capital.
"BMO Financial Group has a long history of helping Canadian businesses develop and succeed. We are always looking for new and innovative ways across our organization to support and encourage the entrepreneurial spirit," said Terry Jenkins, President and CEO, BMO Private Bank. "The C100's members are made up of high-profile Canadian ex-pats who have built successful careers in Silicon Valley and now want to open the door to industry connections and investment capital for the next generation of Canadian tech talent. We're proud to align ourselves with a group that shares our core values and ambitions."
BMO Private Bank's sponsorship will include working with The C100 on a number of initiatives including the Accelerate Series, hosted annually in several cities throughout Canada. These events promote tech company development and entrepreneurship in Canadian communities. BMO Private Bank will also be participating in The C100's flagship mentorship program, 48 Hours in the Valley, which is held twice annually and provides promising Canadian tech start-ups to Silicon Valley with high-level networking and accelerated growth opportunities.
BMO Private Bank and Capital Markets will also work closely with The C100 leadership, sharing their financial expertise and cross-border experience to support and grow The C100 organization, Canadian technology business initiatives, and encourage innovation in the U.S. and Canadian technology sectors.
"BMO is an ideal partner for The C100, and we are excited to work with them," said Katherine Barr, The C100 Co-Chair and General Partner at Mohr Davidow Ventures. "They are highly supportive of The C100 and aligned with the mission of our organization. Moreover, their diversified lines of business, from private wealth management and commercial banking to capital markets, combined with their ability to serve clients on both sides of the border, mean they are particularly well positioned to help The C100 entrepreneurs, executives and investors achieve their goals."
For more information on BMO Private Bank, please visit: www.bmo.com/privatebank/us/.
For more information on The C100, please visit: www.thec100.org.
About BMO Private Bank, a part of BMO Financial Group
BMO Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high net worth clients. Through integrated teams of experienced financial professionals, BMO Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.
BMO Private Bank is a brand name used in the United States by BMO Harris Bank N.A. Member FDIC. Not all products and services are available in every state and/or location.
Contacts: Media Contacts: Patrick O'Herlihy, Chicago 312-461-6970 firstname.lastname@example.org Amanda Robinson, Toronto 416-867-3996 email@example.com Sophie Cikovsky, Palo Alto 415-732-7800 firstname.lastname@example.org Internet: www.bmo.com Twitter: @BMOmedia This post was originally published on marketwatch.com on September 17th, 2013.