Press Releases

National Bank Gives $250,000 to the OSMO Foundation to Support the Notman House Project

Montreal, 3 June 2014 -

National Bank is proud to support aspiring entrepreneurs by donating $250,000 over five years to the OSMO Foundation. With these funds, the Notman House, home of the web in Montréal, can continue fostering the new generation of entrepreneurs in these promising fields.

"Continuing with the tradition of the business people who created National Bank, our institution is playing an active role in the creation, growth and longevity of thousands of businesses. Our support for the OSMO Foundation is an opportunity for us to connect the past with both the present and future of Quebec Inc., and the Notman House is the perfect incubator for pooling the innovative abilities of start-up companies," said Louis Vachon, President and Chief Executive Officer of National Bank.

By joining forces with the business community, the Bank is confident that we can help develop talent and encourage business people, both of which are essential to a dynamic entrepreneurial environment. This is why National Bank representatives could take part in knowledge sharing sessions with the technological community organized by the Notman House each week.

This most recent commitment to the Notman project is only one of many other partnerships that support local entrepreneurs, including :

  • Creating the Institute for Entrepreneurship National Bank–HEC Montréal following a historic $10 million donation to Campus Montréal
  • Supporting the Fondation de l’entrepreneurship and its annual mentorship meeting
  • Presenting the show Dans l’œil du dragon for a third season
  • Hosting the 20th edition of the National Bank SME Awards, rewarding Quebec companies for their excellent performance in five categories.

About National Bank of Canada
With $194 billion in assets as at April 30, 2014, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada’s leading integrated financial groups, and has been named among the 20 strongest banks in the world by Bloomberg Markets magazine. The Bank has close to 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.

Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):

Jean-François Lauzon
Advisor – Public Affairs
National Bank
Tel.: 514-394-6097