National Bank Invests $1 Million to Support Entrepreneurial Spirit
Launch of third edition of One for Youth Regional Committees
National Bank is proud to launch the third edition of the One for Youth Regional Committees. This year’s focus will be on projects that develop entrepreneurial spirit. In total, an additional $1 million will be invested to help tomorrow’s adults reach their full potential. This amount is in addition to the $12 million the Bank has earmarked for youth in the past five years.
Starting today, and until November 6, non-profit organizations and elementary and high schools across Canada are invited to submit projects that will encourage young people to develop their entrepreneurial spirit: conferences, mentoring programs, competitions, etc. Each recipient could receive up to $15,000 in financial support.
“Fueling a passion for business in young people and helping them to power their ideas is a priority for National Bank. It’s a commitment that is directly related to our founding mission,” said Yann Jodoin, Senior Vice-President, Client Strategy, Marketing and Branding. “Business creation and innovation are vital to the development of lasting prosperity. National Bank is very proud to be able to contribute to this,” he added, encouraging business and community leaders to get involved in spreading the word about the One for Youth Regional Committees in their networks.
Applications must be submitted using the online form available at www.bnc.ca/committees, by no later than 5 p.m. on November 6, 2015.
Once the application period closes, the projects will be evaluated by 12 One for Youth regional committees, consisting of National Bank’s local managers and key community stakeholders.
Since the program’s first edition, 279 organizations across Canada have been able to carry out inspiring initiatives and reach more than 76,000 young people, who have gained confidence, pride and self-esteem.
About National Bank of Canada
With $216 billion in assets as at July 31, 2015, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 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.
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