Launched in January 2022, the Scotiabank Women Initiative has provided access of up to $100 million dollars at a special rate along with waivers on applicable fees to eligible women-led and owned businesses .
The Bank has also hosted a series of free education workshops aimed at elevating women’s business acumen and helping them to enhance their financial management and technical expertise. We are also providing advisory assistance to further empower and mentor women in business.
Achievements
Access to capital
$300 million in loans disbursed to women-owned and women-led businesses since January 2022
Business education
Approximately 400 attendees at specialized capacity-building workshops
Business advisory services and mentorship
Corporate governance workshop hosted
“We truly believe that by helping to elevate women in business, we will also directly impact Jamaica’s overall productivity and consequently a number of social issues”
Audrey Tugwell Henry, President & CEO, Scotia Group