Scotiabank launches mentorship program for women entrepreneurs

Scotiabank (EAST: SNB) (New York Stock Exchange: SNB) Women Initiative (SWI) is launching a 12-month mentoring program for women entrepreneurs, in collaboration with The Forum.

help women

The Forum, a Canadian charity and SWI partner, has been carefully matching mentors with new and seasoned entrepreneurs for 20 years. Through this partnership, the Scotiabank Women’s Initiative is reaching and serving even more women entrepreneurs, in a more targeted way.

The Scotiabank Women’s Initiative Mentorship Program, powered by the Forum, pairs new and seasoned women entrepreneurs with business leaders and seasoned entrepreneurs for one-on-one mentoring.

Mentors provide practical explanations of entrepreneurial practices, as well as their support and access to a community, which helps entrepreneurs grow their business.

Management commentary

“One of the goals of the Scotiabank Women’s Initiative is to empower women entrepreneurs by providing access to mentorship,” said Sloane Muldoon, Senior Vice President, Retail Performance and Co-President of Scotiabank Women’s Initiative.

“By strategically partnering with the Forum and pairing women entrepreneurs, we enable them to share and gain first-hand insight into proven business practices. This exchange of information helps women entrepreneurs gain the confidence and guidance needed to start and grow their businesses. »

The Taking of Wall Street

On Feb. 23, National Bank Financial analyst Gabriel Dechaine maintained a Hold rating on BNS and raised the price target to C$90 (from C$86). This implies a downside potential of 1.6%.

The rest of the street is bullish on BNS with a strong buy consensus rating based on six buys and two holds. The Bank of Nova Scotia mid price target of C$97.87 implies upside potential of 7% from current levels.

TipRanks Smart Score

BNS earns a “Perfect 10” on TipRanks’ Smart Score rating system, indicating that stock returns have a strong chance of beating the overall market.

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Related News:
Scotiabank donates C$900,000 to Habitat for Humanity Canada
Scotiabank Wins Best Corporate Sustainability Strategy Award
Scotiabank included in Bloomberg’s Gender Equality Index

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