40th Anniversary Event 3 – Bank of Maldives launches Startup Grant Fund

41 Bank of Malvides 150 x 105 01Bank of Maldives has announced the BML Startup Grant as part of the series of    12 high impact monthly community initiatives to celebrate the Bank’s 40th anniversary in November 2021.

The BML Startup Grant is a program for emerging entrepreneurs to win a grant funding to start or grow a business in the Maldives. Four winning businesses will be awarded MVR500,000 each. Bank of Maldives will provide mentoring support for the winners to successfully implement their plans.

BML’s  CEO and Managing Director, Tim  Sawyer commented, “The Startup Grant is part of the Bank’s commitment     to support businesses and strengthen our relationship with the start-up ecosystem in Maldives. Through the programme, we are nurturing the entrepreneurial spirit of the startup community to create jobs and opportunities to maximize positive impact for society. The winners will be provided with financial advisory services to help support their vision. We hope to see many individuals and businesses make use of this opportunity and contribute to the startup culture in Maldives.”

The Bank launched ‘BML Scholarship Fund’ and refurbishment and upgrading of the Maldives National Library as the first two monthly initiatives to celebrate the lead up to its 40th Anniversary.

Bank of Maldives News

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