“Women-owned businesses are home runs. They’re very attentive, good at paying back money and quick to know when they’re in trouble. Women are a good bet.” Anne Finucane Vice Chairman at Bank of America
Bank of America has a longstanding commitment to advancing women’s economic empowerment through its business and partnerships that connect women entrepreneurs to the mentoring, capital and tools they need to succeed.
In recognizing the critical importance that education, training and networks play in entrepreneurial success, Bank of America has partnered with the National Association of Women Business Owners (NAWBO), serving as the presenting sponsor of the annual Women’s Business Conference for the last six consecutive years. Through the Tory Burch Foundation Capital Program, it has committed more than $50 million in funding to help women entrepreneurs in the U.S. grow their businesses. This year, Bank of America also announced a new joint initiative with Cornell University to launch the Bank of America Institute for Women’s Entrepreneurship at Cornell, an online learning portal that will provide training and educational resources to women at all stages of entrepreneurship.
The investment in women starts from within, with strong representation of women at all levels of the organization. Bank of America been recognized as one of the leading financial institutions on the Bloomberg Gender-Equality Index, as well one of the National Association for Female Executives (NAFE) Top Companies for Executive Women.