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MathProject wins BMO award and Grant!

bmo Shehreen Math Project
(Photo taken from BMO’s Instagram post)

The founder of MathProject, Shehreen Zaman, has officially been recognized by BMO as one of the top 10 Canadian women entrepreneurs in 2020 who have elevated their business by showing courage, innovation, and resilience during these unprecedented times of COVID-19.


BMO’s Grant for Women-Owned Businesses

In their mission to empower women in business, BMO aimed to recognize and support women entrepreneurs who, faced with the pandemic’s effects, brought out innovation and resilience to ensure their business’ continued success. Consequently, BMO issued a new $100,000 grant program in collaboration with Deloitte, striving to help and award 10 women with $10,000 each to invest in their businesses and entrepreneurial ventures. As Erminia (Ernie) Johannson, Group Head, North American Personal and Business Banking, BMO Financial Group states:

“The new grant program honours the achievements of women-owned businesses and their ability to innovate and persevere during this difficult time […] We are deeply committed to developing programs that support the growth of women-owned businesses and to helping women make real financial progress.”


MathProject’s Application and Outcome

Out of the 1030 women who have applied, only 72 made it to the semi-finals of the grant program process. Semi-finalists produced videos highlighting their businesses, COVID-19 challenges, and innovative solutions. Amongst all the other applicants, MathProject’s story of innovation stood out to the advisory panel of judges, winning the award for BMO Celebrating Women Grant Program. You can watch our story of innovation below!

MathProject’s Innovation Against Pandemic Effects

Founded in 2010, MathProject transformed into a dynamic math learning center, expanding across North America, dedicated to empowering young minds in math.

When the pandemic hit, MathProject confronted multiple challenges that, without innovation, threatened the business’s well-being. Shehreen and her dedicated MathProject team remained resolute, determined to sustain math education during the pandemic. They swiftly launched an efficient online learning platform. As a result:

    • An astounding 100% of onsite students successfully transitioned to the online-learning platform within one weekend
    • MathProject did not shut down for a single day

In regards to the unique approach of their dynamic online-learning solution, Shehreen said:

“Most online sessions involve watching a previously recorded session where the teacher is not present. Listening to recorded lessons is boring for students, whereas our live, interactive online sessions create a social bond. It has all the advantages of in-class learning while being on a remote platform to ensure student’s health and safety”.


Future of MathProject

Shehreen and her team demonstrated innovation and resilience, leveraging technology for a rich math learning experience at MathProject. Awarded BMO’s grant, Shehreen plans to continue empowering children with math knowledge. Shehreen also pledges some grant funds to sponsor more underprivileged girls at “Because I am a Girl” foundation, an organization of which MathProject has been a long-time supporter.  Delighted by the announcement of MathProject’s place in the BMO Women-Owned Business Directory, Shehreen states:

“I feel absolutely thrilled and honoured in receiving this grant, as it will help us guide more young minds into becoming great problem-solvers of their generation.”

 

For more information on MathProject’s math programs in Katy, Richmond, Cypress, Sugar Land, Missouri City and/or Hillcroft, or free assessment, contact us today at 1-844-628-4243!

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Check out what other parents have to say about us, here!

 

Citations:

BMO Announces $100,000 Grant Program for Women-Owned Businesses – newsroom.bmo.com

BMO Celebrating Women Grant Program: Frequently Asked Questions – bmoforwomen.com

Instagram Announcement of BMO Celebrating Women Grant Program Recipients – instagram.com