Republic, Scotia banks award local music school $1M grant

Foundation Seven students at work

A nine-year-old local music school has been awarded a $1 million grant along with a one-year capacity-building support system through the Small Business Bureau (SBB) designed to equip the institution with the capacity to develop sound and prudent financial best practices in order to facilitate its continued financial growth.

The privately-run Foundation Seven Music School was selected for the award from among 50 small and medium enterprises in the agro-processing, music and art and craft sectors that were tasked with critically examining the financial landscape within which they operate as well as the laws and regulations governing their access to financial instruments and the need for adapting a