The countdown has begun!
The applications for the New York’s sixth annual Fintech Innovation Lab are now being accepted and will continue to be accepted till December 3, 2015.
This acceleration program is 12-weeks long and has been co-founded by Accenture and the Partnership Fund for New York City.
The applicants who wish to apply or get more information can do so by going to the website: www.fintechinnovationlab.com.
As per the information available on the website, the Lab begins in April 2016 and will partner with the chosen few fintech entrepreneurs with senior-level bank executives and leading technology entrepreneurs. The mentors will help the selected applicants and fine-tune and develop their technologies and business strategies through a series of workshops, panel discussions, user-group sessions, networking opportunities, one-on-one meetings, and presentations.
The program will be complete in June 2016 with a Demo Day presentation by the selected six participants who would showcase their talent in front of venture capitalists and financial industry executives.
Zor Gorelov, CEO and Co-Founder, Kasisto, Inc has vouched for the program and called it an extraordinary opportunity for a startup building innovative products in the financial services vertical.
Gorelov also said that: “We have gained invaluable insights from the program and its mentors, and built strong relationships and a network within the financial services market that will continue beyond the program.”
Those who wish to participate in this program must remember that an applicant must possess at least a working beta version of their technology that is ready to be tested for either the institutional or retail market.
For the Bitcoin community, the interest in this program will be intense as earlier a Hong Kong-based Bitcoin remittance platform named BitSpark was selected for the Accenture’s Fintech Innovation Lab Asia-Pacific 2015.
Therefore, the Bitcoin world would be keeping its fingers crossed for weaving a similar success story here. And their hopes make sense too as the blockchain technology, the technology behind the Bitcoin, is also a part of this pool.