Bank of America announces accelerator program
New England Council member, Bank of America, debuted a new accelerator program for fintech entrepreneurs.
This Breakthrough Lab program consists of a six-month program that offers access to potential investors to entrepreneurs from underrepresented communities so that they can scale up their technology-related businesses. The program is open to companies with ideas related to financial technology or tech-enabled ideas, promoting inclusion such as health technology, wealth technology, education technology and housing, providing tailored mentorship, and digital expertise, and allowing them to network with industry experts. The deadline for applications is June 8 with a September start date.
“We’re excited to play a role in giving emerging entrepreneurs from a range of backgrounds access to the bank’s vast resources and industry networks,” said Rina Arline, Breakthrough Lab program director in global transaction services at Bank of America.
The New England Council commends Bank of America for its commitment to entrepreneurial equity.
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