Bank of America Launches New Fintech Accelerator Program21 May 2023
Bank of America launched its impact accelerator program named Bank of America Breakthrough Lab with the call for applications for the September 2023 cohort.
The six-month program provides tailored mentorship, digital expertise, networking with industry experts and access to potential investors to Black, Hispanic-Latino, Native American and other entrepreneurs from underrepresented communities so that they can scale-up their technology-related businesses.
Founders of early-stage startups from underrepresented communities are encouraged to apply to the program that promotes financial inclusion and financial technology development with the goal of increasing the number and growth of small businesses. The deadline for applications is June 8, 2023, for a September 2023 start date.
“The bank’s long-standing commitment to supporting economic opportunity for people and communities we serve is at the core of Bank of America Breakthrough Lab,”
said Rina Arline, Breakthrough Lab Program Director in Global Transaction Services at Bank of America.
“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.”
Featured image credit: Edited from Freepik
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