Wells Fargo Accelerator Scholarship Program

Application Deadline:  26th June, 2016

Offered annually? Semi-annual (Twice in a year)

Eligible Countries: Global

To be taken at (country): United States

Brief description: Wells Fargo is granting investment opportunities of up to $500,000 to FinTech startups and promising minority stake in the invested company.

Eligible Field of Study:

About the Award: The Wells Fargo Startup Accelerator is a hands-on program focused on startups that create solutions for financial institutions and enterprise customers. The semiannual boot camp is for innovators who seek to shape the future of financial services. Companies join Wells Fargo’s accelerator to refine their potential breakthrough technologies for financial services and other applications.

Offered Since: 2014

Type: FinTech Investment Bootcamp

Eligibility: All interested

Number of Awardees: 6 Investments in 5 Companies

Duration of Programme: 6 months

Value of Scholarship:  Up to $500,000 in investment along with support in the following areas

Accelerator: We aim to be a valued resource no matter where you are in your business cycle. Whether early in your company’s development or you are fully operational, we support our selected startups in a variety of ways.

Resources: More than money, our experienced team will lend you a hand. We’ll test your concept to help validate its technology and market direction. In addition, we will help make your product enterprise ready.

Network: Your participation in Wells Fargo Startup Accelerator opens up a world of diverse perspectives from industry experts, mentors, venture capitalists, and senior executives within Wells Fargo.

Application Process:

Apply: Interested startups should apply by clicking here: http://bit.ly/28Kp2Mj

Review and Decision: The review process includes technical and executive reviews. First stage review results are typically emailed 5-10 days after an application period ends.

Programme Start:After a company is selected, one or more advisors will be assigned to collaborate on developing the partnering strategy with Wells Fargo and if applicable, assist in the execution of proof of concept projects.

For more information, click here: http://bit.ly/1toAfaC