Contest can fuel financial tech startups

Posted on May 15, 2018 :: Web Exclusive.
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Posted by of Insight Publications

Contest winners receive workspace in 1871, a Chicago entrepreneurial center.

Wisconsin entrepreneurs and startups with innovative solutions in lending, financial planning, digital tools and data analytics have a new resource to lift their businesses off the ground.

The BMO Harris/1871 Innovation Program provides recipients with a three-month mentorship program with access to mentors and resources from BMO Harris Bank, a working space at 1871 in Chicago’s Technology and Entrepreneurship Center and the potential opportunity to pilot their technology with the bank and win a share of $50,000.

Kinnektor, an Oshkosh-based nonprofit entrepreneur support organization, was selected along with gener8tor, to spread the word to startups in the region about how they can apply and benefit from the program. Last year, the program was open only to startups in the Chicago area, but for 2018 it has been expanded into Wisconsin.

Kinnektor is hosting a panel discussion on the BMO Harris/1871 Innovation Program and networking event on May 22 from 11:30 a.m. to 4 p.m. at the T2 Co-Work Space at Titletown Brewery on Broadway in Green Bay.

As part of the free event, a lunch will be served and keynote addresses from BMO Harris Bank and 1871 will be delivered via a video feed followed by a panel discussion featuring FinTech startups, experts and executives. A presentation featuring previous program participants followed by networking will finish off the afternoon.

“Wisconsin startups are really hungry for these kinds of programs, and we hope that others take notice and are encouraged to do the same in their industries,” said Kinnektor CEO John Ernst in a release.

Startups must apply by May 29 for one of the six to eight placements.

For more information on the program, eligibility and how to apply, click here.