Applications are now open for the Barclays Accelerator, an enterprise development programme powered by Techstars. The globalised programme now has an Africa focused physical site which is located in Cape Town.
This programme offers innovators and entrepreneurs unprecedented access to leading thinkers at Barclays and to Techstars’ mentor and investor relationships across 14 locations. This latest Barclays Accelerator programme follows successful programmes in London and New York.
“The three-month intensive programme has been designed to accelerate new fintech businesses in delivering breakthrough products to market,” says Ashley Veasey, Chief Information Officer of Barclays Africa.
“What we’re offering companies is a seat within a best-in-class accelerator programme, which in turn affords access to data, technology and intensive mentoring from industry experts and key decision makers.”
The programme will culminate in a ‘Demo Day’ to an audience that comprises industry leaders, serial entrepreneurs, senior executives and corporate partners.
“We are excited to launch our third accelerator programme with Barclays which will provide new opportunities to companies interested in leveraging the Cape Town fintech community as well as the larger Barclays and Techstars ecosystems. Barclays has become a true innovation partner to Techstars and is deeply committed to spreading fintech innovation worldwide,” says David Brown, Co-Founder and Managing Partner at Techstars.
Applications are now open until 10 January 2016 at www.barclaysaccelerator.com. The programme will begin on 28 March 2016 with the ‘Demo Days’ scheduled for June 2016.
The programme feeds from Barclays’ globalising open innovation platform called Rise. Barclays brought, Rise, onto the African continent with a promise to incubate from the online platform “the next best thing” within the financial services technology (fintech) space. Barclays announced today the launch of the online platform for innovators which comes with physical sites in New York, London and Manchester. The launch of the Africa extension comes with a plan to open a Cape Town site.
For the Barclay Accelerator, Cape Town will cater to companies addressing opportunities in Africa and emerging markets.