ICBA announced the kickoff of its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center. The latest iteration of the successful global fintech accelerator will build upon the success and momentum of the 2020 program.
The unique challenges of the COVID-19 pandemic "are driving innovation" and creating successful community bank fintech partnerships, said ICBA's Chief Innovation Officer Charles Potts. As community banks "consider additional measures in support of their customers, ICBA will be there to facilitate key connections with promising fintechs through our ThinkTECH initiatives.”
A selection committee of ICBA staff and community bank executives will serve as mentors to early-stage companies vying for top spots in the selection process. Finalists will receive ICBA investments and undergo a rigorous 12-week bootcamp program.
Community banks are encouraged to nominate potential candidates for this year’s program. The nomination period closes Sept. 15, 2020.