SPJIMR Launches FinNovate Accelerator to Support BFSI Start-Ups; Check Details Here

New Delhi: As per the latest updates, the Centre for Financial Innovation (CFI) at Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management & Research (SPJIMR) has joined hands with Mumbai Angels to launch “SPJIMR FinNovate Accelerator”.

As per SPJIMR, this collaboration is done to empower and support the BFSI industry. The institute will bring together innovative start-ups, experienced mentors, industry experts and corporates on a single platform through its exclusive acceleration program.

The main objective of SPJIMR FinNovate Accelerator is to promote innovation, teamwork and expansion within the BFSI industry. CFI will provide start-ups with a platform to make a positive impact on the industry by offering helpful mentoring.

In addition to this, the start-ups will also have the opportunity to facilitate collaborations with angel networks, banks, insurance companies, and asset management firms. All these benefits will be provided at no cost and without any equity obligations.

The SPJIMR FinNovate Accelerator will commence for a duration of two months. The program is specially designed for finance start-ups in the Seed to Series A stage, with a Minimum Viable Product (MVP). The application window for the same is open on the official website of SPJIMR.

As of now, the institute has already received over 150 registrations for the program. The last date to submit applications for SPJIMR FinNovate Accelerator Program 2023 is May 31, 2023 and early applicants will be given priority. The first batch will commence in July 2023.

Some of the key advantages of SPJIMR FinNovate Accelerator include an opportunity to showcase ideas during Demo Days to renowned banks and insurance companies, Lucrative Funding Opportunities, Expert Mentorship, Structured Curriculum and Networking Prospects.

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