Bank of America is introducing a fintech accelerator for drawing in businesspeople from underrepresented communities. Black, Hispanic-Latino, Native American, and other underrepresented startup founders are invited to apply by the bank.
The six-month Bank of America Breakthrough Lab program will offer specialized mentoring, digital expertise, networking opportunities with business leaders, and access to potential investors. Participants should be early-stage businesses with innovations in fintech or tech-enabled social good, such as in health, wealth, education, and housing.
BofA emphasizes that all qualified entrepreneurs, regardless of background, are encouraged to apply even though it is the “aspirational goal” to increase access for underrepresented groups.
Read More: BofA launches fintech accelerator