GROWING FINTECH STARTUPS COMPETE FOR $300,000 IN SECOND ANNUAL DIGITAL COMMERCE CALGARY FINTECH AWARDS
CALGARY, AB, 19 April 2023 /CNW/ – Digital Handelsbank and Platform Calgary launches the second annual Digital Commerce Calgary Fintech Award. The award highlights innovation in financial technology and aims to support fintech companies that are currently based in Calgary or those who want to expand here.
Following last year’s success, a new wave of driven entrepreneurs will have the opportunity to receive valuable coaching from some of the top names in the industry and compete for one of three non-dilutive cash prizes totaling more than $300,000 to promote their business.
Applications are now open. Startups can apply to participate in the award until 5 June 2023 on CalgaryFintechAward.com
“Launching and growing a new business is difficult. Entrepreneurs struggle to raise funds, build connections and gain exposure for themselves and their products or services,” says Jeffrey Smith, co-founder and CEO of Digital Commerce Bank. “That’s why the Digital Commerce Calgary Fintech Award is proving to be a game changer – connecting founders with world-class advisors, industry leaders and investors, and giving them a chance to win a cash prize to accelerate and elevate their businesses.”
A total of 25 startups have been selected to participate in the 6-week programme. Startup founders have exclusive access to interactive workshops, executive panel discussions, coaching and mentorship from industry experts, as well as peer networking opportunities. The top 5 selected startups will have the opportunity to pitch live to a panel of judges to compete for the grand cash prize. The winners will be announced during an awards gala in October 2023.
“Calgary has all the right components to build leading, globally competitive fintech companies, due to its educated workforce, opportunities and available capital – and the award provides an additional critical boost for startups looking to stay and grow in Calgary,” says Terry RockCEO of Platform Calgary.
Last year, Phillip Fleet and Wowtwo financial technology start-ups, took home a total of $310,000 to speed up their business.
Sponsorship opportunities are available for companies that want to transform Calgary to a global hub for startups through the Digital Commerce Calgary Fintech Award.
Digital Handelsbank
Digital Commerce Bank is a Canadian Schedule 1 bank with a focus on technology and delivers robust and secure payment technologies. The bank’s technology-driven platform provides innovative payment and banking solutions to business customers, so that businesses can offer their own financial and payment solutions. The bank’s proprietary banking-as-a-service and payment solutions, as well as simple APIs, offer customers efficiency, flexibility and convenience when it comes to integrating services directly into a business’s product. The bank is a member of Payments Canada, and is a principal member of Interac, Visa and MasterCard.
For more information on Digital Commerce Bank, please visit www.DCbank.ca
Platform Calgary
Platform Calgary is an advocacy organization whose members are technology companies, large and small, united in a vision of inclusive, innovation-driven prosperity for Calgary. Platform Calgary connects entrepreneurs to a network of 110+ partners focused on helping startups launch and grow at every step of the journey, from ideation to scale.
The Platform Innovation Center is the front door to this community – a single point of access for people as they navigate Calgary’s innovation ecosystem.
For more information on Platform Calgary, visit: PlatformCalgary.com
SOURCE Platform Calgary
For additional information: on the Digital Commerce Fintech Award, please contact: Jeffrey J. Smith, President and CEO, Digital Commerce Bank, 587-885-2101, [email protected]; Delia Popa, Manager, Marketing, Platform Calgary, 403-615-9877, [email protected]
