There’s no time like today to pursue your FinTech dreams, entrepreneurs, especially since Bahrain FinTech Bay (BFB) is still accepting applications to its Acceleration Program, which we encourage you to apply to, before its deadline on the 15th of March, 2020.
Bahrain FinTech Bay is the leading FinTech hub in the Middle East and Africa, and with the launch of its ‘BFB Acceleration Program’, it gives entrepreneurs in FinTech the opportunity to learn and grow even further.
If you’re wondering about the criteria for joining the program, your FinTech startup has to belong to one of these industries and sectors: Blockchain & Cryptocurrency, Cybersecurity and Data Science, Digital and Open Banking, Financial Health and Inclusion, InsurTech, Payments and Remittances, RegTech, and WealthTech.
Having a product prototype, or at least an early proof-of-concept (PoC), also counts for your eligibility, which also includes:
- A clear product development and execution roadmap.
- Existing business plan and pitch deck.
- Founders and management team must have a balance of technical background and some business experience
- Any startups not based in Bahrain will need to relocate for at least 8 weeks during the 12-week long program.
The program’s starting date is the 1st of May, 2020, in which selected FinTech startups will benefit from many business organizations and planning tools. Startups will also gain a lot from special training and mentoring activities for various aspects, from legal and organizational matters to branding and business planning, to marketing and PR, and even analytics, and management and governance.
As for the program’s Demo Day, it’s set to be on the 29th of July, 2020. Visit the official FinTech Bay Acceleration Program here for more details.