Nov. 05, 2018 — The ICBA ThinkTech Accelerator will provide more opportunities for community banks to thrive by identifying industry challenges and solving problems, ICBA President and CEO Rebeca Romero Rainey wrote in a new blog post.
On Main Street Matters, Romero Rainey called on community bankers to encourage good candidates for the first-of-its-kind accelerator to apply for the program.
A selection committee made up of ICBA staff and member bank executives will mentor early-stage companies vying to be selected for the accelerator. They will select eight to 10 candidates to receive ICBA investments, with finalists presenting their solutions at the ThinkTech showcase at ICBA LIVE® 2019 in Nashville.
The deadline for startup applications is Nov. 18, but ICBA members can refer candidates to the program for consideration through Nov. 30. The on-site boot camp runs Jan. 7-March 29.
“Community banks have always been nimble innovators and creative problem solvers, and the ICBA ThinkTech Accelerator is the next chapter in our future,” Romero Rainey wrote.