Square co-founder Jim McKelvey has launched a finTech accelerator.
St. Louis, MO-based SixThirty will provide selected startups with $100k in funding, mentorship, and access to top financial services companies.
Backed by the St. Louis Regional Chamber and local investment firm Cultivation Capital, SixThirty will back four financial-based technology startup companies each fall and spring for a total of eight investments per year.
During the four-month accelerator program, those companies will receive hands-on training, mentoring, and networking opportunities with the top financial services companies in the region including Edward Jones, Scottrade, Stifel Financial, Wells Fargo Advisors and US Bancorp CDC, as well as many other financial services, banking, insurance and venture capital companies.
The first program will start at the beginning of October and will be housed in the T-REx startup co-working space in downtown St. Louis.
Applications are due online by September 6, 2013.
Beyond McKelvey, the founding team includes Hal Gentry, serial entrepreneur, and general partner at Capital Innovators and Joe Reagan, president and CEO of the St. Louis Regional Chamber.
FinSMEs
14/08/2013