Validation and Assistance
Validate the product and assist in creating a value proposition answering the market needs.
Meet and collaborate with our Partners and build lasting relationships with them.
Resources and Opportunities
Be considered as a Venture Accelerator Partner, enabling you to access the various resources and regional contacts.
Venture Acceleration Program
About the Program
Launched on June 3rd 2019, The Venture Acceleration Program (VAP) is a customized program designed to accelerate FinTech Companies to the next growth stage of commercialization and expedite partnership opportunities with them.
Our Venture Acceleration Program will leverage our strong partnership base to significantly improve startup growth and expansion outcomes. The 'outbound VAP' Program aims to accelerate companies based in Detroit by introducing their new innovative products and services to untapped markets in Asia and the Middle East through our influential partners. Similarly, the 'inbound VAP' will serve as a gateway for startups to setup operations in Detroit.
The program will allow businesses to connect with industry professionals and users of digital innovations across the value chain. Applications for the Venture Acceleration Program are received on an on-going rolling basis.
VA Process Flow
Research, specialist local knowledge and robust relationship network providing deep industry insight
Opportunity to engage in roadshows and pitch to our diversified portfolio of partners
Incubation under Detroit FinTech Bay, geared towards regional growth and expansion, accelerating go to market approach
Exposure to Partners
Implementation & Regional Expansion
Execution & Validation
Selection and due diligence of global FinTechs presenting scalable and impactful solutions to the region
Assist in deal execution, client follow up and new client origination
Key Focus Areas
Digital Banking & Platforms
Lending & Crowdfunding
Cybersecurity & RegTech
Payments, Transfers, Remittances
Why join the Program?
Access Desk Bookings
Access to Regional Sales Opportunities
Exposure in Marketing Collateral
Our program enables the interaction and engagement between all FinTech stakeholders to further market intelligence partnership creation and the development of global FinTech ecosystems.
To be part of our Venture Acceleration Program, please fill in the registration form below
1. Who can apply?
FinTech startups seeking to expand into new markets like Asia, MENA and North America.
2. What are applicant requirements?
FinTech startups which are already incorporated, actively operating and generating revenues , with ambitious plans to expand into the Asian, MENA or North American markets.
3. What is the program application process?
The VAP reviews applications on a rolling-basis, and conducts interviews on a quarterly basis, if an applicant is able to be present at Detroit FinTech Bay. If an applicant is unable to be present in-person, the VAP will send questions via email or administer video interviews.
4. Where is the location of the Venture Acceleration Program?
The Venture Acceleration Program is managed by and held at Detroit FinTech Bay. Applicants interested in the US domestic market shall work with our silicon valley team at this location, and those seeking international growth shall commence the program at Detroit FinTech Bay and then work with our hubs in Asia and the Middle East depending on their needs. Applicants unable to attend physically at the silicon valley location, may also participate in the program by choosing to work through our hub locations in California, Singapore and Bahrain.
5. What documents should I submit?
a) Business plan (pdf file) — Filename: company name.pdf. The contents of the business plan should include the following: Company history and organization structure, reasons for the application to the program, market analysis and competitive positioning, business model and competitive advantages , growth roadmap, financial statements/fund raising status, expansion and hiring plan, etc. b) Resumes of management team members (pdf file, 1 page each).