NJ FAST (New Jersey Fintech Accelerator at Stevens Institute of Technology)

About

NJ FAST is an accelerator program designed for startups in the fintech and insurtech sectors, providing access to funding, mentorship, and networking opportunities to help companies commercialize their innovative solutions and grow rapidly in the market.

Benefits

• 💰 Financial Support
• Access to funding opportunities, with previous cohorts raising millions in total.
• 🎓 Mentorship Program
• Collaboration with industry leaders and technical research institutions for resource support.
• 🌐 Network Access
• Connections to networks and investment opportunities through top academic and corporate partners.
• 📈 Business Development
• Accelerated commercialization of innovative fintech and insurtech solutions.
• 🎤 Exposure Opportunities
• Regular expos and community events to enhance industry visibility.

Eligibility Criteria

• 🌍 Geographic Eligibility
• Open to startups focused on fintech, insurtech, and enterprise AI from New Jersey and other regions.
• 🏢 Legal Status
• Must be a legally registered company with valid incorporation documents.
• 💼 Business Stage
• Startups must be developing enterprise-ready solutions.
• 📈 Industry Focus
• Must operate within the fintech and insurtech sectors, including areas like open banking, payments, and insurance innovation.
• 👥 Team Requirements
• Teams should have expertise in financial technology or insurance technology.

Participation Commitments

• 📍 Physical Attendance
• Must attend events and activities held at Stevens Institute of Technology in Hoboken, NJ.
• ⏰ Time Commitment
• Participants are expected to engage actively throughout the program duration.
• 🎤 Presentation Requirement
• Must present at regular expos to showcase progress and solutions developed during the program.

Target Region

Open to startups from New Jersey and other regions

Target Sector

Focused on fintech and insurtech sectors