Nashville Entrepreneur Center Announces Project FinTech, Tennessee's FinTech Mentor Network & Accelerator Program

NASHVILLE, Tenn., June 7, 2023 (Newswire.com) - Nashville Entrepreneur Center (NEC), a nonprofit dedicated to supporting entrepreneurs and local industry, today announced its new statewide financial technology (FinTech) mentor network and accelerator program, Project FinTech. Founders of FinTech companies headquartered anywhere in the U.S. may apply for the 2023 Project FinTech accelerator program. They will benefit from community, curriculum, and connection with exited & experienced FinTech EiRs, champion mentors, and subject-matter experts who want to help them achieve commercialization.

"Entrepreneurs are problem solvers, and at the NEC, our mission is to connect them with critical resources to help their businesses grow," said Jane Allen, CEO of Nashville Entrepreneur Center. "We provide that central place to gather and share practices, experiences, skills and connections. Every entrepreneur needs help, and this program will bring our collective statewide industry network together."

The Project FinTech accelerator program operates in collaboration with two experienced FinTech entrepreneurs in residence. Joe Maxwell is the Managing Partner at FINTOP Capital, an exited FinTech entrepreneur, and he brings 30 years of FinTech experience to the program. Lee Farabaugh is the Co-founder & President of Core10, a software development company that is focused on lending, account opening, and API integration in the financial services and FinTech industries.

"We need the community that's already here to come together. Project FinTech is a way to organize and my rally cry is to the sponsors, to the mentors, to the experts out there to open up their network. My ask is that the professional community commits, and then we can map time, talent and treasure that's most needed and leverageable."

Early-stage technology companies building products to improve, automate, or scale financial services, those with at least one full-time founder and less than $1M in ARR, are encouraged to apply to the Project FinTech accelerator. The inaugural cohort, launching in August 2023, will have an emphasis on regional founders and BankTech companies developing products for community banks and the people they serve.

"We are looking to support founders who are curious, who are willing to ask good questions," said EIR Lee Farabaugh, co-founder and president of Core 10. "That willingness to listen to their end customers are the entrepreneurs who will win because they are truly bringing something that has a product market fit." 

Project FinTech operates with support from LaunchTN as an Industry Network Partner.

"Launch Tennessee is excited to support Project FinTech through the EDA Build to Scale program," LaunchTN Innovation Manager Charles Layne said. "Now is a great time to support the vibrant fintech ecosystem emerging in Tennessee, further solidifying our mission to cultivate Tennessee as a startup-friendly destination for aspiring entrepreneurs in the financial technology industry."

For more information, please visit https://ProjectFinTech.com. Also, subscribe to FinTech Connection to stay connected to FinTech industry network news & events.

Source: Project FinTech

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