DMZ, Canada’s leading technology accelerator, announced today that they are continuing their partnership with BMO Financial Group, with the launch of the DMZ Small Business Banking Challenge, powered by BMO.

Following the success of the fintech accelerator program, the goal of the partnership will be to continue to foster innovation and growth by identifying eight Canadian startups offering innovative solutions in the small business banking sector. 

Taking place on October 9 and 10, 2019, the DMZ Small Business Banking Challenge, powered by BMO will include: 

  • An exclusive thought leadership event showcasing industry trends and BMO partnership successes. 
  • One-on-one deep dives with BMO experts on specific aspects of their business.
  • A pitch contest adjudicated by BMO leaders.

“Small businesses are the backbone of the Canadian economy and, as part of our purpose at BMO, we are committed to help drive the innovation economy forward,” said Hugh McKee, Head, BMO Partners, BMO Bank of Montreal. “We are excited to work alongside the DMZ to identify Canadian fintechs that are developing innovative solutions and to help them scale and grow.”

“With Toronto being an international financial centre, the DMZ is building opportunities for fintech startups to collaborate with financial institutions to leverage a wealth of knowledge and resources,” said Abdullah Snobar, executive director, DMZ. “Through the Small Business Banking Challenge, selected entrepreneurs will receive deep insight and business opportunities to create global companies.”

Applications to the DMZ Small Business Banking Challenge, powered by BMO are due by August 9, 2019 at 11:59 PM. For more information, eligibility and to apply, visit 

The DMZ is a leading business incubator for tech startups in Canada. They help startups build great businesses by connecting them with customers, capital, experts and a community of entrepreneurs and influencers.

The DMZ is a partner in StartUp Here Toronto.