Written by Molly Willats

Innovate Financial Health has announced the launch of their inaugural IFH Impact Accelerator. Applications are open now through November 10, 2019.

Innovate Financial Health is a national non-profit whose goal is to provide mission-driven entrepreneurs in the fintech space with the resources and support they need to scale their impact across Canada. Every day, millions of Canadians experience significant challenges in managing their money and planning for the future. IFH believes that technology can play a critical role in addressing these challenges through solutions that help people build emergency funds, save for long-term goals, and find pathways out of debt.  

With funding from founding sponsor Capital One, this three-month program starting in January 2020 will provide four early-stage ventures with $25,000 in grant funding and mentorship from financial services executives, fintech founders, and experts in financial health. The program will consist of three multi-day workshops in Toronto addressing the unique challenges faced by financial health startups, culminating in a Celebration Day in April where teams will present to potential investors, program advisors and partners.  

Startups interested in applying for the program can find out more about the program and access the online application by visiting http://innovatefh.com/impact-accelerator

Interested applicants should:

  • Be strongly committed to improving the financial lives of Canadians
  • Have at least one full-time employee
  • Have developed a minimum viable product
  • Use technology as a key part of the solution 

Those interested in supporting the work of Innovate Financial Health as a mentor, partner or sponsor for the program can contact the IFH team at info@innovatefh.com