• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Fintech.ca

Your Source for Canadian Fintech News

 
 
  • News
  • Thought Leaders
  • Interviews
  • Job Board
  • About

Platform Calgary Partners With Digital Commerce Bank To Launch $1 Million Fintech Award

November 3, 2021 by Fintech Newsdesk Leave a Comment

Digital Commerce Bank is partnering with Platform Calgary on an initiative to launch an annual $1 million Fintech Award in Calgary.

Through the partnership, DCBank will be the title sponsor of the Fintech Award, and together with Platform Calgary will aim to accelerate the growth of fintech startups and transform Calgary into a global hub for fintech innovation.

The Award is intended to provide a non-dilutive award of cash and additional services to startups working in fintech with $500,000 going to the top applicant, and $250,000 each to the second and third runners up.

DCBank is leading the Award with a financial commitment of $1 million over four years, and along with Platform Calgary are currently working to engage additional financial contributors and other partners to develop a world-class Fintech Award program for Calgary.

“We are excited to launch this innovative, non-dilutive annual fintech award together with Platform Calgary”, said Jeffrey Smith, the Bank’s President & CEO. “Digital Commerce Bank’s head office is in Calgary, and we believe Calgary offers businesses, employees and shareholders advantages that are beneficial, and this initiative will showcase Calgary’s unique opportunities.”

Set to start the application process in Q1 of 2022, the Award will also include opportunities for mentoring, programming and discounted services for participants.

“Platform Calgary is laser focused on making Calgary a global hub for startups and innovation. Collaboration is at the core of how we work, and this visionary partnership with Digital Commerce Bank promises to be a game changer for both our city and the trajectory of the award winners. Digital Commerce Bank and the team have shown that they know how to build high growth businesses right here in Calgary, and we couldn’t be happier to help them pay it forward.”

Filed Under: News Tagged With: Digital Commerce Bank, Platform Calgary

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

 
 

Email Newsltter

LinkedIn
Twitter
Facebook
RSS

Founding Sponsors

Recent Posts

  • Montreal’s Dello Wants Crypto Payments to Be Simple as Debit or Cash
  • The 10 Best-Funded PropTech Startups in Canada
  • Q+A with Key Co-founder Daniel Dubois on Real Estate Co-ownership
  • Second-Annual Property Technology Report Highlights Health of Ecosystem in Canada
  • Canada Looks to Eradicate Legacy Payment Systems by Building the Real-Time Rail

Copyright © 2022 Incubate Ventures