BrokerTech Ventures, a Des Moines, IA – based broker-led investor group and accelerator focused on delivering innovation to the insurance agent-broker industry, opened the application period for the 2020 BrokerTech Ventures Accelerator program.
Backed by nine regional brokerage firms, the BrokerTech Ventures Accelerator is an “innovation hub” for startups to test broker-centric ideas and products, while bringing new and innovative ideas and solutions to the industry.
The deadline for submissions is November 29, 2019, and selected startups will be notified of acceptance in early February 2020.
Subsequently, the first cohort will begin the five-week Accelerator program in March 2020.
A total of $500k in seed funding is at stake for the selected broker-centric, early-stage startups, with each startup receiving up to $50k.
In addition to the Accelerator submission process opening, a targeted search is in progress for the organization’s first executive director. BrokerTech Ventures will accept applications for this position through Friday, November 1, 2019.
To submit an application for the 2020 Accelerator or apply for the BrokerTech Ventures Executive Director position, go to www.brokertechventures.com.
Founded in 2019, BrokerTech Ventures is a broker-led investor group and accelerator program focused on delivering innovation to the insurance agent-broker industry. The firm invests in the research and testing for each of the chosen startups, provides access to veteran industry mentors, and helps scale the technology to market through broker distribution channels.