Mentorship
Coaching from dedicated DMZ Entrepreneurs-in-Residence and BMO advisors acting as a part of your team.
We've partnered with BMO to search for Canada’s most innovative fintech companies that are ready for market exposure and are looking to grow in size, revenue and investment. The goal? To scale and fuel the next generation of innovative financial services in just four months.
Mentorship
Coaching from dedicated DMZ Entrepreneurs-in-Residence and BMO advisors acting as a part of your team.
Piloting
The opportunity to further commercialize, scale your technology and conduct a proof of concept with relevant business lines at BMO.*
Connections
The chance to meet and network with fintech experts, investors, businesses and BMO’s executive community.
Workshops
Four months of tailored support and exclusive workshops on topics such as regulations, data security and sales.
Cash prizes
$50,000, $35,000 and $15,000 for 1st place, 2nd place and 3rd place, respectively.
Workspace
Dedicated workspace in the heart of Toronto and access to a pool of exclusive resources.
* Piloting not guaranteed
Have a functional prototype (at minimum) of the product, service or application
Be focused directly on innovating financial services and its customer value proposition
Potential to grow and scale to achieve high impact
Have an innovative business with market validation and demonstrable impact
Be an incorporated Canadian business
Have a driven, coachable and collaborative leadership team
Have at least one founder working on the business full-time
For complete details, please read the contest rules.
Eligible startups can apply through the online application form here. The deadline to complete and submit your application is June 29, 2017 11:59 pm EST.
Based on the quality of submissions, up to 10 finalists will be invited to pitch to a selection committee comprised of BMO executives, program advisors and the DMZ’s Startup Services team.
The panel will select six winning startups to participate in the four-month program. Successful applicants will be notified by July 14, 2017.
Startups will start their four-month intensive journey and join the most vibrant entrepreneurial community in North America.
At the end of the four months, the six startups will participate in a “Startup Showcase” where they’ll pitch for pilot opportunities with BMO. Three of the six companies will be selected and awarded prizes of $50,000, $35,000 and $15,000 respectively.
Cinchy is a web-based data management platform that features an easy-to-use user interface that helps companies manage and share data.
Cinchy Inc.
TypeSift acts as a digital CFO for small businesses. It helps companies make important decisions using their own data.
TypeSift Inc.
Sprout is a financial coach that you can carry in your pocket and helps you save and manage your money more effectively than ever before.
Vicis Labs (Sprout)
Viviplan is an end-to-end platform that provides Canadians with sophisticated financial planning services at an affordable price.
Viviplan Inc.
WealthLime makes AI-influenced software for financial service firms that enhances business and enterprise productivity.
Wealthlime Inc.
Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.