PlugAndPlay Fintech
We fast-track the innovation strategy of over 70 of the world's largest financial institutions. By joining Plug and Play, you will gain access to a vast network of 50,000+ startups, keep up with the latest industry trends, launch pilots, POCs, and much more.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Incubator Accelerator
Sectors
Fintech
Demographics
Incorporation
For Profit
Perks
Networking
Region Restriction
This grant is restricted to whole of Spain This grant is restricted to whole of United States This grant is restricted to whole of United Arab Emirates
Keywords
innovation, startup, strategy, network, fintech
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
1. Team
The most critical thing we look into is the quality of the team. We really like to see founders with deep experience in the field that they are disrupting. This includes an ability to demonstrate an impressive understanding of their competitive landscape.
All too often, a startup will try to raise money to fill holes in their team. We believe that the best startups cover all bases and then reinforce. If you have an engineer, a marketer, and a person handy with numbers, your application will make it to the top of our pile.
If a team has the technical expertise to execute their vision, they are ready to join a program and get investment. Full time commitment to the startup is a must – we need to know that your team is entirely dedicated.
2. Market
Understanding the market that you are entering is vital. We are much more likely to invest in a small fish in a big pond, than vice versa. It is, therefore, imperative to clearly prove that your solution is defensible and scalable.
We want to see that you have taken the necessary steps to ensuring your product is difficult to replicate. We also want to see that you have understood the financial opportunity of your company and how it will increase in value over time.
Coupled with experience in the field, you should also have memorized a list of key facts and figures. These should include: addressable market size, your company growth metrics, and competitor traction. If you can prove a good product-market fit through traction – great. If you are pre-traction, it is always best to have a workable demo to inspire faith in the idea.
3. Presentation
The final piece to the puzzle is your ability to pitch your company. We don't just like passionate founders, we love them. If you can convey your idea with passion, grace, and confidence, your chances of being accepted are high. We want to see well rehearsed pitches with cleanly designed presentations. If you have a pitch video, even better, but ensure that it doesn't creep over the two minute mark.
Grant Application website
https://www.plugandplaytechcenter.com/fintech/
Contact
https://www.plugandplaytechcenter.com/fintech/#join