BrokerTech Ventures, a Des Moines-based investor group and accelerator program focused on delivering innovation to the insurance agent-broker industry, has opened the application window for the 2020 BrokerTech Ventures Accelerator cohort.
The first cohort of the five-week accelerator program will begin in March 2020. A total of $500,000 in seed funding is available for the selected broker-centric, early-stage startups, with each startup receiving up to $50,000.
The deadline for submissions is November 29, 2019, and selected startups will be notified of acceptance in early February 2020.
“We’re looking for any and all new ideas applicable to the agent and broker community,” said Dan Keough, Holmes Murphy chairman and CEO and BrokerTech Ventures co-founder. “We intend to cast a wide net to capture the broadest view of innovations which support needs specific to brokers, ultimately bringing these selected insights and products to our customers and business partners.”
Backed by nine privately held brokerage firms throughout the U.S.m the BrokerTech Ventures Accelerator will be an innovation hub for startups to test broker-centric ideas and products, while bringing new and innovative ideas and solutions to the industry.
Seeking an Executive Director
In addition to the opening applications for startups, the accelerator is still in the process of hiring the organization’s first Executive Director.
BrokerTech Ventures will accept applications for this position through Friday, November 1, 2019.
Accelerator program for insurance agent-brokers launches in Des Moines -Sept. 19, 2019