BrokerTech Ventures (BTV), a Des Moines-based investor group and accelerator program focused on the insurance agent-broker industry, has opened the application window for its 2023 cohort.
The deadline for BTV Accelerator applications is December 15. The initial review will be in January, with the top 20 startups chosen to take part in the Selection Series in early March.
The Selection Series will be a virtual event where BTV partners can dig deeper into the products, companies, and teams. Following that, the cohort will begin the five-week accelerator program in April 2023. A total of $500,000 in seed funding is available for the selected startups, with each startup receiving up to $50,000.
“There isn’t anything that can accelerate a startup more than distribution, and that is exactly what the BrokerTech Ventures Accelerator does,” said John Jackovin, BrokerTech Ventures Accelerator Executive Director in a press release. “Our broker, carrier, and wholesaler partners are hungry for the latest technologies and products that will help them identify risks sooner, provide better service, and drive down costs. As a result, our startups achieve the acceleration they need to grow and thrive.”