We have seen that launching and scaling a startup continues to be a challenging journey for early-stage entrepreneurs, and we have all heard the statistics that a large number of startups fail. That’s why today, IBM announced the IBM Hyper Protect Accelerator Powered by IBM LinuxONE designed to build and scale the next generation of fintech and healthtech companies with solutions engineered to keep their sensitive data highly secured.
Over four phases – call for entries, startup identification, an in-person workshop and ongoing mentorship – selected startups will work with IBM and our collaborators IBM Alpha Zone, Queen City Fintech, and MEDICI, to help them develop their ideas into sustainable and scalable companies.
The selected startups will have access to technical workshops from IBM, an experienced network of business and technical support, connections to Queen City Fintech’s 300 business mentors, business value design assistance, curated curriculum specifically designed for startups, and up to $10,000 monthly in IBM Cloud technology credits that can be used within that month to access IBM Cloud Hyper Protect Services running on IBM LinuxONE. By the end of the program, the cohort will have had the opportunity to each receive up to $120,000 in credits.