IBOS member Royal Bank of Canada (RBC) has announced the launch of RBC Reach, a corporate accelerator programme for startups.
RBC Reach is currently accepting applications, which also provides companies with an initial investment and coaching to help them grow their businesses.
Startups from across Canada and internationally are invited to apply for a spot in the first cohort of the accelerator program, which will focus on delivering solutions that go beyond banking.
To deliver the program, RBC is partnering with Highline BETA, a renowned startup and co-creation new venture company that focuses on working with enterprises to launch market-leading ventures.
At the end of the programme, companies that sign an agreement with RBC will participate in additional part-time programming to drive the implementation and launch of a commercial pilot. These companies will also be eligible to receive additional investment from RBC and Highline BETA, as well as support from Highline BETA to raise future rounds of funding.
Read the full press release via RBC here.