|[December 04, 2012]
FinCapDev Competition Announces New Partner Organizations: Braintree, EachScape, Women Innovate Mobile
BOSTON --(Business Wire)--
has announced new partner organizations that will provide exclusive
technical and networking resources to competition Finalists.
Administered by the Center
and the D2D
FinCapDev is a $100,000 challenge facilitating the development of
innovative, market-ready mobile apps that will increase consumer access
to high quality, fairly-priced financial products and services.
New partners and their contributions to FinCapDev include:
- Braintree, a company that helps online and mobile businesses around
the world accept credit card payments by providing a merchant account,
payment gateway, recurring billing and credit card storage, is
offering two Finalists access to its payment gateway by waiving fees,
essentially giving finalists their first $10,000 dollars in processing
for free, along with covering all related interchange costs.
- Eachscape, the only platform that lets you build and manage high
quality custom apps across iOS, Android (News - Alert) and HTML5, for phones and
tablets, using drag & drop, will provide selected Finalists access to
their drag and drop platform to build their mobile apps. They will
also couple access to its platform with mentorship from experts at
- Startup accelerator with a mission to provide women founded mobile
ventures with the guidance, feedback and connections needed to make
their startups best in class companies, Women Innovate Mobile will
provide promotional support.
Braintree, EachScape and Women Innovate Mobile join FinCapDev partners
the Applied Innovation Institute, Citi, Dell Social Innovation
Challenge, Facebook, H&R Block, ideas42, MasterCard (News - Alert), and Yodlee; and
financial supporters the Ford Foundation, the Citi Foundation, and
The FinCapDev proposal submission period opened in early October 2012
and will close December 10, 2012. To submit a proposal go to http://fincapdev.com/apply.
Finalists will be selected by a panel of judges, including technical
feasibility experts to develop fully functional, market-ready mobile
apps starting in January 2013.
Finalist will receive:
Up to $10,000 in startup cash
Licenses to Yodlee's software
Access to expert advisors on topics such as product design, behavioral
economics and mobile development from organizations including ideas42,
H&R Block, MasterCard and more.
The opportunity to present their fully functional apps to a panel of
high-profile, expert judges at an event hosted by the Center
and the D2D
in June 2013
Prizes from a $100,000 prize purse, featuring a $50,000 Grand Prize,
to be awarded at the June event
To learn more about FinCapDev including rules, applicant guidelines, and
requirements, visit http://fincapdev.com
or follow on Twitter (News - Alert) at @fincapdev.
The Financial Capability Development Competition (FinCapDev, http://fincapdev.com)
is a nationwide $100,000 challenge to develop new mobile apps to help
working Americans make smart financial choices and get better access to
financial services. In addition to bringing approximately six
high-impact apps to market and available for consumers use, the
competition will create an ecosystem of American innovators, technology
companies, software developers, financial service firms, investors, and
nonprofits to foster innovation in new mobile financial tools.
About the Center for Financial Services Innovation
The Center for Financial Services Innovation is the nation's leading
authority on financial services for underbanked consumers. Since 2004,
its programs have focused on informing, connecting, and investing -
gathering enhanced intelligence, brokering and supporting productive
industry relationships, and fostering best-in-class products and
strategies. CFSI works with leaders and innovators in the business,
government and nonprofit sectors to transform the financial services
landscape. For more on CFSI, go to http://cfsinnovation.com
or follow on Twitter at @cfsinnovation.
About the D2D Fund
Doorways to Dreams (D2D) Fund strengthens the financial opportunity and
security of low and moderate income consumers by innovating, incubating,
and stimulating new financial products and policies. Operating at the
intersection of the private, non-profit and public sectors, D2D
incubates and promotes practical applications with social impact that
might otherwise lack a champion to nurture and bring them to market. D2D
was incorporated as a 501 (c) 3 not-for-profit organization in 2000 and
is headquartered in Allston neighborhood of Boston, across the street
from Harvard University's recently opened Innovation Lab. For more on
D2D, go to www.d2dfund.org
Launched in 2009, EachScape provides an open, powerful drag & drop
environment for creating and managing mobile applications without the
use of templates. EachScape utilizes component "Blocks" to build and
allow full customization of app functionality without any limitations.
EachScape currently generates apps for iOS, Android, GoogleTV, and
HTML5. Based in New York City, EachScape was founded by experienced
mobile experts Ludo Collin and Bob Fitterman. For more information
please visit www.EachScape.com.
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