Financial Solutions Lab Networking Happy Hour
Join us for the Financial Solutions Lab Networking Happy Hour where we will hear about the $3million Financial Solutions Lab competition and how innovators and entrepreneurs can hone their ideas and craft competitive applications!
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Wednesday, March 11, 2015
6:30 PM – 8:00 PM
Propeller Incubator: Co-working & Events space
4035 Washington Avenue
New Orleans, LA 70125
Over one hundred million Americans struggle with balancing their household budgets. When bills are due one day, the paycheck come another, consumers are caught in a cycle of debt as they are forced to rely on alternative services like payday lenders or check cashing institutions to bridge the gap.
The Financial Solutions Lab launched a $3 million competition calling on all innovators to participate. Approximately eight innovators with solutions to this pressing financial issue will be selected to join the Lab and will each receive up to $250,000 in capital and technical assistance, including national partnership opportunities, industry expertise, mentorship, and cutting-edge consumer and design insights necessary to build the next generation of leading financial services organizations.
The Financial Solutions Lab is a $30 million, five-year initiative managed by the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. to identify, test and expand the availability of promising innovations that help Americans increase savings, improve credit, and build assets.