[LITTLE ROCK, Ark.] March 13, 2017 – The Venture Center has announced a partnership with Bear State Bank, naming them an Executive Partner for the 2017 VC FinTech Accelerator — Empowered by FIS.
The VC FinTech Accelerator is a rigorous 12-week program designed to accelerate the growth of early stage startups. The highly selective program will admit 10 startups poised to bring bank-enabled solutions into the financial services industry.
“Banking and financial institution partnerships are a core component of the VC FinTech program,” said Lee Watson, CEO & President of The Venture Center. “It is our strong relationships within the banking community that makes our accelerator program globally competitive.”
Financial institutions that partner with The Venture Center and their VC FinTech Accelerator program have the opportunity to gain early access to some of the latest innovation in the banking industry.
“Embracing and supporting programs like the VC FinTech Accelerator can enable new financial products and services that will provide our customers with a better overall experience,” said Yurik Paroubek, Chief Technology Officer of Bear State Bank. “People interact with money in every aspect of their lives and we need to find ways to make those interactions simple, mobile and effective for our customers.”
According to The Venture Center, the accelerator program received 295 applicants from all over the U.S. and more than 25 other countries. The 2017 portfolio of startup companies accepted into the accelerator program will be announced May 10 at a press conference held at the Little Rock Technology Park.
About Bear State Financial, Inc.
Bear State Financial, Inc. is the parent company for Bear State Bank. Bear State Financial, Inc. common stock is traded on the NASDAQ Global Market under the symbol BSF. Its principal subsidiary, Bear State Bank, is a community oriented financial institution providing a broad line of financial products to individuals and business customers. Bear State Bank operates 48 branches and three loan production offices throughout Arkansas, Southwest Missouri and Southeast Oklahoma. For more information on Bear State Financial, visit www.bearstatefinancial.com.
About The Venture Center
The Venture Center helps entrepreneurs turn their start-ups into viable, high-growth businesses. By leveraging the expertise of a world class team of mentors, intensive programming and introductions to the investor community, The VC serves as an engine for economic growth in Central Arkansas and beyond. In the first two and a half years, The VC’s member companies have created more than 280 jobs, generated $12 million in revenue and have raised a combined $19 million in capital. For more information, visit http://www.venturecenter.co.
Bear State Financial, Inc.
Shelly Loftin, 501-975-6033
Chief Marketing Officer
The Venture Center
Jennifer Thompson, 501-404-9875
Director of Marketing & Communications