Lloyds and FinTech Scotland have partnered to create a new FinTech Innovation Incubator.
In Brief:
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Lloyds Banking Group will work with 12 companies.
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The 12-week programme involves support clinics and opportunities to pitch.
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Applications are open until 21 October.
What does this mean?
The incubator aims to help startups create proof of concepts. The organisations say that at the end of 12 weeks they will be able to “prove the value of the solution and discuss relevant and appropriate commercial next steps”.