BOSTON–(BUSINESS WIRE)–InterSystems and Global Accelerated Ventures (GAV) announced today a newly developed innovation program designed for startups in the areas of fintech, health tech, logistics and data analytics. Through this new program, startups will have the opportunity to develop software solutions built on InterSystems IRIS Data Platform that are robust, market-ready and ultimately resonate with potential customers.
Working with InterSystems, the company behind some of the world’s most important applications, including those created by Epic, the European Space Agency, and six of the world’s 10 largest financial institutions, selected startups will get untethered access to InterSystems IRIS Data Platform, a unified data platform that enables the rapid development of data-intensive solutions.
Selected startups will also get application development assistance, access to partner channels and seed capital to scale up. GAV will support go-to-market planning, including communications, research, and growth through GAV’s Centers of Excellence.
“We are excited to kick off this program with GAV and the startup community,” says Carlos Nogueira, General Manager of InterSystems IRIS Data Platform. “At InterSystems, we are passionate about technology and innovation. There is a vast amount of untapped talent in the startup ecosystem that can help reshape future business models. Collaboration is key, as this partnership shows.”
InterSystems and GAV will select startups for global markets within the health tech, fintech, logistics or Big Data industries to participate in the program. Participating startups must meet the following program criteria:
- Must be operational in their current form (or MVP)
- Founders must demonstrate their knowledge and proficiency in the sectors they are attempting to disrupt
- Provide a solid business case and core team fully committed to success
- Selected startups must migrate to InterSystems IRIS Data Platform
“The startup program with InterSystems presents a unique opportunity that could catapult a startup and grow their business exponentially,” says Thomas Buchar, Co-founder and Managing Director at GAV. “By leveraging our respective network of incubators, accelerators, enterprise partners, and resources we can help startups realize new business opportunities. We look forward to working with these companies in collaboration with InterSystems.”
Tom Trepanier, CEO, Centers for FinTech Transformation at GAV added, ”Our collaboration with InterSystems cultivates a trusted space between incumbent corporates and startups participating in their own transformation. With corporate leaders in fintech, GAV has created a community of entrepreneurs, startups as well as public and corporate representatives with the common goal to strengthen an innovation ecosystem to foster greater collaboration and scaling of operations across borders.”