Fintech startups from all over the world can now apply for valuable help with business development
Earlier this Spring, the Holt Fintech Accelerator launched in Montreal, contributing to the growing and thriving technology ecosystem. Fintech entrepreneurs are invited to apply for its inaugural cohort before July 29, 2018, to get access to capital, Canada’s largest AI solutions provider, committed partners, training and mentors to grow.
Founded by the Holt-Dunn family, with more than 100 years of family investment experience, Holdun is investing in the technology of the future.
This project extends the entrepreneurship legacy of Sir Herbert Holt, Quebec’s energy pioneer, who created one of the largest privately owned utility in the world, now known as Hydro-Québec, as well as for his financial industry impact, as the longest-serving chairman and president of the Royal Bank of Canada.
“Coming from a family of entrepreneurs, it feels very logical to me to honour the entrepreneurial spirit that the family has been cultivating, with a focus on fintech and AI,” says Brendan Holt Dunn (Sir Herbert’s great, great grandson), Founder and Managing Partner for the Holt Fintech Accelerator Program. “We want to give back to the community and, thanks to this program, we’ll definitely be able to make a difference in the future for these startups.”
The search is on
The Holt Accelerator is currently engaged in a global search for the next 400 rising stars in fintech to take part in the program, and it encourages all interested candidates to submit their applications through the Holt Accelerator website by July 29th for a chance to participate.
As the only accelerator in Canada offering Stradigi AI, a foundational resource for fintech companies, the program is designed to unleash the full potential of participating businesses. Holdun selected Montreal for the accelerator, citing the more than 170,000 students and leadership in AI and blockchain.
Jan Christopher Arp has been named the co-Managing partner, bringing more than a decade of experience supporting and forming more than 100 fintech companies.
“We’re really pleased to welcome such an experienced player to the Accelerator Program,” said Brendan Holt Dunn. “With a deep understanding of the fintech industry, Jan will step up the game for fintech startups and unlocking their full potential.”
Building on an entrepreneurial legacy
The Holt-Dunn family is the direct legacy of Sir Herbert Holt. Their ancestor immigrated to Canada in 1873 and built the Montreal Light, Heat & Power Company, which would later be expropriated and is now known as Hydro-Québec.
Business people at heart, members of the family founded or owned over 300 companies locally and internationally. At one time, the family possessed assets accounting for about three billion dollars (equivalent to forty billion dollars in today’s currency). That amount was 10 times larger than the Canadian government’s circulating currency. Sir Herbert Holt was inducted into the Canadian Business Hall of Fame in 1979 and is, to this date, the longest-serving chairman and president of RBC (from 1908 to 1934). His participation was crucial in turning RBC into the country’s largest bank and the third largest in North America.
Holdun, a 5th generation family business is comprised of Holdun Family Office, Holdun Wealth, Holdun Trust, Holdun Corporate Services, Holdun Financial Services, Holdun Concierge Services and Forte Fund Services. Much like Sir Herbert, the leaders at Holdun are business-savvy, entrepreneurial and proud of their roots.