At a packed house at SOSA Tel Aviv the startup community came together to formally kick off the first Barclays Accelerator Powered By Techstars launch event.

On hand were executives from both Barclays and Techstars, as well as alumni of other related Techstars programs in the U.S., U.K., and Germany.

This is the first program that Techstars is doing in Israel and by partnering with Barclays and having a focus on Fintech and Cyber, they will be expanding their current program which currently has locations in New York, London, and now Tel Aviv and Capetown.

Barclays Offers Rise

In addition to the Techstars initiative, Barclays is also offering the  “Rise’ community, a physical and virtual global community for Fintech innovation and financial services, that will host Barclay’s flagship accelerator program, targeting Fintech startups pioneering the future of financial technology and services.

The vision of the ‘Rise’ community, combines all entities involved in the development of financial applications to communicate on an ongoing basis with each other, to create a conversation.

Techstars is looking for a strong teams from Israel and around the world, a product that is in market that has some initial traction, and a good fit that will help you gain access to the Barclays ecosystem of sponsors. These sponsors inside Barclays can make things happen and accelerate opportunities within the bank worldwide.   They are looking for innovation and new ways of thinking in these two areas.

To learn more and apply, click here at the Barclays Accelerator program site. The deadline for applications is January 2, 2016. The program will run March 13 – June 24.