Intuit Canada Launches The Intuit Prosperity Accelerator

Intuit Canada, a leading global financial platform company known for products such as TurboTax, QuickBooks and Mint, and Highline Beta, a venture studio and venture capital firm, today announced the launch of the Intuit Prosperity Accelerator. This program aims to solve very specific problems that will help enable the future financial health of consumers and small businesses across Canada.

Since the onset of COVID-19, half (49%) of Canadians report that they are $200 or less away each month from insolvency, according to the latest MNP Consumer Debt Index. CFIB reports that 48% of small businesses are making half or less their normal sales, with 50% stating they are most concerned about their business cash flow. These are just a few of the problems this accelerator will be looking to help solve.

Successful applicants to this accelerator will pilot solutions that: 1) help Canadian consumers eliminate debt, build savings and enable financial literacy; and/or 2) help Canadian self-employed and small businesses improve cash flow, get customers, and access help.

Selected startups in the Intuit Prosperity Accelerator will benefit from four months of virtual programming, where they will have access to a mentorship network, $20,000 towards pilot execution, and the opportunity for follow-on investment from Highline Beta. The program will accept global applications from high-potential seed-stage tech startups with products in market, but is open to the possibility of pre-seed or later stage. The Intuit Prosperity Accelerator is now accepting applications until September 4th.

For more information on eligibility requirements and to apply, visit:
http://www.intuit.com/ca/prosperity-accelerator.

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