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Intuit Launches New Accelerator for AI-concentrated Startups to Enable Communities Overcome Monetary Troubles in North America

TORONTO–(Business enterprise WIRE)–Intuit Inc. (Nasdaq: INTU), a primary worldwide money platform company recognized for products this sort of as TurboTax, QuickBooks, Credit score Karma and Mint, and Highline Beta, a undertaking studio and venture money company, nowadays announced the start of the Intuit Prosperity Accelerator: AI. The new five-thirty day period application aims to leverage the electric power of artificial intelligence (AI) to advance the fiscal prosperity of shoppers and corporations in North The united states.

The software of AI is revolutionizing how shoppers and little firms are benefiting from the firm’s goods and services by delivering innovative, personalised offerings and experiences at scale. Intuit has been investing in AI on its system for much more than 15 several years. The accelerator application is intended to leverage Intuit experience to support startup individuals unlock new procedures with AI to benefit their conclusion end users.

The plan builds on the power of the inaugural 2020 Intuit Prosperity Accelerator, which supported startups positioned to tackle the economic troubles Canadian customers and compact corporations deal with in the wake of COVID-19. The 1st cohort integrated eight startups and culminated with a Demo Day event in partnership with TechTO.

“As we get started to emerge from an unquestionably tough calendar year, the recently enterprising North American innovators will be the essential to our economic recovery,” mentioned David Marquis, Vice President and Canada Region Supervisor at Intuit. “Given the accomplishment of the Intuit Prosperity Accelerator in the course of the pandemic, we’re psyched about the opportunity to join with a new community of AI technological know-how innovators and equip them with supplemental answers to construct a brighter long run.”

“We are really psyched about presenting this distinctive chance to startups throughout the globe, eyeing the North American market,” claimed Hussam Ayyad, Main Accelerator Officer at Highline Beta. “Partnering with Intuit gives early-phase startups with the means to tap into the community of a globe-main tech firm with approximately 100 million customers globally. This gives collaborators unmatched current market intelligence as properly as the amazing skills of Intuit’s fully commited crew.”

About the Method:

The Intuit Prosperity Accelerator: AI is intended for significant-potential seed stage startups dependent in North The usa, who have AI-pushed options with items in the industry that intention to address financial problems. Purposes from pre-seed or later on phase firms will also be regarded as centered on the fit with the program’s themes and interest parts. Global startups are invited to use and ought to exhibit their worth to the North American current market. Effective applicants will have access to customized information and committed coaching to assistance expand their enterprises by utilizing Intuit’s design and style pondering methodology, Design for Delight (D4D), and an option for abide by-on financial commitment from Highline Beta. It will also present exclusive access to AI gurus, business enterprise mentors and a vivid alumni startup neighborhood.

The Intuit Prosperity Accelerator: AI is now accepting purposes right up until August 31st, 2021. 6 to 8 startups will be picked, with the software kicking off in Oct 2021.

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

About Intuit

Intuit is a worldwide engineering system that assists our customers and communities get over their most important economic difficulties. Serving roughly 100 million customers around the globe with TurboTax, QuickBooks, Mint and Credit Karma, we feel that everybody really should have the option to prosper. We in no way quit functioning to uncover new, revolutionary techniques to make that achievable. Remember to pay a visit to us for the hottest information and facts about Intuit, our products and companies, and obtain us on social.

About Highline Beta

Highline Beta is a venture studio and undertaking capital firm aiding massive organizations develop outside the house of their core as a result of natural enterprise enhancement and inorganic startup partnerships. Highline Beta is Intuit’s associate in the Intuit Prosperity Accelerator. Highline Beta layouts, executes, and oversees the program, as perfectly as advises on the selection of startups to take part. Study much more at Highline Beta.