The award application, initially open only to Calgary-based fintech startups or those looking to expand into the city, has now been broadened to include all Canada-based fintech companies without a requirement to relocate or be based in Calgary.

This exciting development opens the doors to fintech entrepreneurs nationwide, offering an unparalleled opportunity to showcase their innovation and compete for the coveted award. To accommodate the expanded participation, the application deadline has been extended to June 12, 2023, allowing ample time for all Canada-based fintech companies to submit their applications.

Building upon the resounding success of last year’s award, this year’s competition is set to be even more impressive with a diverse array of talented fintech startups vying for recognition. The Digital Commerce Calgary Fintech Award provides participants with invaluable coaching, guidance from industry experts, and the chance to compete for three non-dilutive cash prizes, amounting to over $300,000.

”Embracing the spirit of innovation, we are thrilled to announce the Canada-wide expansion of the Digital Commerce Calgary Fintech Award. Now, fintech entrepreneurs from coast to coast have the opportunity to showcase their brilliance and disrupt the financial technology landscape. Let’s come together, unite our expertise, and redefine the future of finance on a national scale,” says Jeffrey Smith, Co-Founder & CEO of Digital Commerce Bank.

The award competition selects a total of 25 startups to participate in a rigorous 6-week program featuring interactive workshops, leadership panel discussions, coaching, mentorship from industry experts, and unparalleled networking opportunities. The top five selected startups will have the privilege of live-pitching to a distinguished panel of judges, competing for the grand cash prize. The winners will be unveiled during an Award Gala scheduled for October 2023 in Calgary, Alberta.

“Calgary was named one of the top Fintech ecosystems in North America in 2022. By opening up the Digital Commerce Calgary Fintech Award to fintech startups across Canada, we’re helping connect startups nationally and showcasing what Calgary has to offer to scaling fintech companies. This award helps set the stage for extraordinary entrepreneurs and innovations that will reshape the fintech landscape nationwide, and highlight Calgary as a fintech hub for startups across Canada looking to expand their operations,” Terry Rock, CEO at Platform Calgary.

Last year’s winners included Fillip Fleet and Woveo, two financial technology startups that took home a grand total of $310,000 in non-dilutive cash to accelerate their businesses.