IBM and Columbia University make blockchain accelerator programme announcement

IBM and Columbia University are launching two new blockchain technology accelerator programmes, as part of the Columbia-IBM Center for Blockchain and Data Transparency. Further details here and here.

“The possibilities presented by blockchain technology are seemingly endless, and we are seeing strong dedication by technical talent to build game-changing applications,” says David Post, Managing Director, IBM Blockchain Accelerator.

“What is also needed to truly bring about this sea change is the right technology and expertise which is why IBM is working with Columbia to help give early- and mid-stage founders a way to build enterprise-grade networks that can move blockchain innovation forward.”

“Columbia University has successfully launched several technology accelerators in New York City, but this is our first in partnership with a corporation that is a clear industry leader in the field,” adds Satish Rao, Executive Director, Columbia Blockchain Launch Accelerator.

“Early- and late-stage teams will undoubtedly benefit from IBM’s technology resources, expertise and established network coupled with Columbia’s groundbreaking research and talent in blockchain and data transparency, all while benefiting from rapidly growing NYC blockchain communities.”

Both programmes will give companies access to technology and services valued at approximately $400,000 per company. Nominations for the IBM Blockchain Accelerator are now open. Applications for Launch will open in January 2019. IBM and Columbia say that they will not take equity nor charge a fee for participation.