1. Does the BNY Mellon Ascent Program invest in participants?
Participants in the program do not receive an investment from BNY Mellon solely for participating. However, BNY Mellon is an active strategic investor that invests in companies that are aligned with our strategic priorities.
2. What is the time requirement?
The amount of time required depends on the time required to create the proof of concept (POC). Each POC is expected to run 3-6 months.
3. Is there a specific location for the Ascent Program?
No, everything can be done remotely.
4. What happens at the end of the POC?
At the conclusion of the POC, participants will receive feedback from the executive-level sponsor. If the POC is successful, it may improve the opportunity to enter into a commercial relationship with BNY Mellon. Additionally, participants will receive a BNY Mellon Ascent Program completion badge for use in external marketing.