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NJ FAST Fintech Accelerator
Also known as: NJ FAST, New Jersey Fintech Accelerator at Stevens
Stevens Institute of Technology · Hoboken, NJ
Quick fit check
- Offers direct funding
- Equity terms vary
- Currently active
- Verified by research
Key numbers
Funding range
$0 – $1,000,000
Equity
Equity
Varies by investment
Application
Semi Annual
External
Last activity
2026
High confidence
NJ FAST Fintech Accelerator
Program Type
accelerator
Institutional Scope
New Jersey, hosted at Stevens Institute of Technology, Hoboken. Operates as the 4th NJ Strategic Innovation Center (SIC). Open to global startups.
Description
State-designated fintech and insuretech accelerator hosted by Stevens in partnership with NJEDA, Prudential Financial, and Plug and Play. Two cohorts per year (fall and spring), each with 10-15 startups. Provides a three-month curriculum of weekly mentorship, business model refinement, pitch polishing, and concludes with a graduation expo. Stevens students serve as embedded interns. Equity investments of up to $1 million are made in at least 15% of participating companies. NJEDA committed up to $17.5 million (pending board approval). The portfolio includes 17+ current companies (Squirro, Venteur, DeepKeep, Cranium, and others).
Key Details
| Detail | Value |
|---|---|
| Launched | 2024 (first cohort fall 2024) |
| Partners | NJEDA, Prudential Financial, Plug and Play |
| Cohorts per year | 2 (fall, spring) |
| Startups per cohort | 10-15 |
| Equity investments | Up to $1M in ~15% of companies |
| NJEDA commitment | Up to $17.5M |
| Current portfolio | 17+ companies |
| Format | 3-month curriculum + graduation expo |
Resources Provided
- Equity investment (up to $1M)
- Weekly mentorship sessions
- Business model refinement
- Pitch polishing and investor prep
- Stevens student interns
- Access to Plug and Play network
- State-of-the-art facilities
Funding Details
Equity investments up to $1 million in at least 15% of participating companies. $17.5M NJEDA commitment.
Curriculum / Structure
3 months per cohort: weekly mentorship → business model refinement → pitch polishing → graduation expo at Prudential headquarters.
Eligibility
Early-stage fintech and insuretech startups. Recruited globally; at least 20% from New Jersey. Strong DEI focus.
Related Programs
Additional research notesShow
News & articles
News articles and official sources documenting NJ FAST Fintech Accelerator at Stevens Institute of Technology.
1 source
NJ FAST Fintech Accelerator — Stevens News
Stevens Institute of Technology

Stevens Institute of Technology
NJ FAST Fintech Accelerator — Stevens News
# NJ FAST Fintech Accelerator at Stevens Source: https://www.stevens.edu/news/stevens-to-host-nj-fast-fintech-accelerator — captured 2026-06-23. State-designated Strategic Innovation Center. Partnership: Stevens + NJEDA + Prudential + Plug and Play. Up to $1M equity investments in 15%+ of companies. $17.5M from NJEDA. Two cohorts/year, 10-15 startups. 17+ current portfolio companies. **Raw capture:** `raw/institutions/stevens-institute-of-technology/sources/2026-06-23-stevens-nj-fast.md`
Read on Stevens Institute of Technology
