Comerica Bank and RocketSpace Present: The 2015 Wearable FinTech Startup Challenge

SAN FRANCISCO, Aug. 11, 2015 /PRNewswire/ -- Comerica Bank and RocketSpace announced today the launch of a business pitch contest focused on financial technology for the wearables market. Comerica Bank is the presenting sponsor, providing the full prize amount of $50,000 for the winning pitch.

Comerica begins accepting applications today, August 11, 2015. Interested entrepreneurs should visit the Comerica Cares Facebook page for more information and to fill out the application.

"We're excited to be partnering with RocketSpace on this contest that explores financial technology for a rapidly growing space," said Judy Love, Comerica Bank's California Market President. "We know there are a lot of entrepreneurs working on technology for the wearables market, so we're looking forward to seeing some very innovative entries."

"The FinTech market is one the of hottest right now and when you combine that with the fast moving wearables market, this is a great opportunity for entrepreneurs to get their product in front of influential people," said Duncan Logan, RocketSpace CEO. 

Applications will be accepted through September 16, 2015. The five finalists will be announced on September 30^th. Those finalists will compete in a "live" pitch event will be held at RocketSpace, the largest and leading technology ecosystem in the San Francisco Bay Area on October 29, 2015. The judging panel will consist of executives from Comerica Bank's Technology and Life Sciences Division, RocketSpace, and leading VCs. The winner will walk away with a check for $50,000.

About Comerica Bank's Technology and Life Sciences Division
Comerica Bank's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, venture backed technology and life sciences companies, as well as their more mature counterparts. The Technology and Life Sciences Division serves all major U.S. technology centers from offices coast-to-coast and its headquarters in Palo Alto, California as well as an office in Toronto, Canada. Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company that is among the 25 largest U.S. banking companies. For more information, visit www.comerica.com. Visit www.facebook.com/ComericaCares. Follow Comerica on Twitter at @ComericaCares.

About RocketSpace
RocketSpace is a technology campus located in the heart of San Francisco. Its members are innovative, fast-growing technology companies who want to gain a competitive advantage in the market. RocketSpace surrounds its members with the perfect ecosystem of resources they need to grow, including easy access to corporate brands, venture capital, partnerships, speakers, mentoring, talent, and resources required for next stage growth. Notable alumni include Uber, Leap Motion, Snip.it, and Podio. Corporate partners include British Airways, Microsoft, Pearson, and General Motors. For more information, please visit www.rocket-space.com and follow us on Twitter at @RocketSpace.

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SOURCE Comerica Bank

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