Bank of America Breakthrough LabTM

What if your big idea became a powerful force for change?

Breakthrough Lab is an impact accelerator program that provides economic opportunity and capital access to Black, Hispanic-Latino, Native American, and other underrepresented minority entrepreneurs. Our part-time program provides hands-on mentorship to a small group of early-stage businesses by helping founders build growth models, establish industry contacts and position themselves for new funding. Whether you’re looking for digital expertise, industry connections, or access to capital, you can count on us. Your success is our success.


We are currently not accepting any applications but interested candidates or partners can reach out to us at

Who is eligible

The Breakthrough Lab is open to:


  • Entrepreneurial-spirited teams with a minimum of two and a maximum of five members
  • Founders from Black, Hispanic-Latino, Native American, and other underrepresented groups (Minority ownership of 50% or greater)
  • Ideas related to financial technology and tech-enabled solutions promoting financial inclusion
  • Participants that have not received prior seed funding


While the aspirational goal of our program is to increase access for underrepresented groups, all eligible entrepreneurs regardless of background are encouraged to apply.


What benefits can you expect?

Curriculum — Access and exposure to bank and industry financial technology experts offer key content of the curriculum.


Mentoring — Establishing connections with senior-level bank mentors and access to bank and industry pros provides essential guidance.


Access to capital — Pitch day and curriculum can open opportunities for capital by establishing connections to potential investors, CDFIs and grant providers.


Program Expenses — Bank of America will pay for select expenses associated with the program.

How it works

The six-month, part-time program provides business resources and best practices from industry experts and successful startups. The high-touch program offers four levels of support:


  • Two to four hours per week of education
  • Weekly one-on-one team office hours
  • Dedicated senior-level mentors
  • Expert insight from industry professionals

Introducing Breakthrough Lab cohort

Meet the fintech companies that are part of the program.


Muse Tax Inc.

Quinn Cobbledoger



My Home Pathway

We Pair Health

Moneta App




It Starts with Me


RE: Link







Our alumni companies:



The Zone


Universal Monetary Systems


Meet the leaders

This program is part of the larger initiative from Bank of America to help advance economic and social progress worldwide. Breakthrough Lab is developed and led by a diverse team of industry experts.


Program Sponsors

Rodney Gardner | Managing Director, Co-Head — GTS Social & Economic Action Council

Derrick Walton | Managing Director, Emerging Payments, Program Sponsor

Program Team

Rina Arline | Managing Director, Program Director

Linda Haddad | Director, Program Coordinator

Made possible with support from

Connect with us for partnership or investment opportunities.