Morgan Stanley has unveiled an innovation lab with the aim of promoting diversity top of the agenda.
According to the Financial Times, which has seen an application form, a four-month programme will begin in July and end in a symposium that will “expose companies to potential investors through showcase presentations”.
The FT says any start-up with seed funding can apply, as long as they have a “multicultural” or female founder, chief technology officer or other member of the C-suite. The bank is targeting four or five companies for its first phase, building up to ten to 15 over time.