The document discusses Accelerator Frankfurt, a four-month accelerator program that will help startups in fields like fintech and cybersecurity. It will provide over 200 hours of education, mentoring, and consulting to startups. Eligible startups will be past the idea stage, have potential to scale internationally, and have at least one founder with strong technical background. The goal of the accelerator is to help nourish the startup ecosystem in Frankfurt and make the city a major fintech hub in the EU. It is seeking a grant of €240,000 per year for the next five years to support this vision.