NDRC at PorterShed
Entrepreneurs with a digital technology focus to their business can now apply to participate in a leading accelerator programme in the West – NDRC at PorterShed.
NDRC is currently looking for ambitious entepreneurs with digital startups to join its upcoming accelerator, beginning in August at PorterShed, Galway.
Successful companies will secure investment of €50,000 (€30,000 cash and €20,000 in services), per venture. They will also receive expert mentoring in customer discovery, business model design, sales and growth tactics, finance, investment, technology, marketing, design and communications
NDRC has partnered with the Galway City Innovation District to deliver the programme, which is co-funded by Enterprise Ireland. Last year Galway-based Appraisee came out on top of the first NDRC at PorterShed Investor Showcase, with the car retail software company winning an additional €30,000 in finishing investment from NDRC.
The programme will be based in PorterShed, Eyre Square in Galway, moments walk from Ceannt Train Station.
The NDRC team will work intensively with each company, over a short time-frame, helping them to understand what value their company can offer customers, working on their strategy for growth and getting them ready to meet the demands of both investors and the marketplace.
NDRC portfolio companies such as Boxever, Logentries, Silvercloud Health, Wia and Tandem have already gone on to successfully obtain millions of euros in follow-on investment.
How do you apply?
To apply, please complete this form by 24 June. Those startups deemed best suited will subsequently be invited to pitch to NDRC over the course of the following weeks, with the programme commencing on 13 August.
What do you get?
- Investment worth €50k per venture and space for your team at NDRC at PorterShed
- Three months working alongside a broad spectrum of start-ups, innovators and investors
- Expert mentorship in areas such as customer discovery, business model design, sales and growth tactics, finance, investment, technology, marketing, design and communications
- Weekly workshops and networking with acknowledged thought leaders
- The opportunity to build your connections with the investment community
What areas are NDRC interested in?
NDRC’s accelerators are industry agnostic, though every venture must have digital at its core.
Areas of interest include, but are not limited to:
- Data Analytics
- Internet of things
- Artificial Intelligence
- Augmented Reality
- Virtual Reality
- Travel tech
Who should apply?
NDRC invests in exceptional teams who are at the early stages of developing a business proposition of global scale.
A digital technology focus does not necessarily mean a founder has to have a background in technology, it means they have a digitally based solution to a problem. As a result we are looking for founders from a variety of backgrounds – industry, corporate, engineering, agriculture, tourism, research etc.
NDRC defines “early stage” to mean a project which is addressing a clearly identified problem, and has either outlined steps to developing a viable solution to this problem, or already has a minimum viable product (MVP) in the market.
If you are at idea or concept stage with your project, and have not yet validated these key aspects of your venture, there are other supports available locally such as Enterprise Ireland's New Frontiers or Enterprise START programmes, which may be a better fit.
About NDRC at PorterShed
NDRC at PorterShed was the first regional accelerator undertaken by NDRC, in partnership with Galway City Innovation District and co-funded by Enterprise Ireland. NDRC at PorterShed is a key part of Enterprise Ireland’s overall strategy for increasing the number and quality of start-ups that have the potential to employ more than 10 people and achieve €1 million in export sales within three years.