LaunchPad programme for digital entrepreneurs

The NDRC (National Digital Research Centre) says it is now open for applications to the LaunchPad investment programme. Ranked in the ‘Top 10’ EU Accelerator programmes 2011, nominated for Best European Accelerator at The Europas, and producing award winning startups such as Redeem&Get, NDRC LaunchPad has a track record in developing technology entrepreneurs with early stage innovative digital start-ups.
NDRC invests in and collaborates with participating early stage start-ups to establish market focused technically excellent and profitable ventures.

Mentoring and money
The digital start-ups – teams of up to three – chosen to take part will be based at NDRC for a three month period from 13th February 2012. During this time participants will receive a hands-on, mentoring programme; weekly workshops and networking opportunities with experts, and investment of up to €20,000 per project.
The programme will culminate with NDRC’s ‘LiftOff’ competition, taking place in May 2012 where the start-ups will present to a room of investors and compete for access to a follow on investment prize fund.

Huge interest
In 2010–2011 NDRC mentored, trained and developed 39 entrepreneurs, and has to date secured €4.8 million in commercial investment for technologies and start-ups. NDRC-backed start-up Redeem & Get recently won the Spark of Genius Award at #DWS7, giving it access to a term sheet worth €100k from ACT Venture Capital, half-way through its time with NDRC.
This year NDRC received 81 applications for 15 places on the current LaunchPad Programme, with participating start-ups from Ireland, Europe and North America.
To apply for a place on NDRC LaunchPad visit www.ndrc.ie/launchpad; deadline for receipt of applications is 5pm on the 16th December 2011.

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