The Propeller Venture Accelerator, part of the DCU Ryan Academy for Entrepreneurship, has its first Demo/Investor Day in Citywest (Dublin) on the 6th of May. Over seventy investors, from Ireland, the US, the UK and Italy are due to see pitches from the six technology companies on the mentor-led incubation programme.
These startups, five from Ireland and one from the UK, cover key technologies such as mobile applications, online gaming, health informatics, internet applications and cleantech. The Propeller Venture Accelerator was established in 2010 with the funding of €1 million from Irelandia Investments and Declan Ryan (Ryanair). The aim is to accelerate early stage technology startup companies, both Irish and international, in Dublin. The Propeller Accelerator has taken the successful US accelerator model and adapted it to the Irish context. Over forty high corporate mentors from a range of high technology companies as well as serial entrepreneurs have been working with the Propeller companies over the last 3 months.