Bank of Ireland announces NDRC sponsorship
24 May 2016 | 0
Bank of Ireland is to sponsor NDRC’s June and December investor days and Female Founders programme.
For Investor Day, 12 NDRC ventures will pitch to a judging panel – featuring input from from Bank of Ireland – to select the overall winner who will receive €30,000 in follow-on-investment.
Under the Female Founders programme 10 female-founded ventures will join NDRC for a six-month programme from June. Bank of Ireland will nominate members to join NDRC’s existing mentor team to help and advise the ventures during their time at NDRC as they begin the journey from early stage start-ups to successful and scalable business.
Ben Hurley, CEO, NDRC, said: “For the economy, a volume of new start-ups is important because it is a key engine of growth. To get this growth we need early stage investment in new young ventures… NDRC has an unrivalled track record of success with early stage investment, we work with companies to hone their ideas and make sure they have met certain strict criteria before giving them a platform with investors.”
Garvan Callan, director of customer, digital & innovation, Bank of Ireland, said: “Combined with sponsorship, we believe our team can bring their significant expertise to bear for start-up entrepreneurs and we’re delighted with the opportunity to partner with NDRC to help make a success of these talented start-ups. The start-ups of today are the flagship successful businesses of the future, and we’re keen to partner with them at the early stage to help them build and scale their enterprise on a solid footing.”
For more on NDRC listen to our interview with Ben Hurley on TechRadio.