The National Digital Research Centre (NDRC) has opened applications to the next round of its LaunchPad investment programme.
Selected in teams of three, the chosen entries will be based at NDRC for a three-month period from 13 February 2012. During this time participants will receive a hands-on, intensive mentoring programme, weekly workshops, networking opportunities with experts, and investment of up to €20,000 per project. The programme will culminate with NDRC’s LiftOff competition 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.
In 2010-2011 NDRC developed 39 entrepreneurs and has secured €4.8 million in commercial investment for technologies and start-ups since inception. Last week the NDRC-backed Redeem & Get won the Spark of Genius Award, giving them access to a term sheet worth €100,000 from ACT Venture Capital, half-way through their time with NDRC. This year NDRC received a record 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. The deadline for applications is 5pm on the 16 December.
TechCentral Reporters
Pictured (l-r): NDRC LaunchPad participants Terence Hong, Adjuno; Claire Burge, Thoughtbox; LaunchPad director Gary Leyden
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