NDRC launches FinTech start-up accelerator

Pictured: Jennifer Condon, Enterprise Ireland; Ben Hurley, NDRC; and Minister for Communications Pat Rabbitte

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11 March 2014 | 0

The National Digital Research Centre has officially launched its first start-up accelerator for Ireland’s financial services sector: NDRC FinTech.

Established in association with the help of Bank of Ireland, Enterprise Ireland, Mediolanum and State Street, NDRC FinTech will recruit 10 early stage financial services start-ups to work with over a part-time five-week programme starting on 19May 2014.

Through the programme, the successful applicants will get access to mentors from the financial services sector, entrepreneurs from the tech and the investment communities; the chance to test their ideas; and will have time and space to meet and work with peers and potential collaborators.

Speaking at today’s launch, NDRC CEO Ben Hurley said: “Over the last 30 years Ireland’s international financial services sector has grown into one of the world’s finest and, alongside Ireland’s vibrant start-up ecosystem, is well positioned to be a leading centre for innovation. NDRC FinTech will harness the best ideas from those interested in the financial services industry, partner these people with experts and set about creating dynamic, sector-changing tech companies.”

CEO of Enterprise Ireland Julie Sinnamon added: “Enterprise Ireland sees NDRC FinTech as a landmark program for supporting early-stage innovation in Financial Services.  Entrepreneurs and start-up businesses are the lifeblood of any economy and play a critical part in the long-term economic well-being of this country.”

The deadline for applications is 2 May 2014.

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