Entry submissions have opened for a six-month accelerator programme for entrepreneurs developing disruptive AI solutions for the global market.
The AI Ecosystem Accelerator, which begins in April, will be delivered by NovaUCD, the university’s hub of innovation and start-up activities, in partnership with CeADAR, Ireland’s National Centre for Applied AI.
The programme is being funded through the European Digital Innovation Hubs (EDIH) framework, a Europe-wide initiative with funding of €700 million from both the European Commission and the Governments of member states.
The Dept of Enterprise, Trade and Employment, through Enterprise Ireland, is leading on the EDIH programme for Ireland and CeADAR has been designated as the European Digital Innovation Hub in AI for Ireland.
Supports for participants include a dedicated commercial mentor and workshops on value proposition, route to market, sales strategies and securing investment. Participants will have access to co-working space at NovaUCD and access to the NovaUCD community of founders, investors, business partners and student interns. Participants will also have access to CeADAR’s EDIH services which include AI technologies, and research expertise with technical mentorship.
Dr Ricardo Simon Carbajo, director of innovation & development, CeADAR, said: “The AI Ecosystem Accelerator is one of the key services of CeADAR’s European Digital Innovation Hub programme. Run in partnership with NovaUCD the programme will provide entrepreneurs who are leveraging the power of AI with the required support, knowledge and network to accelerate their start-ups from ideation to investment stage.”
Since opening in 2003 NovaUCD has supported more than 550 start-ups and early-stage ventures. In addition, the NovaUCD entrepreneurial community has now raised more than €1.3 billion in equity funding.
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