Paul Healy, CEO of Fantom talks about his experience while on the Propeller Venture Accelerator

September 19, 2012 Leave a comment

Ryan Academy launches third phase of Propeller Venture Accelerator

September 4, 2012 Leave a comment

 Ryan Academy launches third phase of Propeller Venture Accelerator

YOU GET

  • €30,000 Euro investment (approx $37,000 USD)
  • Investor Day (previously investors came from Ireland, England, Italy & the USA)
  • Free Office Space (3 months during & 1 month after)
  • Mentorship (over 80 mentors that can guide, advice and open doors)
  • Introductions to potential clients, partners and investors
  • In total a deal worth €45,000 Euro (approx $55,500 USD) investment & services

WE GET

  • 7.5% equity stake, valuing your company at €600,000 Euro ($740,000 USD)

 

DCU’s Ryan Academy is launching the third phase of its Propeller Venture Accelerator programme for early-stage technology start-ups on Monday 3rd September 2012.  This three-month, award-winning accelerator offers a total package of €45 000 to entrepreneurs with winning ideas:  €30 000 investment, office space, over 80 mentors (technical, specialists and serial entrepreneurs) and a Demo Day pitching session with investors and business angels.

Propeller, voted 7th Best Accelerator in Europe in a study commissioned by the Kauffman Fellows Programme, has adopted and adapted the successful Techstars model for the European market.  It aims to accelerate early-stage technology start-ups with a special focus on software, Web 2.0, informatics, clean-tech and applications.  To date, companies emerging from the Propeller programme now employ 49 personnel and have raised over €1.75 million in investment, with many company-investor discussions still ongoing.

Terence Bowden, Ryan Academy Venture Manager said, “Propeller has a proven track record in helping technology start-ups accelerate to the next phase of their evolution.  We offer to our successful participants a comprehensive package of practical and financial supports and, through our extensive network of contacts in business and enterprise, access to a full suite of mentoring programmes and to further investment possibilities through our Demo Day at the end of the programme.”

Propeller Participant Testimonials

“Winning a place on the inaugural Propeller Venture Accelerator was like being plucked off the bus and placed on the bullet train for our business. We were given access to the most senior Irish business talent and an inside track to the Irish and international investment community”.

Paul Healy, CEO Fantom (online gaming company) and Serial Entrepreneur

“I found the network incredible. The amount of advisors and more importantly investors that I was introduced to was amazing.”John Joyce, CEO & Founder, Seoige Technology (developer of Savvybear.com)

“The Propeller Venture Accelerator has been a great experience, one that has truly accelerated our company by at least 2 years, if not more, in only 3 months. With easy access to a number of experienced mentors we were able to achieve results so much faster.”Tom  Byrne, CEO & Founder, HealthComms (homecare technology solutions)

The closing date for applications is 22nd October 2012 but applicants are encouraged to apply early and to engage with the Academy. The accelerator starts with the companies moving to Citywest on the 21st January 2013.

For more information please visit http://ryanacademy.ie/propeller-venture-accelerator

Apply now for the Business Innovation Programme

August 30, 2012 Leave a comment

Applications are open for the 2012/2013 Business Innovation Programme

This is a free programme for eligible jobseekers funded under the Springboard Initiative.

Click here for further information and to apply

Participants who completed the 2010 – 2011 Business Innovation Programme have kindly provided the Academy with the following testimonials:

“It took courage to apply for the programme. I am glad I did, as I’m reaping the rewards in my new position in Thermodial. The mix of experience in the class was invaluable to me” Andy Donlon, Business Innovation Assistant

“The BIP has been a thrilling year with the best of lecturers and consultants delivering the modules and master classes in this uniquely designed course.  There was also so much learning from the 120 highly capable and experienced fellow participants from diverse backgrounds”.  Philomena Mc Cabe, BA Psychology

“The course helped to redefine my core skills, highlighted skills I hadn’t recognised, and gave the additional skills and confidence I would need to launch a completely new career direction. Don’t hesitate! It’s YOUR opportunity now!” Paul O’Connor, Director, Polus Intelligence

“The Business Innovation Programme was a fantastic experience. It allowed me to use the skills I was learning in a host company. It provided practical opportunities and academic experience, which developed and increased my personal knowledge and skill-set” Ronan A. O’Reilly, Business Development Manager

“The Business Innovation Program was the best decision I made in 2011, the program was inspiring & creative, it gave me confidence in myself and the capability to create my own business to secure my future.” Gerry Rellis, Owner,  Smart Print Consultancy

“I now have a brand new skill-set as well as the confidence to take a much broader approach to seeking employment.  As a direct result of the programme, I have secured a wonderful employment opportunity, highly marketable skills and thanks to the in-company placement, direct experience in applying these skills to business challenges.  I cannot recommend the programme highly enough.” Debbie Slevin, Financial Services Professional

MSc in Management (Innovation in Social Enterprise) – One week left to apply!

August 24, 2012 Leave a comment

One week left to apply!

Reminder that applications for the MSc in Management (Innovation in Social Enterprise) will close one week from today on Friday the 31st of August at 12 noon.

If you would still like to apply please do so before the above date at the following link: http://bit.ly/mentertiontachnua


ABOUT:

The MSc in Management (Innovation in Social Enterprise), awarded by Dublin City University, is designed to develop professional skills in innovation in the area of social enterprise through part time study and blended learning techniques. The blend of skills developed in the programme will ensure graduates are ready to work in the social enterprise sector having gained the knowledge and skills to develop and implement best practice and sustainable enterprise strategies.

The programme will be of particular relevance to those working in or aspiring to be leaders in social enterprise. Whether you work in an existing social enterprise, a start up or an organisation interested in integrating social enterprise into your services, the programme will enable you to develop and implement best practice and sustainable social enterprise strategies into your organisation.

This programme has been developed as part of the Menter Iontach Nua ‘Innovation and Creativity in Social Enterprise’ Initiative. As Menter Iontach Nua is part funded by the European Regional Development Fund (ERDF) through the Ireland Wales Programme (INTERREG4A) the pilot intake for the MSc will be offered free of charge to eligible participants.

Propeller Venture Accelerator, Application process opens 3rd September

August 21, 2012 Leave a comment

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Once again the application process will open for Propeller Venture Accelerator which is Europe’s 7th Best Accelerator. The date will be the 3rd September.  So what is the deal;

YOU GET

  • €30,000 Euro investment (approx $37,000 USD)
  • Investor Day (previously investors came from Ireland, England, Italy & the USA)
  • Free Office Space (3 months during & 1 month after)
  • Mentorship (over 80 mentors that can guide, advice and open doors)
  • Introductions to potential clients, partners and investors
  • In total a deal worth €45,000 Euro (approx $55,500 USD) investment & services

WE GET

  • 7.5% equity stake, valuing your company at €600,000 Euro ($740,000 USD)

“The Propeller Venture Accelerator has been a great experience one that has truly accelerated our company by at least 2 years if not more in only 3 months. With easy access to a number of experienced mentors we were able to achieve results so much faster.”

Tom  Byrne, CEO & Founder, HealthComms

“A good Accelerator propels a company to a different place. Sound business advice, alternative perspectives and the very welcome injection of cash allows the founders the space to imagine what their business could be, rather than how do they keep their idea alive until tomorrow.

Propeller did this for us. You go into the process focused on the money, too many dark days staring at unpaid bills makes you hungry, but the nurturing takes the lean look off you! An external eye on your product and your business plan gives a much needed reality check; a network of business contacts who are committed to help gives you a real trading start; and practical things like office space, professional advice and the insight of other founders like you help you believe you can make it. And that belief is the difference between success and failure. I would undoubtedly commend an accelerator program to any start-up business and Propeller is one of the best”.

Paul Healy, CEO & Founder, Fantom & Serial Entrepreneur

For more information visit our website http://ryanacademy.ie/propeller-venture-accelerator

Apply NOW FREE MSc in Management (Innovation in Social Enterprise)

August 20, 2012 Leave a comment

The MSc in Management (Innovation in Social Enterprise), awarded by Dublin City University, is designed to develop professional skills in innovation in the area of social enterprise through part time study and blended learning techniques. The blend of skills developed in the programme will ensure graduates are ready to work in the social enterprise sector having gained the knowledge and skills to develop and implement best practice and sustainable enterprise strategies.

The programme will be of particular relevance to those working in or aspiring to be leaders in social enterprise. Whether you work in an existing social enterprise, a start up or an organisation interested in integrating social enterprise into your services, the programme will enable you to develop and implement best practice and sustainable social enterprise strategies into your organisation.

This programme has been developed as part of the Menter Iontach Nua ‘Innovation and Creativity in Social Enterprise’ Initiative. As Menter Iontach Nua is part funded by the European Regional Development Fund (ERDF) through the Ireland Wales Programme (INTERREG4A) the pilot intake for the MSc will be offered free of charge to eligible participants.

Closing date for applications is Friday 31st August.

Programme Overview Available HERE

To Apply please click HERE

Why Ireland for Entrepreneurs and Start-ups?

August 16, 2012 2 comments

Ireland has a healthy Angel and VC network with over €250 (330 USD) million available in seed funds through organisations such as HBAN and also a healthy VC community such as ACT Venture Capital, Bloom Equity, Kernel Capital, Enterprise Equity but to mention a few.

The government is very much helping start-ups through one of its agencies Enterprise Ireland (EI) with seed funding where they will co-invest with V.C.’s and Angels in Startups. Not bad considering the population of Ireland is only 4.5 million!  Ireland is also one of the best locations in Europe for R&D through tax incentives, grant aid and a corporate tax of only 12.5%

In a report prepared for the Commission’s Directorate General for Economic and Financial Affairs for Europe, it found that Ireland was the top European country which recruiters found were producing the “most Employable” graduates.  The government also wants to double the amount of college graduates in Software, proving Ireland is long term when it comes to R & D software.

With headquarters for some of the internet, software and hardware giants having their European head quarters based in Ireland such as PayPal, Microsoft, Google, Facebook, Twitter, Intel, LinkedIn and Dell, Ireland has a great technical, knowledge based community and willing to help start-ups.  This is great if you are planning to use the platforms for your products/services.  No wonder Ireland is one of the largest producers of software in the world.

3 of Europe’s top 8 Accelerators are based in Ireland of which one is the Propeller Venture AcceleratorDogPatchLabs has also set up is first non-US Location, setting up its European lab in Dublin.

As a location Dublin is one of the most cosmopolitan and vibrant cities in the world.  Within 2 hours you can fly to anywhere in Europe and yet we are the closest European country to the U.S.

By Terence Bowden

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