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Posts Tagged ‘DCU’

Propeller 3.0 Huge International Interest

December 29, 2012 2 comments

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By Terence Bowden

Once again DCU Ryan Academy’s, Propeller Venture Accelerator, ranked 7th in Europe, is off to a flying start.  Over 140 companies applied from around the world,  An amazing 47% of them are internationally based including 8 from India and 3 from New York, other countries include Togo (which is always interesting), Nigeria, Israel, New Zealand and Malta but to name a few.  The map below gives a good illustration.

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So far we held over 115 meetings including a lot of Skype calls around the world. Discussing items such as their business model, pricing structure, team development,  lowest hanging fruit and gaining traction with the market.

One of the goals I wanted to achieve this year was to help the general start-up eco system. While space is limited on the accelerator, the decision was taken to invite the mentors to get involved in two ways;

  1. By reviewing the applications and completing feedback forms.
  2. Providing feedback during the company presentations.

We had an amazing number of mentors volunteer to help and I would like to thank them for their time in doing so.  This feedback will be given to the companies in the New Year.

Presently Propeller has been nominated for a Europa award.  Over €3.2 million euro has been raised by the 12 Propeller companies. In addition, during Christmas week alone, over €1 million ($1.32 Million USD) has been secured in funding, a sign of the momentum Propeller is gathering!

Fantom launch new Facebook app

September 28, 2012 Leave a comment

Irish digital media firm and also an Alumni DCU Ryan Academy Propeller Venture Accelerator company, Fantom, has fired a salvo into the US Presidential Campaign with the launch of a new facebook app that pits Barack Obama against Mitt Romney in the form of digital sticker-books. Supporters and political junkies can collect and trade stickers of the candidates, the campaign trail, campaign staff, and policies in the new facebook app.  An infograph (http://election.fantom.tv), charts the popularity of each candidate, tracking the number of books collected and completed and the number of successful trades made by each side.

Can a stickerbook predict the result of the election? “Paul the Octopus did a good job with World Cup results,” claims Fantom CEO Paul Healy, “and this is even more scientific.”

The Fantom swingometer may be just for fun but the serious message behind the digital sticker books is youth engagement in politics. Politicians struggle to engage with young people.  Healy intends the Fantom facebook game to engage younger Americans in the candidates’ issues and policies, in a fun way.  “That’s not to discount the fact that we are looking forward to the competitive nature of the Obama and Romney Fantom users!’ The real US election takes place on November 6th, but Fantom users can cast their vote by playing at http://election.fantom.tv.

Seoige Technology, Propeller Venture Accelerator

September 27, 2012 Leave a comment

John Joyce, CEO, Seoige Technology talks about Propeller Venture Accelerator and his experience.

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

September 19, 2012 Leave a comment

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

DCU Ryan Academy to exhibit at the HEA Springboard Roadshow 2012 August 14th

August 9, 2012 Leave a comment

The DCU Ryan Academy is pleased to announce that the Academy’s Business Innovation Programme Team will be attending the HEA Springboard Roadshow 2012.

The Roadshow will take place in the Convention Centre, Dublin in Spencer Dock from 10am to 6pm on Tuesday August 14th. The event is FREE to the public and all Springboard Programmes are FREE to eligible participants.

The Business Innovation Programme Team will be available all day with information on all of the Academy’s Springboard programmes and will be happy to answer any questions you may have.

Also on hand will be a select group of Business Innovation Programme graduates who will be able to share their experiences of the programme and how it has benefitted them.

If you are considering applying for any of the Academy’s Programme’s this is an opportunity that you can’t afford to miss!