More meaningful commercial outcomes are the stated goal of both Startup Boost and NovaUCD as they get ready to supercharge a new cohort of Irish start-ups.
UCD’s entrepreneurship centre Nova UCD has joined forces with Startup Boost as an ecosystem partner for its Autumn programme.
The application process has opened up for the Startup Boost Autumn 2020 programme and between six and eight pre-seed/seed stage tech teams will be selected to take part in this 6-week online program which commences on 29 September.
“Innovation is core to our nation’s economic success, particularly today”
“NovaUCD as a hub for high-tech start-ups is thrilled to be a partner in this year’s Startup Boost Ireland program,” said Tom Flanagan, UCD startdirector of Enterprise and Commercialisation. “This excellent program prepares early-stage start-ups for the next steps on their entrepreneurial journey as they develop and grow to achieve their global potential.”
Startup Boost Ireland, part of the global Startup Boost initiative, is a mentor-driven pre-acceleration program for early-stage tech start-ups that runs over a six-week period. The goal of the programme is to prepare start-ups for accelerators, investors and/or revenue by providing pitch coaching and mentorship during the program as well as connections after the program.
Since 2017 Startup Boost has had over 2,900 applications to its global programs and the 200 start-ups selected to attend these programs have now gone on to raise more than $50m in investment. Programmes are based in Europe, North America, Canada and most recently Africa and encompass 12 locations around the world.
“Startup Boost Ireland is delighted to welcome NovaUCD as an ecosystem partner to the Autumn 2020 Programme,” said Gene Murphy, founding member of Startup Boost.
“By collaborating around our shared mission of supporting promising start-ups to achieve next level growth, NovaUCD and Startup Boost intend to create more meaningful commercial outcomes for our early innovators from across Ireland.”
Prerequisites include a comprehensive business model, a Minimum Viable Product (MVP), and market validation or traction. Working in tandem with keynote speakers, the Startup Boost Ireland Directors offer industry insights alongside hands-on mentorship, guidance, validation and the necessary resources for building traction.
Startups accepted into the program are not charged any fees and have no equity taken.
“Innovation is core to our nation’s economic success, particularly today. Startup Boost Ireland delivers a powerful 6-week program to prepare early stage start-ups for an accelerator and investment, providing a critical bridge to their next level growth,” said Suzanne Mills, Co-Director, Startup Boost Ireland.
Concluding with a global demo day, this year’s Autumn 2020 participants will gain exposure to potential new sales leads, and the opportunity to pitch and connect directly with investors and accelerator directors.
Companies also get promoted to investors globally through the Startup Boost virtual investor day which occurs 6 weeks after their program and allows investors from around the world view their pitches online for a limited two-day period. Startup Boost alumni will be part of a growing global network globally.
Applications are now open to all pre-seed/seed stage start-ups for Startup Boost Ireland program at http://startupboost.org/ireland with a closing date of 16 September.
Written by John Kennedy (firstname.lastname@example.org)
Published: 7 September, 2020