UCD launches agtech and foodtech accelerator

New accelerator programme at AgTech UCD Innovation Centre is dedicated to early-stage agtech and foodtech companies.

University College Dublin (UCD) has launched of a new accelerator programme at the AgTechUCD Innovation Centre dedicated to early-stage AgTech and FoodTech start-up companies.

The AgTechUCD Agccelerator Programme, commencing this September, is an intensive 12-week programme (2 mornings per week online), which includes dedicated business development workshops and investor readiness training, mentoring from AgTech and FoodTech experts and business advisors, guest speakers and facilitated introductions to AgTechUCD’s venture capital and business angel networks.

“Ireland has and will always play a key part in shaping the future of food and science globally”

AgTechUCD, based at UCD Lyons Farm and part of NovaUCD, is focused on accelerating the launch and scaling of AgTech and FoodTech start-ups in Ireland and has been funded through the Regional Enterprise Development Fund administered by Enterprise Ireland.

AgTechUCD supports founding entrepreneurs as they build their innovative businesses into leading enterprises, though the AgTechUCD Agccelerator Programme, and by providing access to incubation space and to on-farm testing for new products and services at UCD Lyons Farm.

Visibility for emerging firms

Two men and two women walking down a road.

Pictured were: Shane Whelan, agri-strategist, AIB, Nicky Deasy, Managing Partner, The Yield Lab Europe, Niamh Collins, Manager, AgTechUCD Innovation Centre and James Maloney, Senior Regional Development Executive, Enterprise Ireland. Image: Conor McCabe Photography

The AgTechUCD Agccelerator Programme concludes in early-December when all participating start-ups will pitch their businesses to a panel of investors with the opportunity to be awarded prize funding in a number of award categories.

“In addition to helping participating start-ups with their commercial development, the programme will also shine a spotlight on the start-ups, enabling them to increase their visibility and attract new customers and investors and to develop new partnerships, said Niamh Collins, Manager, AgTechUCD Innovation Centre.

“The programme team has built strong relationships with strategic players in the ag and food tech sector in Europe and in the US, which will help the start-up founders to launch their products or services into new territories. We now look forward to working with our first cohort on our inaugural AgTechUCD Agccelerator Programme.”

“This programme really is the best kickstart for all start-ups in the Agri and Food Tech sectors,” added James Maloney, senior regional development executive at Enterprise Ireland.

“Ireland has and will always play a key part in shaping the future of food and science globally. Enterprise Ireland is delighted to support this key initiative through the AgTechUCD Innovation Centre.”

By John Kennedy (john.kennedy3@boi.com)

Published: 16 June 2021