Minister of State John Halligan TD announce details of the NDRC@ArcLabs Start-Up Accelerator in Waterford

Professor Willie Donnelly, President of Waterford Institute of Technology, "The institute has been at the forefront in the development of a High Potential Start-up Cluster which is beginning to transform the profile of indigenous industry in the region....."

Professor Willie Donnelly, President of Waterford Institute of Technology, “The institute has been at the forefront in the development of a High Potential Start-up Cluster which is beginning to transform the profile of indigenous industry in the region…..”

TSSG’s Directors Kevin Doolin (Dir. Innovation) and Dr Sasitharan Balasubramaniam (Dir. Research) welcomed the news, by saying “The announcement of the NDRC@ArcLabs Accelerator represents a significant step forward for the region in terms of economic development and high tech job creation. TSSG is very much looking forward to working with Accelerator companies as they push the boundaries of Innovation”

Accelerator programme, supported by Enterprise Ireland, now open to applications from entrepreneurs and teams across all technology sectors

Minister of State for Training, Skills, Innovation, Research & Development, John Halligan TD, today announced the establishment of the NDRC@ArcLabs Start-up Accelerator programme, supported by Enterprise Ireland, to further enhance the start-up ecosystem within Ireland.

The accelerator, which is based in ArcLabs at Waterford Institute of Technology (WIT), is open to applications from potential teams or individuals both in Ireland or overseas, in all technology sectors.

The investors and supporters of NDRC@ArcLabs, in addition to Enterprise Ireland, include Suir Valley Ventures, Bank of Ireland Seed and Early Stage Equity Fund, South East BIC, and Local Authorities of Carlow, Kilkenny, Waterford and Wexford, Local Enterprise Offices and Enterprise Centres.

There are 10 slots available within the ‘NDRC@ArcLabs’ Accelerator Programme with the first cohort to commence in early 2018. Successful applicants of the Enterprise Ireland supported accelerator programme will receive membership and a place within ‘NDRC@ArcLabs’ for a period of 100 days, where teams will be able to build and commercially validate their technologies by working with existing entrepreneurial networks and mentors.

The Accelerator programme is part of Enterprise Ireland’s overall strategy to increase the number and quality of start-ups that have the potential to employ more than 10 persons and achieve €1 million in export sales within three years.

Announcing the establishment of the NDRC@ArcLabs accelerator programme Minister of State for Training, Skills, Innovation, Research & Development, John Halligan TD said: “I’m delighted to welcome the establishment of this new accelerator programme in my own constituency. Ireland is recognised as a key hub for technology and innovation and this accelerator programme, supported by my Department through Enterprise Ireland, will make a real contribution to supporting more start-ups and ultimately more jobs in the South East of Ireland.

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