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NDRC Accelerator Now Open for Ambitious Entrepreneurs in Ireland

by opportunitydiary

Application Deadline: 06/06/2022
About Opportunity

Applications are now open for the NDRC Accelerator Program to support ambitious entrepreneurs with globally scalable, innovative tech startups.

Eligibility Requirements

  • They are looking for founders who are building global solutions to global problems.
    • Industry
      • They invest in teams and companies, not industries. If you have a globally scalable tech solution, get in touch.
    • Investment Stage
      • You’re typically at the pre-seed investment stage and are looking to close a seed round in the next 3-12 months.
    • Product Stage
      • You’re developing or testing an early product / MVP and have some early proof-points with customers.
    • Team
      • They are looking for teams with some unique insight or competency in their domain, who are aligned on passion and vision.

Benefits

They offer founder-friendly investment with mentorship from proven entrepreneurs and a whole range of value-adds.

  • €100k Investment
    • They are one of the first European accelerators to offer a €100k investment using a SAFE (Simple Agreement for Future Equity), pioneered by Y Combinator.
  • Mentors & EIRs
    • Receive highly personalized mentoring from 40+ successful entrepreneurs as well as access to dedicated Entrepreneurs in Residence.
  • Value Adds
    • Tailored supports, investor lunches, international trips, 12 months of space, €500k perks, post-accelerator support, and much more.
  • What to Expect
    • The support doesn’t end after Demo Day. The Accelerator is designed to help you in the long term.
  • Foundation Phase
    • 3 months focusing on your ‘accelerator goal’, activating bespoke supports, customer dev, seed-round readiness.
  • Demo Day
    • Pitch to a global audience of angel investors, VCs, entrepreneurs, potential customers, and partners.
  • Development Phase
    • 3 months post-demo day support, helping you raise a smart, strategic seed round and/or win customers
  • Post Programme Support
    • They have a dedicated team to support alumni with scaling, hiring, new customers, and raising follow-on funding.

Application Procedure

The NDRC Accelerator invests €100k per startup using a ‘founder friendly’ SAFE. It’s flexible, simple, transparent and avoids high legal costs.

Official Website: NDRC Accelerator Now Open for Ambitious Entrepreneurs in Ireland

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