Applications are now being accepted for the 20th Hothouse Venture Programme, which starts in October 2010, with 16 places on offer.
The Hothouse Venture Programme is a 12-month incubation and support programme geared towards entrepreneurs with a knowledge-intensive business idea and the drive to grow a global business.
The closing date for applications is Friday, 6 August 2010.
Success stories from Hothouse
Some of the success stories to emerge from Hothouse include Dublin-headquartered music video website Muzu.tv. It enables labels and bands to broadcast their music video on the web. The site serves more than 15 million videos in the UK each month and works with the big four record labels: Warner, Sony, Universal and EMI.
Eventovate has also participated in the Hothouse programme. Set up by brothers Jason and Jonathan Ruane in 2008, the company’s software aims to enable hotels to grow their wedding portfolios. Eventovate was listed on the ‘TechCrunch Europe Top 100’ in 2010.
The semiconductor firm DecaWave was also a participant on the Hothouse Venture Programme. DecaWave recently secured investment from the Korean global electronics company LG, having already made a sales agreement with LG Innotek in December 2009.
A current participant of the Hothouse programme is Kinesense, which was set up by Mark Sugrue last year. The company, which won the €10,000 prize at the Docklands Innovation Park Investment Awards in February, is focused on developing video retrieval, search and analysis technology for police and intelligence services. It has developed a laptop-based unit that can be taken onsite by investigators while it is also working on other CCTV analytical products.
Hothouse Venture Programme
The programme provides participants with business expertise, networks and tools to develop and grow their technology-based products or services.
The 16 participants will avail of a range of supports, including office space, management training workshops and clinics, 10 sessions with a business mentor, the opportunity to apply for Enterprise Ireland grant aid and access to an extensive network of entrepreneurs, industry experts and financiers.
Participants must have left full-time employment and be working full-time on developing their new business.