NDRC has helped many early-stage companies begin their journeys – could yours be next?
NDRC has today (1 November) announced the launch of its Spring 2018 Investment Programme for start-ups.
Over the last 10 years, NDRC’s portfolio of companies has included Nuritas, Bizimply, Plynk and TandemHR. At the end of 2016, successful NDRC companies had raised in excess of €152m to build their businesses.
Mentoring and funding
Successful companies will secure investment of between €30,000 and €100,000 per venture over the course of the programme. Companies will also receive mentoring from experts in a multitude of key areas such as customer discovery, business model design, growth and sales tactics, finance, investment, communications, design, and technology.
Once the programme has been completed, the ventures with commercially validated ideas that are deemed ‘investor-ready’ by NDRC will receive finishing supports, including a programme of dedicated investor relations activity and the potential for further investment.
As is the case with all NDRC programmes, entry is competitive and initial applications for the Spring Investment Programme should be made by 26 November.
Applicants that make the shortlist will be invited to pitch to NDRC at the beginning of December, with offers to be made by the end of that month. The accelerator programme will then kick off at the start of February 2018.
Seeking solutions for a digital age
NDRC CEO Ben Hurley said: “We invest and build start-ups with digital technology at the heart of the business but are very much looking for founders from a variety of backgrounds – industry, corporate and research.
“Digital is impacting every business and every sector and we are seeking people who have seen a problem in their area of expertise – be it health, finance, HR or others – and think there may be a digital solution with international growth potential.”
NDRC will host a number of ‘office hours’ events, where interested parties can visit the team to discuss the programme. Information on these events are available on the NDRC website.