New start-up competition targets Ireland’s researchers

20 Sep 2012

The Irish Research Council and the National Digital Research Centre (NDRC) are preparing to launch a new competition aimed at getting researchers from all academic disciplines thinking about setting up their own ventures.

This Saturday, the Irish Research Council will be holding its annual symposium at the Career Zoo employment event at the Convention Centre Dublin, while the NDRC will also be at Career Zoo to seek out researchers who might be suitable for the programme.

Researchers from all disciplines who are interested in applying their research to the commercial space are being encouraged to apply.

In all, 15 chosen researchers will take part in a six-week programme at the NDRC in Dublin, starting in early 2013. The aim of the programme will be to help participants go about setting up lean start-ups by applying their research area to a business model.

At the end of the six weeks, the researchers will then present their business models in front of a panel who will evaluate if their research area has commercial prospects.

Researchers who are seen to have come up with a scalable business model and are interested in starting a company will then have the option to move forward with NDRC to build their businesses.

However, NDRC can only work with researchers who have completed their PhD or post-doctoral research.

The competition will be open from 22 September and people have until 30 November to apply.

Vision image via Shutterstock

Carmel Doyle was a long-time reporter with Silicon Republic