DCU Ryan Academy applicants compete for €30,000 investment package.

By Ruth Ní Mhaonghaile

Applications to the DCU Ryan Academy’s Propeller Venture Accelerator programme closed last week.

Accepted companies obtain an office space at the academy along with €30,000 investment and mentoring from experienced entrepreneurs.

Previous applications have been received from China, India, Iran and Europe.

The programme, ranked seventh in Europe, aims to produce new firms and required €1 million in funding from Irelandia Investments to be set up. It looks for tech self-starters with innovative ideas and potential to enrol in the programme.

DCU Ryan Academy is a joint enterprise, run not for profit, between DCU and the family of the late Tony Ryan of Ryanair. Based in Citywest, its programmes include the Business Innovation Programme for unemployed professionals and the Entrepreneur Skillnet training for small to medium size enterprises.

 

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