Start-ups emerging from University College Dublin (UCD) and the National College of Art and Design (NCAD) will be showcased at the 2014 UCD VentureLaunch Accelerator Showcase and Awards Evening which takes place next week.
Seven new high-tech and knowledge-intensive ventures (profiled below) will pitch at the Awards evening with the overall winner receiving a €25,000 prize.
The event will take place on Monday, 17 November in the UCD O’Brien Centre for Science, UCD, Belfield, Dublin 4.
Serial entrepreneur, Tom Morrisroe, the founder and CEO of The Now Factory, which was sold to IBM (NYSE: IBM) in 2013, will be the guest speaker at the event.
The overall objective of the UCD VentureLaunch Accelerator Programme is to support the creation, and to accelerate the launch, of sustainable and profitable new ventures based on intellectual property emerging from UCD and NCAD, a recognised college of the University.
The programme aims is to equip UCD and NCAD researchers with the knowledge, skills and understanding that is required to work as part of a team successfully leading a new commercial venture. The annual UCD VentureLaunch Accelerator Programme, which is held at NovaUCD the Centre for New Ventures and Entrepreneurs, uses the Business Model Canvas approach to start-up development. The programme consists of ten 3-hour workshops and a series of one-to-one sessions with external experts in areas such as finance, marketing and customer validation.
Speaking in advance of the event Brendan Cremen, UCD Director of Enterprise and Commercialisation said, “Through the UCD VentureLaunch Accelerator Programme we are supporting researchers to accelerate the process of putting knowledge to work by establishing new ventures to translate innovative ideas arising from UCD and NCAD research programmes into new companies providing value-added products and services with global potential.”
He added, “Since winning the award last year, Kinesis Health Technologies, has gone on to enter into partnerships with Shimmer Sensing and Intel-GE Care Innovations™ to market and distribute QTUG™, its Mobility and Falls Risk assessment technology, in the U.S. Canada, United Kingdom and Ireland.”
The 2014 UCD VentureLaunch Accelerator Showcase and Awards Evening commences on Monday, 17 November at 4:30 pm when attendees will have the opportunity to meet with and talk to the promoters of the new ventures during a showcase event.
During the main awards event, which commences at 5:30 pm, the promoters of each new venture will deliver a pitch to an audience comprising members of Ireland’s venture capital, research, state agencies, industry and business communities.
Following the pitches an overall winner will be presented with the 2014 UCD VentureLaunch Accelerator Award and a cheque for €10,000 which is sponsored by AIB. In addition the winner will also receive a professional services package to the value of €15,000 sponsored by Deloitte, Bryan Maguire Business Consulting and NovaUCD.
All are welcome to attend the 2014 UCD VentureLaunch Accelerator Showcase and Awards Evening and can register via http://2014ucdventurelaunch.eventbrite.ie
#VentureLaunch14 is the twitter hashtag for the event.
A video, which provides a short overview of the commercialisation programmes available at UCD, including the UCD VentureLaunch Accelerator, is available to view via https://www.youtube.com/watch?v=bvgXHNxMOCQ