Propeller Venture Accelerator

Propeller Venture Accelerator
Seed Accelerator
Industry Venture Capital
Founded Dublin, Ireland (2011)
Founder Gordon McConnell
Headquarters DCU Ryan Academy, Citywest Business Park, Dublin
Area served
Worldwide
Key people
  • Terence Bowden (Venture Manager)
  • Drew O' Sullivan (Business Development)
Website Link

The Propeller Venture Accelerator is a joint venture between Dublin City University and Irelandia Investments. Launched in 2011,[1] it is an Irish-based organization that invests in early stage information and communications technology companies. Propeller was recently named as the "7th best Accelerator in Europe" by the Kauffman Fellows Program.[2]

Selection process

Propeller has a number of stages in its selection process

  1. Initially the written applications are vetted by the mentors, short-listing a "Top 30".
  2. These 30 are then invited to present in front of a panel of mentors.
  3. Those successful are met for Due Diligence
  4. The final stage is a presentation in front of the investors of Propeller.

Portfolio

Each year Propeller has the capability to take between 6-10 companies.

Now in its 3rd year, Propeller has a portfolio of 12 companies.

Propeller 1.0

Propeller 2.0

References

  1. Carmel Doyle (2011-11-01). "Tech start-ups apply for €30,000 accelerator package - Start Ups". siliconrepublic.com. Retrieved 2013-02-16.
  2. Monday, June 20th, 2011 (2011-06-20). "Seedcamp named top European accelerator, with Startupbootcamp closing in". TechCrunch. Retrieved 2013-02-16.
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