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Propeller Venture Accelerator

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Propeller Venture Accelerator
Seed accelerator
ISIN🆔
IndustryVenture Capital
Founded 📆Dublin, Ireland (2011)
Founder 👔Gordon McConnell
Headquarters 🏙️DCU Ryan Academy, Citywest Business Park, Dublin
Area served 🗺️
Worldwide
Members
Number of employees
🌐 Websiteryanacademy.ie/propeller-venture-accelerator[dead link]
📇 Address
📞 telephone

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 [when?] 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[clarification needed] 6-10 companies.

By its 3rd year, Propeller had a portfolio of 12 companies.

Propeller 1.0

Propeller 2.0

See also

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. "Seedcamp named top European accelerator, with Startupbootcamp closing in". TechCrunch. 2011-06-20. Retrieved 2013-02-16.


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