Tuesday, 19th June 2018
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Nine new, exciting startups in Ireland's sunny South East recently began the first ever NDRC at ArcLabs accelerator programme, supported by Enterprise Ireland. The programme is the second regional accelerator undertaken by NDRC, following the successful delivery of NDRC at PorterShed, in Galway, last year.

Once a company joins NDRC, the team works intensively with each, over a short time frame, to help them understand what value their company can offer customers, their strategy for growth and getting them ready to meet the demands of both investors and customers. The short time span and the intensity of this commercialisation work is the acceleration process. It is this offering of capital investment and development support that makes NDRC effective.

Ben Hurley, NDRC CEO, said: "It is wonderful to welcome such exciting new businesses into NDRC's portfolio. With the help of our regional partners, NDRC at ArcLabs is further proof of the entrepreneurial talent that is spread throughout Ireland."

"World leading companies are already emerging from the South East and with industries such as retail, property and recruitment primed for digital disruption, the potential for more growth is clear."

"We look forward to working closely with each company so that they can go on and secure next stage investment and build their digital enterprises into Ireland's next generation of global operators."

The investors and supporters of NDRC at ArcLabs, in addition to Enterprise Ireland, include Suir Valley Ventures, Bank of Ireland Seed and Early Stage Equity Fund, South East BIC, and Local Authorities of Carlow, Kilkenny, Waterford and Wexford, Local Enterprise Offices and Enterprise Centres. The Accelerator programme is part of Enterprise Ireland's overall strategy to increase the number and quality of start-ups that have the potential to employ more than 10 persons and achieve €1 million in export sales within three years.

Julie Sinnamon, CEO, Enterprise Ireland said, "Enterprise Ireland works closely with the start-up eco-system to support and encourage Irish companies with global ambition to scale internationally.

"Mentorship is fundamental for these early-stage companies and a key pillar of the support system that allows start-ups to become valuable contributors to the regional and national economies. The NDRC at ArcLabs further solidifies the support infrastructure for start-ups in the South-East region and I look forward to seeing the growth of the participating start-ups."

The nine companies NDRC has invested in comprise:

- Property Bridges

- Herdsy

- MatchDay

- Sipario

- PaidAde

- Kraken Analytics

- Referral.Works

- BluCoup

- TurnedSee

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