The deadline to submit functions to this programme is 21 February.
NovaUCD yesterday (23 January) introduced that it’s searching for functions from start-ups primarily based in Eire to take part in its 2025 AI Ecosystem Accelerator Programme.
Now in its second yr, the programme, which takes place over the course of six months, goals to help entrepreneurs who’re creating disruptive AI options throughout quite a lot of fields, comparable to healthcare, cybersecurity, schooling and finance. Purposes are actually open and the deadline is 21 February.
The programme comes as AI, particularly generative AI, develops as an necessary instrument throughout almost each trade. In actual fact, Accenture just lately discovered that the know-how may probably add as much as €148bn to Eire’s annual gross home product by 2038.
NovaUCD, the hub of start-up actions at UCD, will ship the programme beginning in April, with assist from CeADAR, Eire’s Centre for AI. The programme will finish with a showcase occasion in October.
CeADAR’s AI consultants will purpose to offer steering to members, alongside skilled industrial mentors. There can even be workshops which is able to deal with enhancing worth proposition, scaling and investor readiness.
As well as, all members could have entry to a co-working area at NovaUCD, with the chance to attach with AI entrepreneurs, start-ups, corporates, traders and entry to expert interns.
Michelle Doyle, senior supervisor of Strategic Innovation Partnerships at NovaUCD, stated that the hub is “delighted” to launch the brand new iteration of the initiative.
“We are actually searching for functions from Irish-based start-ups with novel AI-based services or products, with a validated minimal viable product or proof of idea, and searching for funding this yr, to hitch our subsequent programme and be a part of our ecosystem of profitable entrepreneurs.”
Dr Ricardo Simon Carbajo, the director of innovation and improvement at CeADAR, added: “The AI Ecosystem Accelerator is likely one of the key companies of CeADAR’s European Digital Innovation Hub programme. Run in partnership with NovaUCD, the programme will present entrepreneurs who’re leveraging the facility of AI with the required assist, information and community to speed up their start-ups from ideation to funding stage.”
Two of the 11 start-ups which accomplished the first-ever programme final yr included Customs Window Applied sciences and Wrksense. Each firms introduced funding of €800,000 and €825,000 respectively throughout the 2024 programme.
Andrew Connolly, the CEO and co-founder of Wrksense, stated that he would “strongly advocate” the programme. “Following the completion of the inaugural AI Ecosystem Accelerator Programme, and the insights learnt, we now goal a extra area of interest market, concentrating on firms that align with our general technique and product imaginative and prescient,” he stated.
The Accelerator is funded by the European Digital Innovation Hubs framework, a Europe-wide initiative with funding of €700m. This funding comes from each the European Fee and the governments of member states.
The Division of Enterprise, Commerce and Employment, by Enterprise Eire, can also be concerned within the programme.
Don’t miss out on the information it’s worthwhile to succeed. Join the Each day Temporary, Silicon Republic’s digest of need-to-know sci-tech information.
