Propeller Venture Accelerator

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]

Propeller Venture Accelerator
TypeSeed Accelerator
IndustryVenture Capital
FoundedDublin, Ireland (2011)
FounderGordon McConnell
HeadquartersDCU Ryan Academy, Citywest Business Park, Dublin
Area served
Worldwide
Key people
  • Terence Bowden (Venture Manager)
  • Drew O' Sullivan (Business Development)
WebsiteLink

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
  • Associate Mobile
  • Fantom
  • GreenEgg
  • Healthcomms
  • Simple Lifeforms
  • Vendorshop

Propeller 2.0
  • Death Buy Fashion
  • Picturk
  • Seoige Technologies
  • Swiftqueue
  • Videoelephant
  • Zeto Technologies

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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