NDRC, which sources and builds digital startups to invest in and work with, has named the latest set of innovative new businesses to enter its accelerator programme.
Ventures in the latest cohort will see up to €130,000 - of which €100,000 is cash - invested into each business.
With a focus on digital startups across multiple industry sectors, NDRC said its portfolio is now enhanced with businesses providing solutions for healthcare, hospitality and financial services.
Initially based at NDRC's Digital Exchange offices, the startups are now working remotely with NDRC's team, given the Covid-19 pandemic.
The six companies taking part are:
- AIP is an early-stage company offering a plug-in for developers to automate website maintenance.
- Animis Labs has developed a tool to ensure collaboration cross internal teams to augment the customer purchasing experience and sales outcomes.
- Champion's Mind is a mental skills/wellbeing platform targeting high-performance amateur athletes. The product provides audio guidance for athletes, based on their selected sport, which has been developed using the experience/approach of Dr Jim Afremow, previously the peak performance coordinator with the San Francisco Giants baseball team.
- Lintil provides a solution that enables home buyers to reduce the long and complex property buying process, while simultaneously allowing property search/listing websites add a revenue stream from property buyers by acting as the home buyer's advocate.
- Site Passport is a procurement, compliance, and supplier management solution, which connects multiple players in the construction industry supply chain, including main contractors, developers, subcontractors and suppliers.
- Skueeze is a management information tool, developed as a direct response to the founder's experiences in launching a medium scale, fast/casual restaurant chain. A mobile-first solution, designed with the day-to-day running of an SME food and beverage business in mind, Skueeze supports management in controlling their inventory, purchasing, and profitability.
Each startup's founding team will work with NDRC experts over the course of the programme, helping them move towards attracting further private investment.
"It's no secret that bringing a startup from an idea right through to being ready for investment is a challenging process. What these founders have achieved so far is clear to see," commented Ben Hurley, CEO of NDRC.
"With our proven expertise and focus, NDRC is here to accelerate that transformation into commercially investable business propositions," he added.
The Covid-19 pandemic means that the NDRC has had to tailor its approach for this latest programme, with operations continuing remotely.
"Given what is going on in the world right now, there has perhaps never been quite such a challenging time to develop a nascent business, and yet it is also clear that digital technology has a major role to play in future solutions for the benefit of society and the economy," Mr Hurley said.
"Focus is key now. NDRC will be working alongside each of these companies to help them navigate their way to growth," he added.