12 investor-ready start-ups will pitch their new technology solutions to investors at Enterprise Ireland's Big Ideas 2021 online event today.
The annual event, which showcases deep tech start-up innovation emerging from higher education institutes, provides founders with direct access to investors.
Among the "big ideas" being showcased today are are a medical device to help cancer patients prevent chemotherapy induced hair loss, a smartphone enabled solution to get children active and moving, an AI-powered outside broadcast technology that dramatically reduces production costs, an improved infection treatment to reduce unnecessary amputations and a wearable breathlessness therapy for COPD.
Spin-outs taking part in the event, which is now in its 13th year, are Amara Therapeutics, Arama, AVeta Medical, Elevre Medical, Epicapture, illuminAi, Luminate Medical, MoveAhead, PEARlabs, ai, WRKY and XTremedy Medical.
Deep tech start-ups have to successfully conquer high levels of technical, engineering and science risk in parallel to other start-up risks such as market and finance risk.
But their combination of talent, and a differentiated, proprietary product means these types of start-ups can be highly disruptive to market incumbents and consequently impactful at a societal and economic level.
Leo Clancy, CEO of Enterprise Ireland, said that today’s event is an excellent example of the collaborative nature of business in Ireland.
"The interaction between investors, higher education institutes and Enterprise Ireland provides these 12 ambitious founders with an opportunity to take their businesses to the next level," Mr Clancy said.
"The commercialisation of companies that were born as a result of a research idea is an imperative for Enterprise Ireland and the State as their success will change our collective future for the better," he added.
