Bank of Ireland have today launched the second cohort of startlab West, a six month intensive business development, mentoring and networking incubator programme for innovative tech businesses.
Based in a custom-designed Bank of Ireland building on Eyre Square, the six companies who successfully progress to the programme will benefit from a range of complementary facilities including desk space, high-speed wifi, conference rooms as well as one to one sessions with key coaches and mentors, introductions to investors and support from Bank of Ireland’s Innovation Team.
Bank of Ireland startLab Galway complements Bank of Ireland Workbenches, running at Galway, Dublin, Limerick and Cork. Since opening, the Workbenches – which offer hot desking, meeting and event space to startup companies and entrepreneurs – have welcomed more than 10,000 visitors, hosted more than 200 events, and supported more than 100 startup enterprises.
The companies will embark on a six month curriculum which includes sessions on business model validation, lean methodology, building strategic partnerships and stress-testing the product/market fit.
The programme is designed to educate, connect and scale the technology startups and, once completed, businesses will participate in a ‘Demo Day’, with the opportunity to pitch to industry leaders, venture capitalists and investors.
Discussing the startlab West programme, Community Manager at Bank of Ireland, Tracey Keogh said, "The West of Ireland is a hotbed of innovation and our last intake of startups are testament to the quality of emerging business talent in the region. startlab, through its customized programmes, focuses on helping businesses to develop their teams, fine-tune their ideas and engage potential customers and investors.”
Source: www.businessworld.ie