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| Company type | Seed accelerator |
|---|---|
| Industry | Venture Capital |
| Founded | Dublin, Ireland (2011) |
| Founder | Gordon McConnell |
| Headquarters | DCU Ryan Academy, Citywest Business Park, Dublin |
Area served | Worldwide |
| Website | ryanacademy |
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 [ when? ] named as the "7th best Accelerator in Europe" by the Kauffman Fellows Program. [2]
Propeller has a number of stages in its selection process:
Each year Propeller has the capability to take[ clarification needed ] 6-10 companies.
By its 3rd year, Propeller had a portfolio of 12 companies.
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. During the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential, such as unicorns.
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology.
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above.
An angel investor is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible debt or ownership equity. Angel investors often provide support to startups at a very early stage, once or in a consecutive manner, and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital and provide advice to their portfolio companies. The number of angel investors has greatly increased since the mid-20th century.
Techstars is a global startup accelerator and venture capital firm founded in 2006 and headquartered in New York City. The accelerator provides capital, mentorship, and other support for early-stage entrepreneurs.
The National Digital Research Centre, or NDRC, is a national accelerator programme in Ireland, for "globally ambitious" entrepreneurs, delivered by a consortium led by Dublin-based Dogpatch Labs, and supported by multiple venture capital firms. It offers a "mentorship-driven" approach, with €100,000 "founder-friendly" funding, and early stage supports including non-equity pre-accelerator programmes available to entrepreneurs across Ireland. It also runs a Masterclass Series for companies working in the start-up space, teaching them how to support young digital venture teams with significant scale potential. It succeeded a previous version of the concept, run by a team on behalf of five Irish third-level institutions.
Klaus Hommels is a German venture capitalist. He focuses on early and growth-stage investments and has founded his own venture capital fund by the name of Lakestar, through which he has been investing mainly in digital businesses. He has been invested in Facebook, Skype and Xing; other examples are Klarna and Revolut.
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components, and (sometimes) culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone, but is highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators.
AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte and Carine Magescas with six other former Google employees as mentors. AngelPad provides mentorship, seed money, and networking at two 10-week courses per year.
AngelList is an American software company for fundraising and connecting startups, angel investors, and limited partners. Founded in 2010, it started as an online introduction board for tech startups that needed seed funding. Since 2015, the site allows startups to raise money from angel investors free of charge. Created by serial entrepreneur Naval Ravikant and Babak Nivi in 2010, Avlok Kohli has been leading AngelList as its CEO since 2019.
Unitus Seed Fund (now Unitus Ventures) is a venture fund based in Bangalore and Seattle that supports early-stage tech startups with India scale and global potential. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors. As an impact investment fund, its focus is on startups that serve low and middle-income consumers.

Blue Startups is a Hawaii-based accelerator company co-founded by Henk Rogers, Maya Rogers and Chenoa Farnsworth in 2012. They created it to help startup companies, and help make Hawaii more identifiable as a technological business hub. The company has a network of over 120 mentors from the Hawaii, Silicon Valley, and Asia areas. The company's stated goal - according to former Program Manager Meli James - is to get companies started in Hawaii and make them want to keep working in the state.
TiE Silicon Valley is the largest and founding chapter of the TiE brand, a non-profit organization dedicated to fostering entrepreneurship. The chapter provides technology entrepreneurs with mentoring services, networking opportunities, startup-related education, funding, and incubating.
M12, formerly Microsoft Ventures, is a corporate venture capital subsidiary of Microsoft. Founded in March 2016, its mission is to be an active, strategic partner during a startup's growth, typically investing between Series A and D. The fund is managed by Michelle Gonzalez, formerly of Google.
Harry Tomi Davies is a Nigerian British investor, speaker, author, entrepreneur, philanthropist and advisor to technology companies. He is the chief executive officer of TVCLabs, a technology business accelerator based in Lagos, and the founding president of the African Business Angel Network (ABAN), a network of individuals and organisations who invest in and mentor African startups. He has a wealth of experience in IT, consulting, and innovation, and has worked with global brands such as IBM, Marks & Spencer, Ernst & Young, and Sapient. He is also a public speaker who inspires audiences with his insights, stories, and strategies for driving business success in Africa.
Samer Karam is a Lebanese entrepreneur, investor, author, and activist. He founded Seeqnce, the first startup accelerator in Lebanon, created the Accelerate conference, and has had a leading role in building Lebanon's startup ecosystem and promoting, advising, mentoring, and investing in startup ecosystems across the world. World renowned tech journalist Monty Munford said Karam is "probably the most influential tech person across the Middle East North Africa (MENA) region."
Atlanta Tech Village is a technology incubator complex located in the Buckhead community of Atlanta, Georgia.
Entrepreneurs Roundtable Accelerator is an American seed accelerator launched in January 2011.
TAU Ventures is an Israeli venture capital firm investing in early state startups in Israel. It was founded in 2018 by Tel Aviv University and Nimrod Cohen, and is headquartered in Tel Aviv.