The DCU Ryan Academy’s Propeller Accelerator Joins TechStars Network
The DCU Ryan Academy’s Propeller Accelerator Joins TechStars Network To Accelerate
Startup Businesses and Enhance Entrepreneurship in Dublin
As a TechStars Network Member, the Ryan Academy Takes Part in White House Startup America Program
Dublin, Ireland January 31, 2011. The DCU Ryan Academy Propeller Accelerator is today announcing that it is now a member of the TechStars Network, a newly launched White House sponsored alliance of independently owned and operated
startup accelerator programs from dozens of cities across the United States and around the world.
The TechStars Network is comprised of other startup accelerator programs similar to Propeller Accelerator that provide seed funding and mentorship to innovative entrepreneurs. The Propeller Accelerator will collaborate with these organizations and learn best practices from the mentorship-driven model pioneered by TechStars, the leading startup accelerator program in the United States. As a member of the TechStars Network, Propeller will have access to a rich set of strategic resources including professional development and ongoing support to effectively lead and mentor innovative entrepreneurs in Dublin, Ireland.
The TechStars Network is part of the Startup America initiative, launched today by President Obama. In partnership with the White House, the goal of the TechStars Network is to become an engine for job growth by ensuring that over the next four years, 5,000 experienced business leaders and investors will mentor and support 6,000 promising young entrepreneurs. The aim is to increase the success rate and sustainability of each program, and to ultimately create 25,000 new economy jobs by 2015.
“We are pleased to have the DCU Ryan Academy Propeller Accelerator join the TechStars Network”, said David Cohen, Founder and CEO of TechStars. “The TechStars Network signals and formalizes our support for credible mentorship-driven
programs like Propeller. We believe the proliferation of the mentorship-driven accelerator model is healthy for entrepreneurs. Through this network of independent organizations, we can help increase their impact dramatically and make entrepreneurial communities the real winners.”
DCU’s Ryan Academy Propeller Accelerator joins a select group of invitation-only TechStars Network member organizations in major cities across the United States and around the world. Today the network is open to all entrepreneurial
thought leaders and organizations interested in building or enhancing mentorship-driven startup accelerator programs.
For more information, visit http://www.techstars.org/network.
