New Tech Incubator Launched In Galway

06 Oct 2015 | 10.43 am

New Tech Incubator Launched In Galway

Six-month Bank of Ireland programme aimed at tech startups

06 Oct 2015 | 10.43 am

A new incubator programme for high-potential tech startups has been launched in Galway. The initiative was developed by Bank of Ireland and is targeted at tech startups in Galway city and the surrounding region.

Called StartLab Galway, the incubator will provide emerging tech startup companies with a six-month programme that includes access to a dedicated workspace, as well as a range of supports to help scale their companies.

The incubator is located at 19 Eyre Square and will also provide entrepreneurs with access to seed fund venture capital investors, mentors and support from the Bank of Ireland Innovation Team.

The participants in each six-month programme will be selected from early-stage tech startups through a competitive process in a range of sectors, including fintech, agritech and ICT.

StartLab Galway complements the Bank of Ireland Workbenches, which are up and running at Mainguard Street (Galway) and Grand Canal Square (Dublin).

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.

StartLab Galway 810

Launching StartLab, Richie Boucher, group CEO of Bank of Ireland (pictured with Edel Browne, founder of Galway startup Free Feet ), said that entrepreneurs and startup companies will be a major part of Ireland’s future economic development and need support in the early days.

“StartLab Galway will offer that support, giving early-stage companies access to a range of supports to help them succeed and grow from Galway.”

He continued “It’s especially appropriate that we are making this announcement whilst Galway is hosting the Startup Gathering.

“Sponsored by Bank of Ireland, this nationwide initiative sees almost 400 events taking place this week, all designed to make Ireland a global leader where startup businesses can start, scale and succeed.”

The application process for a place at StartLab Galway will be launched in the coming weeks at @boistartups.

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