TD Pat Breen launches business accelerator
Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen TD today launched the Propeller Shannon start-up accelerator programme, supported by Enterprise Ireland to further enhance the aviation and the aerospace start-up ecosystem within Ireland. This partnership between Shannon Group’s International Aviation Services Centre (IASC), DCU Ryan Academy for Entrepreneurs, Boeing, and Datalex, and supported by Enterprise Ireland, aims to drive the development of innovative Irish and international start-up companies in the aviation sector.
The Propeller Shannon accelerator is now open to applications from potential teams or individuals both in Ireland and from overseas working in the aviation, aerospace and travel tech sectors. There are 10 slots available within the programme which will be based at a dedicated innovation hub in the Shannon Free Zone adjacent to Shannon Airport.
Successful applicants to the Accelerator programme will receive a place within the programme for a period of three months where teams will be able to build and commercially validate their technologies by working with existing networks and mentors from global aviation companies like Boeing and Datalex. The Accelerator programme is part of Enterprise Ireland’s overall strategy to increase the number and quality of start-ups that have the potential to employ more than 10 persons and achieve €1 million in export sales within three years.
Launching the Shannon Propeller Start-up Accelerator, Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen TD said: “I am delighted to officially launch the Propeller Shannon start-up accelerator here in my own constituency today. Shannon has a great heritage of working in this sector and this programme will pave the way for a new generation of aviation entrepreneurs. This incubator programme, supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland, will make a real contribution to supporting growth in the aviation and aerospace industry. It will nurture innovative Irish companies to build scale and expand their reach in global markets.”