Silicon Valley opportunity for Irish cloud and mobile startups
A global initiative is offering investment of up to US$400,000 to entrepreneurs.
Running since December, the Citrix Startup Accelerator programme has just launched its first Global Challenge.
The IT multinational is seeking innovative business solutions using cloud computing from around the world. It is particularly interested in solutions combining cloud and mobile platforms.
John McIntyre, senior director, Citrix Startup Accelerator, told Prosperity: “We want people who are creating things you wouldn’t necessarily think of.
“Today’s start-up has to be somewhat enlightened. Not only should it create a good user experience, but it should also have some insights into human behaviour, and if it combines things together how will they change people’s behaviour. That’s how you end up with breakthroughs.â€
The programme is targeting a dozen investments this year, with applications accepted until the end of May.
The seed money is invested as convertible debt. Winners will get space at Citrix’s centre in Silicon Valley for up to 18 months, access to its products and technologists, mentoring, networking opportunities and support for the next round of funding.
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