DCU student start-ups join Intel Silicon Valley program for entrepreneurs

NEWS HIGHLIGHTS

  • Three fledgling DCU student companies have been selected from a pool of global candidates to participate in the inaugural Intel Technology To Market Accelerator@UC Berkeley
  • The Intel Technology To Market Accelerator@UC Berkeley program is a partnership between the Intel Foundation and the Lester Center for Entrepreneurship to teach the most cutting-edge Silicon Valley startup skills to entrepreneurs from around the world
  • The three DCU companies have been developing their business ideas as part of DCU’s UStart initiative which aims to embed entrepreneurialism amongst the DCU student body

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Three fledgling DCU student companies have triumphed in a global search to identify the next generation of high-potential technology businesses. Selected from a field of 40 applicant teams around from around the globe, Notehome, Cent for Change and Agile Payments have become the only Irish entrants to join an elite cohort of 21 finalists of student start-ups from around the world to participate in the Intel Technology To Market Accelerator@UC Berkeley.

The Intel Technology To Market Accelerator@UC Berkeley program is a partnership between the Intel Foundation and the Lester Center for Entrepreneurship at the Haas School of Business at the University of California Berkeley to teach the most cutting-edge Silicon Valley startup skills to entrepreneurs from around the world, providing to them real-world, immersive learning about successfully transferring technologies into startups that benefit society.

The three DCU companies have been developing their business ideas as part of DCU’s UStart initiative which aims to embed entrepreneurialism amongst the DCU student body. They were selected by Intel for their use of innovative, disruptive and scalable computing technology in a high impact area:

Agile Payments provides a cashless transaction service to enhance user experience and provide a streamlined system free of restrictions.

Cent for Change is a service that offers the online banking customer a new way to donate to charity. Our service provides customers a simple way to donate the spare cent from their bank balance to a selected charity of their choice.

Notehome is an online and mobile communications and payments platform for primary schools and parents, fulfilling the need for digitalisation in this area. It satisfies the parent’s desire to have more real-time and accurate information, while also saving schools money.

In speaking about the fantastic achievement of the teams, DCU President Professor Brian MacCraith said “As Ireland’s University of Enterprise, DCU is committed to fostering creativity, innovative thinking and an entrepreneurial spirit within our students.  Our students and graduates involved in Agile Payments, Cent for Change and Notehome have fully embraced this ethos and fully deserve this opportunity to take their business ideas to the next level.  The Intel Technology to Market Accelerator@UC Berkeley will allow all three to build on the skills they have acquired through the UStart programme here at DCU.”

Director of Corporate Affairs at Intel Ireland Brendan Cannon added “This Technology to Market program provides a truly immersive experience of being an entrepreneur – it gives the students the chance to learn from the marketplace, to work as teams to overcome failures and embrace successes and to encounter the realities of creating a startup. At Intel we truly believe that entrepreneurship and innovation are fundamental drivers of sustainable growth and by cultivating a thriving entrepreneurial culture we can encourage the mindset among young people that they can own their own employability”.

The students, who flew to the States this week, will have 3 days of onsite training in Silicon Valley, learning the advanced skills that UC Berkeley teaches to the best Silicon Valley entrepreneurs. The week will culminate with a Demo Day where they will pitch their ideas directly to Silicon Valley business angels and venture capital investors.

Team Note Home.jpg
Team Notehome

Team Agile Payments.jpg
Team Agile Payments
Team Cent for Change.jpg
Team Cent for Change

Further Information

About the Intel Technology To Market Accelerator@UC Berkeley program

The Intel Technology To Market Accelerator@UC Berkeley is a partnership between the Intel Foundation and the Lester Center for Entrepreneurship at the Haas School of Business at the University of California Berkeley to teach the most cutting-edge Silicon Valley startup skills to entrepreneurs around the world.


The Intel Technology to Market Accelerator@UC Berkeley special Intel Global Challenge track is an online and Silicon Valley-based version of UC Berkeley’s advanced Lean LaunchPad course (pioneered by Steve Blank) with additional elements designed just for the Accelerator teams.

Admitted teams receive 4 months of top-notch startup training, tuning and mentoring from UC Berkeley Faculty members and Silicon Valley entrepreneurs. The first half is delivered 3 hours/week over the Web from July through September, 2013. In October, successful teams get the opportunity to fly to Silicon Valley, California for 3 days of onsite training and a Demo Day for angel and venture capital investors. Qualified Faculty can participate in the Master Mentor and Instructor Certification Program. www.t2ma.org


About Intel

Intel is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices.

Additional information about Intel is available at:

Web – intel.ie |  Twitter – @Intel_IRL  |  Facebook – Intel Ireland

Media contact: Sarah Sexton sarah.sexton@intel.com  | + 353 1 606 8537

About Intel

Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.

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