Furthr Foundry
Pre-Seed Accelerator
A new in-house 12-week programme for early-stage founders with global ambition.
Furthr Foundry is rooted in Furthr’s deep 35 year experience and heritage of supporting over 6000 Irish Startups, direct facilitation of over €200M of seed investment through its venture funds and the creation and management of angel networks in Ireland.
This interactive in-person accelerator programme will test and challenge you and will ultimately provide you with the necessary knowledge, skills and ability to successfully raise your pre-seed round of funding.
In 2023, Furthr’s Acceleration team worked with 35 companies in preparing their Enterprise Ireland Pre-Seed Start fund applications, helping them secure over €3.5 Million in pre-seed funding. We know what it takes to grow successful startups and secure funding, and this programme is your opportunity to accelerate your business and reach that milestone.
Programme Structure
Commitment: 12 weeks, April 2nd – June 26th 2024
Location: Guinness Enterprise Centre, Dublin 8, Ireland’s #1 Entrepreneurial hub
The Furthr Foundry is an in-person, immersive accelerator that encourages collaborative working and interaction between participants.
The programme includes 7 core modules across 10 in-person workshops interleaved with dedicated pre-work and market validation periods, culminating in a final investor day.
10 Start-up’s will be selected to participate in the programme and there will be a focus on peer-to-peer engagement as well as sectoral mentor-led support.
Programme Content and Philosophy
- Pedagogical approach based on:
- In person interactive sessions
- Bite-size theory – real world application
- Demonstration of in-market knowledge learned
- Continual peer and mentor review and challenges
- Pre-work learning content and applied exercises required before each in person session - In Person workshop sessions delivered by specific mentors will include:
- Deep user and customer discovery
- Customer and market validation – route to product market fit
– Business modelling
- Early-stage sales and marketing planning – driving customer experience (CX)
- Technology planning – validating the optimal technological approach
- Investor mindset / getting through due diligence.
– Integrating ESG / Sustainability into your business
What is on offer!
1.
Best in class in person interactive accelerator progamme, tailored for pre-seed start ups looking to raise their first seed round, and position themselves for later seed rounds.
2.
We will provide 6 months of dedicated office space for accelerator participants for free at the Guinness Enterprise Centre, Ireland’s largest single Enterprise Centre.
3.
Successful entrepreneurs from the startup ecosystem and Furthr’s alumni will share their experiences and tips for navigating the early stages of starting up and how they scaled their businesses.
4.
Access to a wide range of funding sources – angels, VCs and other non-dilutive sources, based on Furthr’s long experience and central role within the Irish seed investment ecosystem.
5.
Connection with Furthr’s partner network of professional experts in finance, legal, and IP providing expert direction on how to structure and protect your business for future investment rounds.
6.
Access to a wide range of startup credits and in-kind supports from across the ecosystem
7.
Following completion of the Furthr Foundry programme, founders will still benefit from the one-to-one support of Furthr’s business consultants to progress on their journey to pre-seed, seed funding, and beyond…
Furthr Foundry Partners
Growing Capital, the pre-seed investment leader in Ireland who has invested €6m of pre-seed and seed investment in 29 companies since 2015, is partnering with Furthr Foundry. Growing Capital will be providing the final pitch prize sponsorship and will be part of the investor mentorship team guiding companies on their pre-seed journey.
As a partner to the Furthr Foundry, Microsoft’s Founder Platform will also provide access to up to 150K worth Azure credits over the early phases of the companies’ journeys and free access to GitHub and Microsoft 365. The free access extends to MS partners including OpenAI, Power BiBubble, and LinkedIn. They will provide access to tech experts and mentors from Microsoft’s global network.
Foundry participants can also avail of a dedicated shared office space in the Guinness Enterprise Centre throughout the duration of the programme and will have access to co-working space post programme for a combined period of 6 months.
Dublin Tech Summit brings together global leaders in innovation, technology and business to shape the future of global trends and technologies.
Who is it aimed at?
- Strong evidence of potential market demand for the proposed solution
- Scalable market opportunity and international aspirations
- Solution with a short to medium time to market
- Ideally a B2B proposition
- Intention to raise Pre-Seed funding in the next 6 to 12 months
Find out more about the companies taking part below
