Monday, 29th January 2018: The Isle of Saints and Scholars has reaffirmed its claim today with the announcement that 20 new Irish start-up companies, in the life sciences, medical technology and digital health areas, have successfully progressed to the next round of the prestigious Cork County Council’s Bridge to MassChallenge Cork competition. Bridge to MassChallenge Cork will connect ambitious, early stage entrepreneurs across Ireland to a global business network and facilitate the creation of high-quality jobs through a series of mentoring events and boot camps—including an all-expenses paid boot camp in Boston.
Life Science is a huge industry in Ireland, but it about to get bigger, thanks to Cork County Council’s Bridge to MassChallenge competition. 20 companies have been chosen from their initial applications, in which they detailed, skill, knowledge and originality, as well as feasibility and a true need for their product. Having impressed expert industry judges during round one of the competition, 20 of the top scoring applicants have been chosen for this unique opportunity to receive mentoring from and exposure to international sector specific experts, and connection to a global market, during a three day-long Cork boot camp, commencing in February. This boot camp will conclude with an intensive competition to determine the top ten start-ups who will emerge from the Cork boot camp and advance to a one-week all expenses paid intensive boot camp in Boston this April.
From this, the top two companies will be selected to go forward to second round judging for one of MassChallenge’s international accelerators. The international start-up competition identifies and accelerates the top start-ups in the region and connects those start-ups to the global market through MassChallenge’s global network. MassChallenge has a track record of collaborating with more than 100 of the world’s most innovative organisations including Pfizer, GE and Microsoft, who help to scale ambitious start-ups.
Companies from Cork, Donegal, Dublin, Galway, Kerry and Meath were chosen to progress to the Cork boot camp. These companies are focused in the Medical Devices, Therapeutics, Diagnostics, Education, Healthcare IT and Healthcare Delivery areas. Each company investigates and aims to solve common problems in the Healthcare and Medical Technology industries.
Welcoming the announcement of the 20 finalists for the Cork boot camp, Mayor of County Cork Declan Hurley said,
‘We were always optimistic that start-ups, and particularly Cork based start-ups, would seize the opportunity offered by the Bridge to MassChallenge Cork programme. It is fantastic to see such strong Cork representation in the lineup of finalists. This bodes well for the life sciences and med-tech ecosystem in Cork and the strong pipeline of talent we are cultivating here.’
‘We are delighted with the response to the Bridge to MassChallenge Cork competition” said Tim Lucey, Chief Executive, Cork County Council. ‘The line up of finalists sees representation from a diversity of sectors from medical devices, to therapeutics, diagnostics and healthcare. We look forward to sharing their journey as they drive on their businesses with the mentoring and guidance of MassChallenge Boston. This programme offers them a helping hand on their way to achieving their global ambitions and I wish all twenty finalists every success in the next phase of the competition’.
Bridge to MassChallenge is a global non-profit no equity start-up accelerator competition, which, to date, has accelerated 1,211 start-ups worldwide—raising 2 billion USD in funding, generating 900 million USD in revenue, and creating over 65,000 direct and indirect jobs in several locations across the world, including Boston, Massachusetts (USA), Mexico City (Mexico), Lausanne (Switzerland), London (United Kingdom), Jerusalem (Middle East) and more recently Austin, Texas (USA).
For further information see www.corkcoco.ie/b2mccork or contact Elaine Walsh, Bridge to MassChallenge Cork Programme Manager, on firstname.lastname@example.org. To follow the progress of these 20 lucky start-ups and to join the conversation online follow Bridge to MassChallenge Cork on Facebook\b2mcCork, Twitter @b2mcCork or LinkedIn. #B2MCCork
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