Local Medtech company NUA Sugical is one of seven startups from around the world chosen for a global accelerator programme.
The medtech company, based out of NUI Galway, has been chosen to take part in the inaugural LaunchPad Lift Powered by Techstars programme.
This programme identifies top-performing university startups from the LaunchPad global network of top 20 universities and pairs them with the resources to reach the next level.
NUA Sugical is the only Irish start up to be chosen for a personalised ten week experience with an assigned Techstars mentor to help them succeed.
The medtech project they are developing is Stericision, a novel medical device in to make caesarean delivery a safer and more superior surgery.
As part of the LaunchPad Lift programme, NUA Surgical will receive a $10,000 prize from the Blackstone Charitable Foundation to support strategic efforts that grow and scale their ventures.
The project has already received significant backing from Enterprise Ireland to help them take the idea from concept through design and development.
Executive Director of LaunchPad NUI Galway Natalie Walsh said For NUIG to be chosen for this programme, “further endorses our campus commitment to positive impact in the areas of innovation and entrepreneurship.”
“The Bioinnovate programme and our broader ecosystem to support entrepreneurship and enhance NUI Galway’s position as a catalyst for innovation regionally, nationally and globally.”
NUA Surgical was founded by Barry McGann in 2017 during the BioInnovate programme.
Together with technical lead Padraig Maher and design control lead Marie Therese Maher, the team have over 50 years combined industry experience.
David Cohen, Co-CEO of Techstars said the programme “Offers campus start-ups valuable on-campus support during a critical time in their entrepreneurial journey.”
“LaunchPad Lift will take this a step further – dedicating additional targeted support to a cohort of the most promising ventures.
“Techstars wants to be a worldwide network that helps entrepreneurs succeed from inspiration to IPO and we recognise the importance of early guidance.”
LaunchPad Lift will run for 10 weeks, from January 28 through April 1, 2019.
Upon completion of the program, each participating venture joins the Blackstone Charitable Foundation and Techstars team at a closing event in New York City.