The decision to curtail government funding to the National Digital Research Centre (NDRC), one of the country’s pre-eminent start-up accelerators, has stunned much of the industry. The NDRC has been in operation since 2006, providing a framework for early-stage companies like biotech firm Nuritas and data analytics business Boxever, to grow into substantial businesses that create jobs and sell into international markets. Over the past 18 years, portfolio start-ups that have moved through the NDRC have gone on to raise over €500 million in funding – €200 million of which was secured in the past four years alone. The incubator…

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