Ormeau Labs: Fundraising
Ormeau Labs: Fundraising Sprints in partnership with the British Business Bank and IntertradeIreland.
EFFECTIVELY RAISE VENTURE CAPITAL WITH ORMEAU LABS
Every month, we are running a week-long Fundraising Sprint that provide hyper-individualised and on-demand support to 5 startups based in Northern Ireland. This means you’ll get personalised guidance to help you prepare and execute a successful fundraising campaign.
These sprints are highly interactive and hands-on, so you’ll have the opportunity to refine your strategy, build momentum, and build powerful partnerships with investors. We’ll help you stress-test your models, build a well-researched investor pipeline, create a communication strategy, and prepare essential fundraising materials. Founders will also have the opportunity to meet with investors and gain access to an established network of over a thousand investors.
At the end of the week, you’ll have a comprehensive understanding of the venture capital market and a clear path forward to effectively raise capital.
The programme is designed and led by Chris McClelland who has helped hundreds of founders launch and raise over $700M in venture capital across local and international markets. Founders will gain unique insights and frameworks gained from his first-hand experience of the dynamics of the venture capital market.
FAQS
WHO’S THIS FOR?
This is for CEO founders of venture scale company based in N. Ireland that are actively raising investment or within the next 3 months. Teams can be from any sector or stages from pre-seed to Series A.
This programme is designed to support under-represented founders from all over Northern Ireland. We are committed to diversity and inclusion and we welcome applications from all Northern Irish founders actively seeking investment, regardless of race, gender, sexuality, religion, or any other personal characteristic. We encourage you to apply and we will ensure that all applications are reviewed objectively and fairly.
WHAT IS THE TIME COMMITMENT?
This is an opportunity to get a head start with your fundraising so participants are expected to dedicate their week to this.
The sprint runs for 5 days, with two full-day workshops on the first and third day that are held in person at Ormeau Baths. The remaining days offer bookable one-to-one support for approximately 2.5 hours per day.
After the sprint, participants will have access to weekly virtual check-ins and bookable office hours designed to provide ongoing guidance and feedback to participants as they execute their fundraising campaign.
WHEN ARE THE SPRINTS?
Sprints run the first week of every month. The May sprint is spread over two weeks due to May bank holidays.
MAY SPRINT
Tuesday 2nd — Friday 5th May & Tuesday May 9th 2023
Applications close 25th April
JUNE SPRINT
Monday 5th — Friday 9th June 2023
Applications close 22nd May
JULY SPRINT
Monday 3rd — Friday 7th July 2023
Applications close 19th June
HOW DO I APPLY?
We are operating a continuous application process, so you can apply to these sprints anytime.
The application form requires a short overview of the concept, team, and fundraising status and goals. Please attach latest pitch deck or one-pager for wider context – don’t worry, we will help improve investment materials during the sprint if successful.
HOW MUCH DOES IT COST?
It is free to participants due to the kind support of the Ormeau Baths in partnership with the British Business Bank and InterTradeIreland. Please note, we do not ask for equity to participate.
WHO IS RUNNING THIS?
Chris McClelland is a General Partner at Broadstone a new pre-seed fund dedicated to supporting founders based in Ireland.
He founded Ecliptic Labs, one of the first mobile app development agencies, and Brewbot, a robot that brewed beer. Brewbot was backed by some of silicon valley’s best known entrepreneurs and venture capital firms.
Chris has extensive experience in fundraising and has first hand experience supporting 250 founders in raising over $700M. He has also mentored startups and led workshops for programmes such as NDRC, Techstars, IgniteNI, Patch, and the ATI/Boeing Accelerator. Based on this experience he has developed a range of unique content and frameworks including Fundraising Sprints.
As Managing Director of IgniteNI, Chris designed and led 8 programmes, supporting 111 companies. He has been featured in media worldwide, including the BBC, Guardian, New York Times, and Wired.
OPERATIONS AND SUPPORT
Gary Davidson, NDRC Investor Relations @ Dogpatch Labs
Drew O’Sullivan, Lead Equity Advisor @ InterTradeIreland
ADVISORS
Ian Browne, NDRC Managing Director @ Dogpatch Labs
Claire Halliday, GM @ Ormeau Baths
Jon Bradford, Co-Founder @ Ormeau Baths & Partner @ Dynamo VC
DATA PRIVACY
Data privacy is important to us. All information submitted in the application form will be kept confidential and only shared with the program team, partners and advisors. We will not share any information with third parties without your consent.
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