Are you Ireland’s Best Young Entrepreneur?

19 May 2014 – Winning business at county level can receive investment of up to €25,000, national winners eligible for extra investment of up to €50,000.

The Taoiseach and the Minister for Jobs, Enterprise and Innovation have launched a new competition to find Ireland’s Best Young Entrepreneur, with a total fund of €2million available to invest in winning businesses and entrepreneurs in every county in the country.

This project is an integral part of the Action Plan for Jobs 2014 and is supported by the Department of Jobs, Enterprise and Innovation through the Local Enterprise Offices.

The competition will be run by the new Local Enterprise Offices, and the winners at county level will be eligible for an investment in their business of up to €25,000, while the winners at national level can receive an additional investment of up to €50,000. Investments in winning businesses will be determined according to business prospects and investment needs.

Mentoring, marketing and other supports will also be available to participating businesses at various stages of the competition.

The competition is open to individuals aged 30 and under and will be judged under three distinct categories:

· best new idea

· best start-up business

· best established business with new add-on

The aim of the initiative is to encourage and support a culture of entrepreneurship among young people in Ireland, to promote entrepreneurship as a career choice, and to encourage the establishment and development of new innovative businesses by Ireland’s young entrepreneurs. This is hugely important for job-creation as two thirds of all new jobs are generated by businesses in the first five years of existence – more start-ups and a thriving entrepreneurial culture will lead to more jobs being created.
To apply go to localenterprise.ie or your Local Enterprise Office – the deadline is 30th June 2014
Source: Enterprise.gov.ie