20 000 euro funding for two Limerick Best Young Entrepreneur competition

Best Young Entrepreneur competition

Best Young Entrepreneur competition – Pictured is the Minister for Jobs, Enterprise and Innovation, Ms Mary Mitchell O’ Connor T.D. with Clo Rambaud of Clo’s Chocolates in Sligo, Orla Brady of SoulSnacks in Westmeath, Daria Adamska of Stop and Stare Designs Company in Cavan, Paul Moore of Rebel Chilli in Cork City, Michael Eustace of Western Herd Brewing Company in Clare, Kevin O’ Callaghan of O’ Callaghan’s Hurleys in North Cork. Picture: Joe Keogh

Local Enterprise Office Limerick is calling on more established entrepreneurs to enter this year’s 2 million euro Ireland’s Best Young Entrepreneur competition before the 14 October 2016 deadline.

The Best Established Business category is one of three categories in the Ireland’s Best Young Entrepreneur competition, which is aimed at young business owners aged 35 and under.  Local Enterprise Office Limerick has a county investment fund of €50,000 and the local winner of the Best Established Business category will receive €15,000 with the runner-up receiving €5,000.

Last year’s national winner of the established business category was James Keogh of Rathwood Home and Garden in Wicklow, which welcomes 300,000 visitors every year.  Other national finalists in the same category last year included the milliner Jennifer Wrynne from Leitrim and Alicia Treanor of Nutri-Snax in Cavan.  They were joined by Mark Sheahan from Recycle Right in Limerick, Tim Dunleavy of Dunleavy Bespoke in Kildare, Oz Ibrahami of Hex CNC in Roscommon, Eddie Lynch of Suir Sprayers in Waterford and Peter Roberts of Roberts of Dalkey seafood company in Dún Laoghaire-Rathdown.

Speaking about IBYE, the Minister for Jobs, Enterprise, and Innovation, Mary Mitchell O’Connor TD said: “It is our nation’s young people who will create the jobs of the future and I want more of our young people to make running a business a career choice.  So, be brave, this is the opportunity to realise your dream.  IBYE offers funding investment and mentoring to young and ambitious entrepreneurs which have proven to be invaluable to previous entrants.  I would encourage all between 18 and 35, and in particularly those with established businesses, to grasp the opportunity that IBYE offers and get your application finished by the 14 October deadline.”

Eamon Ryan, Head of Enterprise with Local Enterprise Office Limerick said: “Once a company successfully comes through the start-up phase, growing an established business presents its own unique set of challenges.  In addition to the significant investment funding on offer through the IBYE competition, every Local Enterprise Office will be inviting young entrepreneur entrants, including young established business owners, to take part in regional Business Bootcamps, with access to expert guidance and mentoring to help them overcome these challenges.”

Ireland’s Best Young Entrepreneur (IBYE) is an initiative of the Department of Jobs, Enterprise, and Innovation and Enterprise Ireland, and is run by the 31 LEOs across the country.  The other two categories in the competition are Best Business Idea and Best Business Start-Up.

Further details about the Ireland’s Best Young Entrepreneur competition competition, which is open to 18 to 35 year-olds, are available from the 31 Local Enterprise Offices nationwide, through www.localenterprise.ie

Fill the application for the Best Young Entrepreneur competition from the IBYE website at www.ibye.ie

For more stories about businesses across Limerick from I Love Limerick click here.

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