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Prize fund of €50,000 available to Limericks young entrepreneurs



The Irish Best Young Entrepreneurs Award is seeking applications from young innovators and entrepreneurs in every county in Ireland. It has been announced that €50,000 will be awarded to 3 winners of Limericks young entrepreneurs. The winners at national level can then receive up to an additional €50,000 and over 400 young entrepreneurs will also win places at regional Business Bootcamps with mentoring supports, to further develop their business skills.

Aimed at those aged between 18 and 30, the competition is an integral part of the Action Plan for Jobs and is supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland and the Local Enterprise Offices.

Young people with a startup or a business idea can apply via the Limerick Local Enterprise Office or by completing the online application form at here before July 31. The competition is free to enter, and all details are available at here.

The first stage is a county-based competition, leading to the naming of the Best Young Entrepreneur in Limerick. This will be followed by eight regional finals, with one young business-person being crowned Ireland’s Best Young Entrepreneur later in the year at the national finals in Google’s European HQ in Dublin before the end of the year.


The aim of the initiative is to support a culture of entrepreneurship among young people in Ireland, to promote entrepreneurship as a career choice, and to encourage Ireland’s young people to set up new businesses which will ultimately create jobs.

The competition is broken down into three categories:

  • Best New Idea (pre-trading)
  • Best Start up Business (up to 24 months)
  • Best Established Business (over 24 months)

If you are aged between 18 and 30, with an outstanding idea/commercial venture for a start-up or existing business then the IBYE Competition is for you.

Check out the Ireland’s Best Young Entrepreneur Facebook page here.

Follow Enterprise ireland on Twitter here.


Richard is a presenter, producer, songwriter and actor. He was named the Limerick Person of the Year (2011) and won an online award at the Metro Éireann Media and Multicultural Awards (2011) for promoting multi-culturalism online. Richard says that the concept is very much a community driven project that aims to document life in Limerick. So, that in 20 years time people can look back and remember the events that were making the headlines.