The Local Enterprise Offices (LEO) in Cork are on the hunt for Cork’s Best Young Entrepreneurs, with €150k investment fund up for grabs.
- Are you aged 18 -35?
- Do you have a business idea or existing business?
- Do you want to compete for a part of Cork’s €150,000 investment fund and be considered in the shake-up for Ireland’s Best Young Entrepreneur?
If you answered ‘yes’ to these three questions, then your Local Enterprise Office wants to hear from you!
The three LEOs in Cork are each running a competition to find the best young entrepreneurs in three categories, with an overall winner going forward to represent their LEO in regional finals, and if successful, flying the Cork flag at the IBYE national finals to find ‘Ireland’s Best Young Entrepreneur’ later this year.
The competition, which has a simple online application form, is open to individuals aged 18 to 35 and will be judged under three distinct categories:
- Best Idea – has an idea for a business but has not starting trading at time of application
- Best Start-Up Business – has started trading but in business 18 months or less
- Best Established Business – has been trading for 18 months or more
Each LEO in Cork will award up to six investments to three category winners and three runners-up for their region. The local winners in the ‘Best Start-Up Business’ and ‘Best Established Business’ categories will receive investments of €15,000 each and runner-up in each will each receive €5,000. The ‘Best Business Idea’ winner will receive an investment of €7,000 and the runner-up will receive €3,000 investment.
A new addition to this year’s competition will see ALL APPLICANTS INVITED TO ‘CORK IBYE ENTERPRISE DAY’ ON OCTOBER 11TH, where they will meet with their LEO, receive full information on competition, refine their value proposition, participate in a pitching masterclass, and network with other applicants. Following the Enterprise Day, applicants must submit a video and can also make improvements to their application form up until October 20th.
Applications from Cork businesses and start-ups are invited before Friday, September 29th.