Fuzion are delighted to be working on two great initiatives that have been introduced by the Government and are being operated by the Local Enterprise Boards.
The first of these is Ireland’s Best Young Entrepreneur, which was recently launched by the Taoiseach and the Minister for Jobs, Enterprise and Innovation.
It is a new competition to find Ireland’s Best Young Entrepreneur, with a total fund of €2 million available to invest in winning businesses and entrepreneurs in every county in the country.
The competition is being 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 the winning businesses will be determined according to business prospects and investment needs.
This is really encouraging to see as it recognises the importance and encourages entrepreneurship in Ireland. The competition is applicable to anyone aged 30 and under with an outstanding idea/commercial venture for a start-up or existing business.
Almost any young person with a business idea can enter the IBYE competition.
It doesn’t matter what their background is and it encourages anyone who has researched a business idea, anyone who is itching to be their own boss, or an existing young entrepreneur, who has an idea to improve their existing business.
It also includes anyone who wants to return home and set up their own business in Ireland. Getting some of Ireland’s best talent to return and set up a new business would be fabulous for our economy.
The competition falls into three categories including Best New Idea, Best Start Up and Best Idea by an Established business.
If you know anyone who fits this bill then please encourage them to enter the competition, which has some great prizes including financial and other supports.
In Cork the campaign will have a distinctive Cork flavour ‘Just Do It.. Like’ (we couldn’t resist!)
Young entrepreneurs can apply via the IBYE website.
Any initiative that encourages, supports and celebrates young entrepreneurs must be applauded – well done!
Check out the other terrific initiative, Online Trading Vouchers which is designed to encourage and assist Irish businesses with eCommerce potential to get trading online and not miss the opportunity to expand their business. Vouchers of up to €2,500 are available to qualifying businesses.
