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Waterford’s Best Young Entrepreneurs to win €50,000 Investment

002_leo_291016Six of Waterford’s best young entrepreneurs will win a total cash investment of €50,000 from the Waterford Local Enterprise Office, as part of the Ireland’s Best Young Entrepreneur competition this coming Friday December 2nd at an awards ceremony in Dooley’s Hotel

At the ceremony awards will be presented to winners and runners up in the categories of best idea, best start up and best established business. The winners will be chosen from 21 entrepreneurs, shortlisted from over 50 applicants in the competition which was launched in Waterford in September by Minister of State for Training, Skills and Innovation, John Halligan T.D.

To help prepare for this stage of the competition, the finalists enjoyed a three day, intensive business boot camp which was designed to help them develop the skills to take their ideas and businesses from the concept stage to reality, to build a viable business plan and commercialise their business.

The finalists were evaluated and judged by Elaine Fennelly (Bluefin), Regina Mangan (Liberty Blue), Louise Grubb (Q1 Scientific), Nora Widger (Theatre Royal), Laurent Borla (Senantra Ltd.), Richie Walsh (Waterford LEO) and Brid Kirby (Waterford LEO). Finalists were judges according to criteria including business investment needs, business prospects and the young entrepreneurs capabilities.

The winners go on to represent Waterford at the regional finals on Thursday January 19th. A total of 24 finalists will then compete at the Ireland’s Best Young Entrepreneur National Finals

Speaking at the county final, Richie Walsh from Local Enterprise Office Waterford said “The standard of young entrepreneurs in Waterford has once again astounded me. The goal of the IBYE initiative and our Student Enterprise Awards is to encourage and support a culture of entrepreneurship among young people in the county, to promote entrepreneurship as a career choice, and to encourage the creation and development of new innovative businesses”.

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