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Minister Perry launches Enterprise Ireland Student Entrepreneur Awards

· Prize fund of €30,000 cash and €30,000 consultancy for enterprising


· Young entrepreneurs and third level students are seed bed for future

business start-ups

· Opportunity for enterprising students to get into business for


Minister for Small Business, John Perry T.D, today (Monday) announced that

Enterprise Ireland has launched a major drive to spur entrepreneurial third

level students to develop innovative business proposals as part of the

Enterprise Ireland Student Entrepreneur Awards competition. This is a

great opportunity for ambitious and enterprising students to build a

real-world business venture and at the same time be in with a chance to win

a prize from the overall €30,000 cash prize fund and €30,000 consultancy

fund, which includes a €10,000 first prize.

The Enterprise Ireland Student Entrepreneur Awards, which are co-sponsored

by Invest Northern Ireland, Intel, Cruickshank Intellectual Property

Attorneys and Grant Thornton, are Ireland’s biggest and longest established

student enterprise competition for third level student teams from the whole

island. The priority is to get students thinking now about starting their

own business as a career option once they graduate. The sponsors also

bring their expertise to nurturing the finalists in the competition to

commercialise their business by providing them with expert guidance in

areas such as intellectual property, market research, finances, technology

development, public relations and advertising, all aimed at supporting

young entrepreneurs to develop viable businesses and create jobs.

Launching the awards Minister for Small Business, John Perry T.D., said:

“Young entrepreneurs and third level students are a seed bed for future

business start-ups and as such they should be part of Ireland getting back

on its feet and the drive to stimulate more micro and small business

activity and create jobs. They can be our successful entrepreneurs of the

future and we need to really tap into the potential for them to help drive

the economy by starting their own business as a real career option. We

have to encourage and stimulate these students to be ambitious about their

own potential to go into business for themselves, and these awards are a

really important opportunity for them to test their flair for this.”

Tom Hayes, Enterprise Ireland’s Head of Entrepreneurship, added: “The

Enterprise Ireland Student Entrepreneur Awards campaign features a host of

approaches to reach the students and make sure they get every encouragement

and support to develop viable business plans. We encourage them to team up

with their colleagues and friends from other faculties to, be innovative,

collaborative and creative on coming up with products that will help them

explore their ideas and own appetite for going into business for


This year for the first time Enterprise Ireland are asking students to

submit a video that captures how great their idea is and shows commercial

and export potential. Other features of the competition include a

website, facebook page, twitter account and pod casts – reaching out to

students in the world that they know best. Enterprise Ireland are

currently supporting all of the internal entrepreneurship competitions

within the institutions on the island of Ireland with a €500 cash

sponsorship prize for each college.

Regional Executives from Enterprise Ireland will be presenting the details

of the competition to all colleges and institutions between now and the

closing date for the competition on 17 March 2014.

For more information visit the website on: