Twenty-four-year-old Glanmire native, James Foody, whose company has developed a wearable fertility tracker and app for women, has been named Ireland’s best young entrepreneur.
Foody wins a total of €70,000 for his business through the Local Enterprise Offices.
The fertility tracker, called Ayda, works by allowing women to find the best time of the month to conceive naturally.
24 finalists from 17 counties competed in the national final at Google’s European Headquarters in Dublin.
1,400 young Irish entrepreneurs, all aged between 18 and 30, took part in the 2015 ‘Ireland’s Best Young Entrepreneur’ competition, also known as the IBYE.
Young Irish people who have emigrated
For this year’s IBYE, young Irish people who have emigrated in recent years were asked to apply, with a view to setting up their businesses in Ireland.
Applications were received from forty young Irish entrepreneurs, based in countries like the USA, UK, Italy, Canada and the United Arab Emirates.
What is the IBYE?
Launched in May 2015, the IBYE is organised by the Local Enterprise Offices.
“As the first stop shop for new start-ups or small businesses looking to grow and expand, the doors of the Local Enterprise Offices in every Local Authority area are always open for young entrepreneurs,” says Sheelagh Daly of the Local Enterprise Offices.
“As well as one-to-one mentoring support, network meetings and specialised training, the Local Enterprise Offices can also offer access to grants and loan facilities, to help get new businesses up and running and to help them expand in the future.”
Image courtesy of IBYE.