Budding entrepreneurs take note: 40th Student Entrepreneur Awards are open to undergraduate and postgraduate students from across Ireland’s third level institutions with €35,000 prize fund up for grabs.

Students from across third level institutions nationwide with innovative business ideas that could have a commercial impact are being invited to apply to this year’s 40th Student Entrepreneur Awards.

The awards, which are organised by Enterprise Ireland and which are co-sponsored by Grant Thornton and the Local Enterprise Offices.

“It’s always enormously exciting to see the incredible work that’s been done in our third level institutes to find solutions to challenges across a range of sectors”

Ten finalists will be selected to compete for several awards such as the Cruickshank Intellectual Property High Achieving Merit Award, the Grant Thornton High Achieving Merit Award and the Local Enterprise Office ICT Award.

€35,000 prize fund

The overall winner will share in a €35,000 prize fund and receive mentoring from Enterprise Ireland to develop the commercial viability of their concept. The award winners will also receive expert advice and mentoring support from Enterprise Ireland and the programme sponsors to help them turn their ideas into a commercial reality.

UCC student Mark O’Sullivan was the 2020 Enterprise Ireland Student Entrepreneur of the Year for his medical device Neurobell for the early detection and monitoring of brain injuries in newborn babies.

Other 2020 award winners included RCSI student Siobhan Ryan for PressiDect, a peri-operative pressure detection system designed for use on a theatre table, and CIT student Simon Dring who developed the TraumAlert SmartGuard to improve concussion awareness and player safety at all levels.

Brothers Jack and Nick Cotter from UCC and LIT also received an award for a lamb-handling system called The Cotter Crate which helps to prevent back injury for Irish sheep farmers.

“On an annual basis, we receive more than 1,000 entries from talented students all over the country. It’s always enormously exciting to see the incredible work that’s been done in our third level institutes to find solutions to challenges across a range of sectors. Combined with entrepreneurial ambition and a focus on achieving success, the Awards recognise the potential of turning these great ideas into profitable businesses of the future.

“If you are a third level student with an idea with commercial focus, then we encourage you to enter the Student Entrepreneur Awards 2021. This is the beginning of a journey to becoming an entrepreneur and starting a business.”

Closing date for Student Entrepreneur Award entries is 12th March 2021. The award winners will be announced at a ceremony on 11th June 2021.

A Student Entrepreneur Awards information webinar on “Innovation for the future and how to be agile” is available to view here

Entries to the Student Entrepreneur Awards 2021 can be made via www.studententrepreneurawards.com

“The Student Entrepreneur Awards were a fantastic opportunity and experience,” said 2020 Enterprise Ireland Student Entrepreneur of the Year, Mark O’Sullivan, Neurobell.

“They provided a national and international platform to help achieve my commercialisation goals and Enterprise Ireland has provided continuous support since the awards.”

Main image at top: 2020 Enterprise Ireland Student Entrepreneur of the Year Mark O’Sullivan

By John Kennedy (john.kennedy3@boi.com)

Published: 1 December, 2020

Recommended