Ireland's Best Young Entrepreneur 2014 - Dublin City Finals - Winners Announced

The winners of the Dublin City Finals of Ireland's Best Young Entrepreneur 2014 were announced on Tuesday, 7th October, 2014 in the Mansion House, Dublin. These awards, supported by the Department of Jobs, Enterprise and Innovation and run by the network of Local Enterprise Offices (LEO’s) are an integral part of the Action Plan for Jobs 2014.

The awards were conferred in three main categories and were selected from a list of fifteen entries. The winner of the Best New Idea category was Lucas Decker of Coindrum http://dublincity.ie/lukas-decker . The winner of the Best Start Up category was Ciara Clancy of Beats Medical http://dublincity.ie/ciara-clancy  and Jamie White of Youth Nation http://dublincity.ie/jamie-white  won the Best Established Investment category.  The overall winner for the Dublin City Best Young Entrepreneur 2014 was Ciara Clancy of Beats Medical.

Each Dublin City winner will now progress to the Regional finals in which they will compete to go through to National finals. Ultimately, they will compete to be named Ireland’s Best Young Entrepreneur, at the National ceremony in December 2014.

Dublin’s Lord Mayor Christy Burke said, “Dublin City Council is proud to be associated with such a prestigious award. Experience shows that entrepreneurs have been the catalyst for enabling the creation of sustainable jobs and companies. These Awards are our way of showcasing the creativity in our economy in difficult times, while acknowledging the effort and commitment shown by the youth of Dublin”.

Marking the occasion, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said:
“Central to our plans for jobs and growth is supporting more businesses to start-up. Two thirds of all new jobs are created by start-ups, so if we are to create the jobs we need we must support more entrepreneurs to start new businesses. That is why we put in place the entrepreneurship forum chaired by Sean O’Sullivan and that is why we established the Local Enterprise Offices to provide more and better Government supports to businesses in one easily-accessible place at local level.”

“Part of this plan is also fostering a stronger culture of entrepreneurship and promoting start-up business as a career option for young people. That is what is behind this new competition to find the best young entrepreneur and ultimately Ireland’s Best Young Entrepreneur. We have excellent start-ups and entrepreneurs in Ireland – we just don’t have enough of them. It is great to see so many excellent entrepreneurs and business-people getting involved in this competition, and I am delighted to congratulate the winners. I wish all three winners every success in the later stages of the competition – and wish all participants every success as they grow their businesses and contribute to the job-creation we need”.

Greg Swift, Head of Local Enterprise said, “Dublin City is absolutely delighted with the substantial response and the quality of applications for the IBYE awards. With 153 submissions for the awards made to Dublin City area alone, it is a clear indication of just how vibrant young entrepreneurship is in the City. This is especially encouraging that so many young people are considering starting a business as an alternative career”.

Ends
For further information please contact
Dublin City Council Media Relations Office T. (01) 222 2170,
http://twitter.com/DubCityCouncil /     www.facebook.com/DublinCityCouncil
Twitter @LEODublinCity     Facebook: Local Enterprise Office Dublin City
Notes to the Editor:

Ireland’s Best Young Entrepreneur (www.ibye.ie) is run by the network of new Local Enterprise Offices across the country.  Local Enterprise Offices are the First Stop Shop for anyone seeking information and support on starting or growing a business in Ireland.  The winners at County/City level will be eligible for an investment in their business of up to €50,000 with an overall national winners fund of €100,000.Investments in winning businesses will be determined according to business prospects and investment needs.

Mentoring, marketing and other supports will also be available to participating businesses at various stages of the competition.

The competition is open to individuals aged 30 and under and will be judged under three distinct categories:
best new idea
best start-up business
best established business with new add-on

The first stage is a County/City-based competition (run by the 31 LEOs) leading to the naming of the Best Young Entrepreneur in each County/City. This stage includes boot camps and mentoring programmes. This will be followed by Regional finals and ultimately National finals with one business-person being crowned Ireland’s Best Young Entrepreneur before the end of 2014.

  • Category - Best New Idea
    Investment  Fund ; €10,000
    • Winners -  Lukas Decker Coindrum -  Coin Collection at Airports https://www.youtube.com/watch?v=7Yq2XnNMyd8
    • Judges Comments - Innovative compelling scalable solution that solves a real problem for travellers which has global applicability
  • Category - Best Start Up (up to 18 months)
    Investment Fund: €20,000 
    • Winners - Ciara Clancy Beats Medical - revolutionising how People with Parkinson’s are treated, assessed and monitored
    • Judges Comments -  An innovative yet simple solution to a real societal problem in a cost effective way.  The key decider was the fact that she has already assembled a high impact team which will facilitate rapid execution
  • Category - Best Established
    Investment Fund €20,000
    • Winners - Jamie White Youth Nation -  Youth specific communications agency.  https://www.youtube.com/watch?v=IvpuNWCXUCw 
    • Judges Comments - Fast scaling business targeting a demographic that is growing rapidly and which has turned into significant job growth
  • Overall Winner : Dublin City: Best Young Entrepreneur Ciara Clancy Beats Medical  
Feedback