After the success of last year’s programme, IDEATE Ireland is returning for 2023. The initiative uncovers and empowers Ireland’s next generation of entrepreneurs, helping to turn their brilliant ideas into thriving international businesses.
IDEATE Ireland is now seeking applications for its 2023 competition, where candidates can develop their business ideas through mentoring and workshops, apply for start-up support and pitch for cash funding. Applications open on Wednesday, 15th February and will be accepted until midnight on Tuesday, 21st March. Last year’s winners were Dr. Mark O’Sullivan and Dr. Alison O’Shea of Neurobell, which is developing a pocket-sized brain monitor with automated seizure detection for new-borns, while the first runners-up were Sarusha Pillay and Dr. Fergus McCarthy of pHetalSafe, which seeks to detect and prevent fetal hypoxia and assess fetal well-being during labour.
As great ideas can come from anyone and anywhere, IDEATE Ireland is open to undergraduate, postgraduate or research students from any academic institution or research centre on the island of Ireland. The ten best submissions will be invited to participate in a 10-week mentoring and support programme and compete for a €27k prize fund.
“Last year’s cohort of IDEATE showed us the extraordinary potential that entrepreneurs in this country have”, said Helen Fullen. “We’re looking forward to finding and working with this year’s participants and to continue inspiring future business leaders through the programme. We believe ideas can change the world; that’s why we’re just as excited and ambitious about our entrepreneurs’ projects as they are. Through IDEATE Ireland, entrepreneurs are provided expert guidance and support in a focused, motivational and hands-on environment, making it an invaluable and rewarding experience.”
“We’re looking forward to writing the next chapter of Ireland’s leading third-level start-up competition with IDEATE Ireland”, added Chairman of IDEATE Ireland David Moffitt. “The competition’s success over the past 11 years highlights the importance of providing entrepreneurs across Ireland with education, mentorship, and a robust business network. The initiative is going from strength to strength, with exciting new partnerships since last year. Our mission is to capture the imagination of Ireland’s brightest minds, enabling and empowering them to make a lasting contribution to the global economy, employment, and society. We have a deep bench of alumni who are ready and willing to engage with the next generation of Irish entrepreneurs, offering them support and feedback; it’s also great to have the support of PWC and Key Capital as pillar sponsors for this year’s programme. We’re determined to sustain and grow this network to ensure IDEATE Ireland continues to be the best kick-start entrepreneurs can get on the island of Ireland.”
Adding to this, Emma Scott, People Partner at PwC, said: “With IDEATE Ireland, we have a great opportunity to develop talent, as well as engage with PwC graduates and encourage them to participate in the competition. We look forward to seeing even greater innovation in 2023, discovering what ideas entrepreneurs around the country are working on, and providing them with a structured insight into how to progress their business.”
Conor Killeen, Chairman of Key Captial, is looking forward to supporting entrepreneurs throughout the competition: “We aim to develop commercial know-how and allow entrepreneurs to engage with like-minded people so that their business can have a global impact. Entrepreneurs can speed up their learning through exposure to the best in the business.”
This year’s IDEATE Ireland sponsors are PwC, Key Capital, Guinness Enterprise Centre, Irish Life and Each & Other.