Calling Cork start-ups to become investor ready and compete for €280k prize fund

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Calling Cork start-ups to become investor ready and compete for €280k prize fund

InterTradeIreland is calling on new start-ups and early stage companies in Cork to enter the island’s largest business competition.

Saturday, 12 April 2014
2:00 PM GMT



InterTradeIreland is calling on Cork new start-ups and early stage companies to enter the island’s largest business competition, the InterTradeIreland all-island Seedcorn Investor Readiness Competition. With a total cash prize fund of €280,000 with no equity stake, it aims to transform equity raising businesses into first-class investor ready companies.

Now in its 12th year, the competition has supported 1,949 enterprising companies, with the companies that have made it through to the regional finals successfully raising €179m in new funds. It is considered among the investment and business communities in Ireland as one of the most important barometers for new and emerging companies.

Cork companies that have been successful through the competition include; Gnarley Adventure, Radisens Diagnostics, Luxcel Bioscience, Air Dryer Systems, Pervenio, Treemetrics, Aspiracon, Wave Break Media, Mitamed and Ferfics.

WORKSHOPS

InterTradeIreland will host free Seedcorn workshops on Tuesday, April 15 from 11am–12.30pm in UCC. The workshops are designed to guide those considering entering the competition, including providing advice on preparation of video clips, presentation slide decks and business plans. To register for these events go to www.intertradeireland.com/seedcorn/events

Initial applications will be shortlisted with successful companies being invited to submit their full business plan. Companies must register their interest and complete the initial application form for the competition by Friday, May 30, with the final business plan due by Friday, September 5. Regional winners will be announced in mid November, before going on to compete in the all-island grand final which takes place in Belfast on November 26.

Companies can get involved with InterTradeIreland’s Seedcorn competition by registering at www.intertradeireland.com/seedcorn



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