All-island competition to help grow budding firms
Business start-ups and fledgling companies have a chance to win just over £80,000 as InterTradeIreland's annual Seedcorn competition gets under way.
There is an overall prize fund of €280,000 (£224,000) in the competition - the biggest in Ireland and aimed at entrepreneurs north and south.
A total of nine prizes of €10,000 (£8,000) upwards offer a lifeline to young companies seeking to raise equity to help their business grow and develop.
Businesses can enter in one of the two categories: new start or early stage. And there are four regions: Northern Ireland; Dublin (city and county); Munster, and Connacht and Leinster (including counties Donegal, Cavan and Monaghan).
Two Belfast workshops will be hosted by InterTradeIreland this Friday at Halo in the NI Science Park and Propel to help those considering entering the competition, including providing advice on preparation of video clips, presentation slide decks and business plans.
The new start category encompasses companies under five years old which are seeking to raise new equity of between €50,000 and €299,999.
The early stage category encompasses companies under five years old which are seeking to raise in excess of €300,000. Connor Sweeney from InterTradeIreland said: "Seedcorn is much more than money - entrants can gain invaluable guidance, tips and advice from our experts, as well as investors and other entrepreneurs." This year's competition is now open for registration at www.intertradeireland.com/seedcorn. Businesses should submit their entry by May 27.