Enterprise Ireland Launches Student Awards 2006

The 2006 Student Enterprise Awards were recently launched at the Davenport Hotel, Dublin. Sponsored by Invest Northern Ireland, Enterprise Ireland and Ulster Bank, the competition boasts an unrivalled prize fund of over £27,000 for budding third level entrepreneurs.

Now in its 23rd year, the Student Enterprise Awards are designed to develop and promote innovation and entrepreneurship amongst Ireland’s third level student population and offers students a chance to compete for the coveted title “College Entrepreneurs of the Year.”

Oonagh Hinds of Invest NI’s Entrepreneurship Development Team commented: “This is a really valuable competition which helps stimulate the spirit of entrepreneurship amongst young people on the island of Ireland.  The Awards encourage young people to think creatively and to work in teams to develop projects which have real commercial potential.

“With the right planning and innovative thinking young people are just as capable and likely to succeed as anyone else when it comes to starting a business, but they can only realize this if they are encouraged to go for it. This competition will help that happen,” she continued.

According to Colm Hackett, Manager of Regions & Entrepreneurship with Enterprise Ireland: “Enterprise Ireland is delighted to again join forces with Invest NI and Ulster Bank to encourage innovation and promote enterprise and a spirit of entrepreneurship amongst third level students in Ireland. The Awards have proved to be a real incentive for students to consider starting their own businesses as shown in a previous survey of Award participants. A massive 92% of participants said they would consider starting their own business as a result of taking part in the Awards”.

John McGrane, Head of Ulster Bank Business Centres commented:

"Ulster Bank is committed to supporting Ireland's entrepreneurs and we believe that these Awards are a unique and valuable opportunity to identify and foster our future business leaders.  Our support each year for the Student Awards stems from Ulster Bank's belief that supporting and encouraging entrepreneurship will lead to a stronger, more vibrant Ireland.”

The competition is open to all full-time undergraduate and post graduate students attending any third level educational institution in Ireland. If you are a student who has a novel idea that you think has commercial potential this competition could be the first step to establishing a successful business.