IntertradeIreland Launches All-Ireland Seedcorn Competition

IntertradeIreland has launched their All-Ireland Seedcorn business competition 2008 for early-stage startups with a prize fund of €280,000.

Background to the competition from the Seedcorn site:

The competition, aimed at companies who have a new equity funding requirement, has a record prize fund of €280,000 and also offers budding entrepreneurs the opportunity to:

  • Develop your business idea
  • Improve your business plan
  • Make your concept investor ready
  • Gain exposure to venture capitalists and other equity providers
  • Increase the profile of your business

The judges are looking for the same elements as a potential investor including:

  • High growth companies
  • The optimum risk/reward profile
  • A strong management team
  • Ability to exit

To date, millions in new equity have been raised by previous finalists of the competition.

The competition closes Friday, September 26th. More detail available at the Seedcorn competition site.

IntertradeIreland are also running a workshop for people interested in the competition on Monday at the Rochestown Park Hotel, Cork.

June 13th, 2008 at 11:40 am • Filed in Business



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