The Ireland Funds Business Plan Competition calls for applicants

The Ireland Funds has partnered with NDRC to help you bring your idea from concept to pitch with The Ireland Funds Business Plan Competition.

Applications are being accepted until noon on Wednesday, 25th April 2018 after which ten business ideas will then be selected to receive mentoring and support from NDRC through a series of workshops during May and June, with the opportunity to compete to pitch for a place on one of NDRC’s investment programmes, €16,000 in prize money and other supports.

Who can apply?

The Ireland Funds Business Plan Competition is open to anyone resident in Northern Ireland or the Republic of Ireland at pre-investment stage. Specifically we are looking for three things:

  • A technology/digital proposition
  • Global scalability potential
  • Team (must be more than one person)
  • Should be at pre-seed stage

What are they looking for?

The competition page on the NDRC website states:

We are looking for smart new business ideas amongst Ireland’s early-stage technology entrepreneurs. Convince us that your business idea is the next big thing and you will receive support to develop your business idea from concept to pitch.

Ten companies will be selected to participate on four pre-acceleration workshops. At the finale, the judging panel comprising leading entrepreneurs, executives and investors, will select the winner and runners-up.

And the prizes?

First prize

The opportunity to pitch for a place on one of NDRC’s investment programmes along with  €10,000 cash prize. NDRC is Ireland’s most successful digital accelerator, specifically designed to enable entrepreneurial teams transform solid ideas into commercially viable startups.

Runner-up prizes 

€5,000 cash prize (first runner-up)
€1,000 cash prize (second runner-up)

All finalists will receive detailed feedback on their business ideas and pitches from the NDRC Venture Investment Team and Judging Panel.

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