Investment fund of €50,000 can lead to jobs – Louise

With an investment fund of €50,000, Local Enterprise Office Roscommon will award six investment prizes to three category winners and three runners-up, before the Regional Finals early next year.

  The local winners in the Best Start-Up and Best Established Business categories will receive €15,000 each and the two runners-up will each receive €5,000. The Best Business Idea winner locally will receive an investment prize of €7,000 and the runner-up will receive €3,000.

  Louise Ward, Head of Enterprise with Local Enterprise Office Roscommon explains: “The €50,000 investment fund for County Roscommon winners is a very important part of the competition and will help more young entrepreneurs to grow their businesses and create more jobs here locally. Other business supports, such as management training, networking and one-to-one mentoring are also at the heart of the IBYE competition.

  “450 young entrepreneurs benefitted from these business supports last year, so the rewards are there for participants, as well as for the winners.”