08/03/2017

£10k Business Start Up Challenge Officially Opens

Derry City and Strabane District Council's £10k Business Start Up Challenge is now open.

Anyone who has started a business in the past year or who has completed the Go for It programme are being urged to take part in the challenge by Council's Head of Business Kevin O'Connor.

He said: "Council is focused on developing business and encouraging our local entrepreneurs. While the end process of this £10k Business Start Up Challenge will see three winners awarded with a cash injection, we also hope to inspire everyone who takes part and create some value to them going forward with their plans.

"We are committed to developing and expanding our existing business base and entrepreneurial activity is a critical driver of economic prosperity. Today’s event is a testament that Derry and Strabane is home to many talented entrepreneurs and innovators who are thriving in spite of the economic uncertainty. We as a Council want to encourage new thinking that will benefit the local economy and support entrepreneurs and organisations that have strong potential and smart new ideas.

"Innovation is a big part of this challenge. I'd ask that you think about a number of factors before submitting your plan; think beyond local - how you can export your idea or product, can it make you money fast, is there anything unique/quirky about it and consider how you will research your market."

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