Menu
27/04/2009
'Seedcorn' Cash Up For Grabs
Entrepreneurs from Northern Ireland could get a huge cash boost for their business, thanks to a record prize fund of €360,000 being offered by InterTradeIreland's Seedcorn Business Competition 2009.
Already the highest offered by any business competition across the island, the sum has been increased this year to help give fledgling firms 'lift-off' during the recession.
Liam Nellis, Chief Executive of the trade and business development body, pictured here with Shane Meeham, Director of past winners, Media Lightbox, said: "The economic environment has never been more difficult for young businesses. Seedcorn can help by offering a fantastic cash incentive, as well as invaluable support and advice from some of Ireland's top investment experts.
"I would urge any young company to have a go because by just entering Seedcorn they can put themselves in a better position to attract investment, gain valuable industry contacts and get their name known.
"Small companies in Northern Ireland have already raised around £8.7m of additional equity investment over the past six years as a result of their participation in Seedcorn, bringing the total on the island of Ireland to £71.8m," he said.
One success to date is that of Newry Company Media Lightbox.
It has gone from strength to strength since winning Best Emerging Company at last year's finals.
The firm offers an innovative web-based media asset solution for storing and sharing media files as images, video, audio, pdf print marketing collateral, vector files, presentations, documents, fonts or 3D models.
Director Shane Meehan said: "Our profile has been substantially raised since our Seedcorn success.
"We have enjoyed steady sales growth despite the current economic downturn and have ambitious plans to target the lucrative US market.
"We've just secured a deal with the National Trust for Media Lightbox to be used as a project management tool for the construction of the new Giant's Causeway Visitor Centre and have a number of innovative product development plans for 2009, including one for an iPhone application for our product," he explained.
Further infromation: www.seedcorncompetition.com
(BMcC/JM)
Already the highest offered by any business competition across the island, the sum has been increased this year to help give fledgling firms 'lift-off' during the recession.
Liam Nellis, Chief Executive of the trade and business development body, pictured here with Shane Meeham, Director of past winners, Media Lightbox, said: "The economic environment has never been more difficult for young businesses. Seedcorn can help by offering a fantastic cash incentive, as well as invaluable support and advice from some of Ireland's top investment experts.
"I would urge any young company to have a go because by just entering Seedcorn they can put themselves in a better position to attract investment, gain valuable industry contacts and get their name known.
"Small companies in Northern Ireland have already raised around £8.7m of additional equity investment over the past six years as a result of their participation in Seedcorn, bringing the total on the island of Ireland to £71.8m," he said.
One success to date is that of Newry Company Media Lightbox.
It has gone from strength to strength since winning Best Emerging Company at last year's finals.
The firm offers an innovative web-based media asset solution for storing and sharing media files as images, video, audio, pdf print marketing collateral, vector files, presentations, documents, fonts or 3D models.
Director Shane Meehan said: "Our profile has been substantially raised since our Seedcorn success.
"We have enjoyed steady sales growth despite the current economic downturn and have ambitious plans to target the lucrative US market.
"We've just secured a deal with the National Trust for Media Lightbox to be used as a project management tool for the construction of the new Giant's Causeway Visitor Centre and have a number of innovative product development plans for 2009, including one for an iPhone application for our product," he explained.
Further infromation: www.seedcorncompetition.com
(BMcC/JM)
Related Northern Ireland News Stories
Click here for the latest headlines.
14 November 2008
Go-Ahead Firms Win Seedcorn Round
Two companies have won €20,000 each and a chance to share in a total prize fund of €280,000 after clinching the Northern Ireland regional titles in the InterTradeIreland Seedcorn Business Competition 2008.
Go-Ahead Firms Win Seedcorn Round
Two companies have won €20,000 each and a chance to share in a total prize fund of €280,000 after clinching the Northern Ireland regional titles in the InterTradeIreland Seedcorn Business Competition 2008.
06 March 2012
UTV Media Announces Acquisition Of PR Firm
A successful media company in the UK and Ireland incorporating Radio, Television, New Media and Publishing has revealed that they have bought a social media agency with the hope of further expanding their multi-media business.
UTV Media Announces Acquisition Of PR Firm
A successful media company in the UK and Ireland incorporating Radio, Television, New Media and Publishing has revealed that they have bought a social media agency with the hope of further expanding their multi-media business.
18 August 2011
All Ireland 'Seedcorn' Business Bid Hots-up
Businesses hoping to be in with a chance of winning their share of a €280,000 cash investment in this year's InterTradeIreland All-Island Seedcorn Business Competition have only got a month left to submit their entries. Liam Nellis, InterTradeIreland Chief Executive, (pictured here) is encouraging local companies to take part.
All Ireland 'Seedcorn' Business Bid Hots-up
Businesses hoping to be in with a chance of winning their share of a €280,000 cash investment in this year's InterTradeIreland All-Island Seedcorn Business Competition have only got a month left to submit their entries. Liam Nellis, InterTradeIreland Chief Executive, (pictured here) is encouraging local companies to take part.
17 December 2007
NI Joins Media Academy Network
Young people in Northern Ireland who hanker after a career in some of the many aspects of the media now have another avenue open. An innovative new project - described as an 'elite academy' will help to develop a new wave of talent to create the media content of the future.
NI Joins Media Academy Network
Young people in Northern Ireland who hanker after a career in some of the many aspects of the media now have another avenue open. An innovative new project - described as an 'elite academy' will help to develop a new wave of talent to create the media content of the future.
07 November 2002
Political crisis threatens confidence, investment and jobs
Three-quarters of Northern Ireland business leaders say the collapse of the Good Friday Agreement would destroy business confidence. The unexpected result was part of a BBC Northern Ireland Business Day Poll survey which also revealed that if current levels of violence escalate, half of local employers would postpone planned investment or cut jobs.
Political crisis threatens confidence, investment and jobs
Three-quarters of Northern Ireland business leaders say the collapse of the Good Friday Agreement would destroy business confidence. The unexpected result was part of a BBC Northern Ireland Business Day Poll survey which also revealed that if current levels of violence escalate, half of local employers would postpone planned investment or cut jobs.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
