Best Established Business , David Bambrick of Equireel to compete for Ireland’s Best Young Entrepreneur National title

Best Established Business , David Bambrick of Equireel to compete for Ireland’s Best Young Entrepreneur National title

David Bambrick IBYE Regional Winner

Competing for Ireland’s Best Young Entrepreneur in the upcoming national final will be David Bambrick from Equireel representing County Carlow. Equireel is an equine media business that focuses on the equestrian sport of eventing and in particular the cross country phase. Equireel produce videos for different stakeholders throughout the equestrian industry and operate in Ireland, the UK, France, Netherlands and Poland. Equireel is run by business partners and Carlow natives David Bambrick and Michael Nolan.

The Regional Winners of “Ireland’s Best Young Entrepreneurs’ were announced at an awards ceremony hosted by Carlow’s Local Enterprise Offices on 19th June 2019  at Step House Hotel ,Borris, Co. Carlow.  The winners were chosen from 12 finalists, shortlisted from almost 200 applicants in the competition which was launched earlier this year by the LEO’s as part of a nationwide search to find “Ireland’s Best Young Entrepreneur (IBYE).

Now in its fifth year, IBYE is a nationwide campaign to celebrate Ireland’s young entrepreneurs and is open to individuals aged 18 to 35 who have an innovative business idea, new start-up or established business.

24 contenders (three from each region nationally - one in each category) will be selected to compete for the national title of Ireland’s Best Young Entrepreneur on Sunday 15th of September 2019. A further €100,000 investment fund will be available to invest in the winners of the three categories at the national final - one of which will also be named as “Ireland’s Best Young Entrepreneur”.

Eight regional finals are taking place across the country over the next few weeks in the search for Ireland’s Best Young Entrepreneur 2019. Previous LEO Carlow national finalists include Equiratings & Paintshop.ie

The regional winners will now proceed to compete for the national title of Ireland’s Best Young Entrepreneur on Sunday 15th of September 2019. A further €100,000 investment fund will be available to invest in the winners of the three categories at the national final - one of which will also be named as “Ireland’s Best Young Entrepreneur”.

Speaking at the regional final Kieran Comerford ,  Head of Enterprise, Local Enterprise Office carlow said “We are delighted to have had such a positive response from so many strong candidates from Carlow this year - it is fantastic to see so many young entrepreneurs here tonight with innovative ideas and businesses. The skills and knowledge gained by all involved in the competition we hope will stay with each participant and help grow their businesses even further. We are excited to see what will be in-store for our regional winners and we wish them every success in the upcoming national finals! IBYE is a remarkable platform that we hope will encourage and grow further young entrepreneurship and job creation in the region.”

Further details on the competition and supports available to young entrepreneurs are available through www.localenterprise.ie

and www.ibye.ie .

ENDS

For further press information please contact: Kieran Comerford 086-8252037

Notes to Editor:

 

About IBYE:

Ireland’s Best Young Entrepreneur is an enterprise initiative run by the 31 Local Enterprise Offices (LEOs) around the country and funded by the Department of Business, Enterprise and Innovation and Enterprise Ireland. A €2million investment fund is available through IBYE which supports young entrepreneurs through training, mentoring and direct financial investments.

Now in its fifth year, IBYE was open to people between the ages of 18 and 35 (at the date of application) with an innovative business idea, new start-up or established business, including: individuals, venture teams, partnerships, existing businesses with a new idea, or people overseas(including Irish emigrants) who will headquarter in Ireland.

Each LEO has a total fund of up to €50,000 to invest in six businesses (three category winners and three runners-up) according to criteria including businesses’ investment needs.

The three categories are as follows:

  •  Best Business Idea(pre-trading) – up to €10,000 investment fund through every LEO (€7,000 for category winner and €3,000 for runner-up, through every LEO)
  •  Best Start-Up Business (In business 18 months or less), with up to €20,000 investment fund through every LEO (€15,000 for category winner and €5,000 for runner-up, through every LEO)
  • Best Established Business (trading for more than 18 months) with up to €20,000 investment fund through every LEO (€15,000 for category winner and €5,000 for runner-up, through every LEO). There will be eight regional finals held from which 24 contenders (three from each region – one in each category) will be      selected to compete for the national title of Ireland’s Best Young Entrepreneur. A further €100,000 investment fund will be available  to invest in the winners of the three categories at the national finals, one of which will also be named as “Ireland’s Best Young Entrepreneur.