Eligibility Criteria

The 2017 IBYE competition will be open to people aged between 18-35 across 3 categories:

  1. Best Idea (not yet trading)
  2. Best Start Up (trading for 24 months or less)
  3. Best Established Business (trading for more than 36 months)

Eligibility Criteria for Applicants

  • Aged between 18 (at date of application) and 35 (at 31st  December 2015).
  • Applicants aged under 18 at date of application are not eligible to apply
  • Original and innovative idea, start-up or existing business.
  • Applicants must own, control and manage their business Intellectual Property.
  • Not for profit and social entrepreneurship applicants must operate in a commercial domain.
  • The applicant must be the main promoter i.e. has the lead role in the business and/or has a significant shareholding in the business.
  • In the case of a family business, the applicant must set out when they took control of the business and demonstrate the transformational impact they have had on the business since taking control.
  • Applicants must enter the competition in the LEO area in which their business is located.
  • IBYE 2016 Winners will be entitled to enter the IBYE 2017 competition if they satisfy the following criteria:
    • Enter a different category.
    • Enter a completely new idea or new business.
  • Applicants must be Irish residents eligible to own, manage and operate a business in Ireland at the time of application.
  • Applicants from overseas in particular Irish diaspora are encouraged to apply. Overseas applicants must identify which LEO they wish to be associate with and the applicant must be in a position to engage with the LEO in relation to evaluating their competition entry (e.g. site visit / skype interview). To receive an investment an overseas applicant must have relocated to Ireland and registered their business in Ireland, that business being the beneficiary of the investment.
  • Applicants must submit an online application and optional video by the closing date.
  • One project submission per applicant is allowed.
 

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