The 2016 IBYE competition will be open to people aged between 18-35 across 3 categories:
- Best Idea (not yet trading)
- Best Start Up (trading for 24 months or less)
- 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 2015 Winners will be entitled to enter the IBYE 2016 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.