The search for best young entrepreneur
Young entrepreneurs of Wexford are being offered the chance to develop their skills with a series of Business Bootcamps this September.
As part of Ireland's Best Young Entrepreneur competition, Local Enterprise Office Wexford will choose up to 20 young entrepreneurs in the region to take part in the bootcamps, where they can develop a new business plan or expand on an existing business.
'The bootcamps will be held over two days and will provide excellent opportunity for business ideas to take the next step from concept stage to reality,' said Deirdre McGing, Enterprise Officer at the Wexford Local Enterprise Office. 'We will have guest speakers over the two days as well as an experienced trainer guiding the candidates through the process. Many areas will be covered such as finance, media, business strategy, social media, and SWOT analysis.'
Applications for the bootcamps are open to anyone aged between 18 and 30 years of age.
'We want to see innovative and creative ideas,' said Deirdre. 'Our application also allows for candidates to show what they're all about by adding a video.'
Following these bootcamps, the applicants can progress to the county final stage of Ireland's Best Young Entrepreneur Competition. Three local winners will share in a €50,000 investment prize-fund for Wexford, broken down under 'Best New Idea', 'Best Start Up Business' and 'Best Established Business'.
'Those taking part in the bootcamps will also be invited to attend two individual mentoring sessions in September where they can focus on their business pitch gearing towards the interview stage of the county competition,' said Deirdre.
A national final will take place in December to announce Ireland's 'Best Young Entrepreneur' for 2015.
According to Deirdre, this is an excellent opportunity for young people of Wexford.
'As a county with high youth unemployment we see this as a great incentive for young people to turn their business ideas into a reality,' she said. 'Even though there can only be three winners of the €50,000 prize fund, the mentoring that will be given to the bootcamp finalists is invaluable.'
The competition is not only open to Irish residents. The Local Enterprise Office would like to encourage anyone living abroad and thinking about setting up a business in Ireland to consider applying to Ireland's Best Young Entrepreneur.