Enterprise Ireland Student Enterprise Competition celebrates its 30th year

Time for students to 'Think Outside the Box'
 

Prize fund of €30,000 cash and €30,000 consultancy for enterprising students

Pictured are (L-R): Jerry Moloney, Enterprise Ireland Regional Director for the South Region, Sean F O’Leary, Senior Lecturer in Mechanical Engineering CIT & CIT Students at the Cork launch of the Enterprise Ireland Think Outside the Box Awards, third level student enterprise competitionMonday 21 November 2011:  This week Enterprise Ireland has launched a major drive to spur entrepreneurial students to develop innovative business proposals as part of the 30th ‘Think outside the Box Awards’ competition.  This is a great opportunity for ambitious and enterprising students to build a real-world business venture and at the same time be in with a chance to win a prize from the overall €30,000 cash prize fund, and €30,000 consultancy fund, which includes a €10,000 first prize.


Pictured are (L-R): Jerry Moloney, Enterprise Ireland Regional Director for the South Region, Sean F O’Leary, Senior Lecturer in Mechanical Engineering CIT & CIT Students at the Cork launch of the Enterprise Ireland Think Outside the Box Awards, third level student enterprise competition.

The ‘Think outside the Box’ competition, which is co-sponsored by Invest Northern Ireland, Cruickshank Intellectual Property Attorneys, Mammoth Advertising and now Grant Thornton, is open to all full time third level students in the island of Ireland.  The priority is to get students thinking now about starting their own business as a viable career option once they graduate.  The competition was launched in colleges and institutions across the country including IT Sligo, DKIT, DCU, Waterford IT, CIT, UL, NUI Galway and Athlone IT.  

This year celebrates the 30th year of the Think Outside the Box Awards and the prize fund is bigger than ever with €30,000 in cash prizes and €30,000 in consultancy available for winners in the competition who are serious about starting their own business.  The awards are in existence to encourage students to consider this as a career option. 

Launching the competition, Tom Hayes, Enterprise Ireland’s Head of Entrepreneurship, said: ‘Building on last year, the campaign launching the competition features a host of approaches to reach the students and make sure they get every encouragement and support to develop viable business plans.  We encourage them to team up with their colleagues and friends from other faculties to think outside the box, innovate and collaborate on coming up with business proposals that will help them explore their ideas and own appetite for going into business for themselves’. 

Kevin Foley, Director of Grant Thornton, said:  ‘Grant Thornton are delighted to be a sponsor of this year's ‘Think Outside the Box Awards’. This competition is an excellent opportunity for students with an entrepreneurial flair to showcase their ideas and to convert them into business plans and hopefully commercially viable businesses for the future’.

Features of the competition include a website, facebook page and pod casts – reaching out to students in the world that they know best.  Students will be able to come together and pool their ideas and energies.  The facebook page features a team up icon, so they can link with other students from their college interested in entering the competition.  They can use facebook to talk to other students who have participated in previous student enterprise programmes and get their advice.

Regional Executives from Enterprise Ireland will be presenting the details of the competition to all colleges and institutions between now and the closing date for the competition which is Wednesday 25th April 2012.  The closing ceremony will be hosted in DCU on the 13th & 14th of June 2012, as last year’s winning team are students from DCU. 

For more information visit the website on www.thinkoutsidetheboxawards.com

ENDS

For more information contact:

Eileen Banks
Enterprise Ireland,
Press Officer

Eileen Banks
 01 7272805
087 2445814