Seedcorn Investor Readiness Competition

Objectives

• To assist start-up companies in raising new equity;
• To enhance awareness of the various sources of private equity or venture investment finance;
• To stimulate activity/development of investor ready projects;
• To create a flow of quality business proposals/deal flow;
• To accelerate the development of winning projects; and
• To create new venture role models.

Funding Information

• A total cash prize fund of EUR €800,000; which will be split as follows:
  • Overall Winner: €130,000
    • Overall winner being €50k as regional winner + €50k as category winner + €30k as overall winner
  • Best B2B, B2C or Deep Tech Company: €200,000
    • Two awards (€100,000 each) being €50k as regional winner + €50k as category winner
  • Regional Winners: €450,000
    • Nine awards (€50,000 each)
  • Impact Award: €20,000
    • Best non-final winning company who will have the best measurable returns.

Eligibility Criteria

• The competition is aimed at independent ventures incorporated on the island of Ireland (Ireland or Northern Ireland) in the seed, start up or early stages of business development and ideally targeting international markets.
• The competition is for individuals or venture teams, who have created, manage and own such ventures.
• The promoters/founder entrepreneurs are to have played a major role in conceiving the venture, continuing to have key management roles and to own significant equity.

Ineligibility Criteria

• Ventures which have already raised external equity in excess of €1m (or sterling equivalent) are not eligible.

For more information, visit InterTradeIreland.