County nominees battle it out for €100k investment fund

ExOrdo staff with Paul Killoran (centre), who was named as Galway's Best Young Entrepreneur at the IBYE 2016 Awards, organised by Local Enterprise Office Galway at the Portershed.
ExOrdo staff with Paul Killoran (centre), who was named as Galway's Best Young Entrepreneur at the IBYE 2016 Awards, organised by Local Enterprise Office Galway at the Portershed.

The 33 year old founder and CEO of a Galway company that specializes in web and mobile applications for the research publishing industry has been chosen as the Galway winner of Ireland’s Best Young Entrepreneur competition.

Paul Killoran joined five other county category winners in the Ireland’s Best Young Entrepreneur competition, which took place in the Portershed, Galway City Innovation District recently.

The IBYE competition, now in its third year, has a €2 million investment fund and is run in each of 31 Local Enterprise Offices (LEOs).

It is supported by the Department of Jobs, Enterprise and Innovation and Enterprise Ireland.

Galway’s Best Young Entrepreneur Paul Killoran also won the category for Best Established Business and an investment fund from LEO Galway worth €15,000.

Ex Ordo is a leading developer of web and mobile applications for the research publishing industry.

Their award-winning Abstract Management tool has been used by research conferences all over the world since 2008.

They work with universities, research institutes, member associations, professional bodies and event management companies.

The other main category winners on the day were Moshe Zilversmit, aged 33, of Signum Surgical in the Best Business Idea category who was awarded a prize of €7,000 and Dermot Clancy, aged 35, of OneTouch Telecare who was awarded a prize of €15,000.

The county winners will now proceed to eight regional finals in January from which 24 contenders (three from each region – one in each category) will be selected to compete for the national title of Ireland’s Best Young Entrepreneur.

A further €100,000 investment fund will be available to invest in the winners of the three categories at the national final, one of which will also be named as “Ireland’s Best Young Entrepreneur.

For more, read this week’s Connacht Tribune.