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Search is on for Galway’s Best Young Entrepreneur

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Breda Fox...competition.

A new competition to find Galway’s Best Young Entrepreneur with investment of up to €50,000 available for winners is being launched by the Local Enterprise Office Galway. Winners from Galway will proceed to regional and national finals with the aim of finding Ireland’s Best Young Entrepreneur

Breda Fox, Head of Enterprise at the Local Enterprise Office Galway said: “In Galway the competition to find Galway’s Best Young Entrepreneur will be run by the new Local Enterprise Office. Winners will be named in three categories – best new idea, best start-up, best new venture for established business – as well as an overall winner who will be Galway’s Best Young Entrepreneur. The competition is open to everyone under 30 with an idea or commercial venture for a start up or existing business.

Mentoring, marketing and other supports will also be available to participating businesses at various stages of the competition.

The competition for individuals aged 30 and under and will be judged under three distinct categories – Best New Idea; Best Start-Up Business, and Best Established Business with New Add-On.

The first stage will be a Galway competition leading to the naming of the Best Young Entrepreneur for Galway. This stage will include boot camps and mentoring programmes.

This will be followed by regional finals and ultimately national finals with one business-person being crowned Ireland’s Best Young Entrepreneur before the end of the year.

“We have an excellent history of prize winning Galway start ups including Element Software, Dia Nia Technologies; Solaris Tea and Pocket Anatomy. We have a strong history of supporting young and emerging business here in Galway and this further strengthens our approach and support for new and emerging entrepreneurs,” said Ms Fox.

For more information or to get an application form contact the Local Enterprise Office Galway on 091 565 269 or you can apply online: www.iybe.ie

Connacht Tribune

Galway start-up’s €3m investment

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Investment...Orreco CEO Dr. Brian Moore.

Galway-headquartered sports performance and data science company Orreco will scale its operations in Ireland, the United States and UK following a €3 million investment round led by Silicon Valley-based venture firm True Ventures.

The new investment will enable the Galway company to expand its product, engineering, data science and commercial teams, in addition to accelerating the development of its elite performance solutions, @thlete and FitrWoman.

Up to 30 new hires will be made across the company’s offices in Ireland, the UK, and the U.S., specifically Galway and Los Angeles where Orreco operates a performance centre. The company currently employs 30 people.

Its performance centres provide sports science and data solutions for professional sports teams and athletes including the US basketball NBA sides the Dallas Mavericks and Atlanta Hawks, NBA Champion and All-Star Pascal Siakam, English Premier League side Newcastle United and WSL club Chelsea FC Women, USA Swimming, and the Wasserman Sports Agency (Los Angeles).

Top golfers Padraig Harrington and Graeme McDowell became investors after experiencing the benefits of Orreco’s services first-hand.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

State aiming to make remote work a reality

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Minister Hildegarde Naughton

Galway is expected to benefit from ‘significant investment’ in the development of remote working hubs later this year – as part of the Government’s new National Remote Working Strategy.

Legislation will be introduced by the end of September entitling employees to request remote working arrangements. And while there will be no automatic entitlement, employers will be required to explain why such arrangements are impossible.

If an employee is unhappy with the explanation, they can take a case to the Workplace Relations Commission for adjudication on the matter.

A total of €5 million has been allocated under Budget 2021 for the development of a national hubs network, while the Western Development Commission (WDC) is currently working on the development of 100 hubs in the Atlantic Economic Corridor region, which includes Galway.

Minister Hildegarde Naughton said that the strategy had the potential to transform local economies and the quality of life of thousands of employees in the west.

“The Covid-19 pandemic accelerated exponentially the move towards remote working, and we have responded to that trend by investing in broadband infrastructure and hubs in recent months,” explained the Galway West TD.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Three of Galway’s shining success stories reveal plans to expand in 2021

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Senator Aisling Dolan....good news.

Three of Galway’s start-up success stories have all gone into the New Year with expansion plans – creating around ten high-end jobs each in the process.

The continued expansion of these Enterprise Ireland-supported companies – based in the med-tech and new technology sectors – are a ringing endorsement of enterprise in the west, according to Galway Senator Aisling Dolan.

Palliare, a medical device company founded in 2018 as a spinout from Irish gastro-diagnostic company Crospon, has hired ten new employees in recent months.

Flexwork company, Ronspot intends to have a total of ten new employees on board by spring 2021, and has hired five people since September.

Ronspot – based in the GMIT Innovation Hub – is a technology company which enables the flexible workplace between office and home.

And Venari Medical – a spin-out from the BioInnovate Ireland fellowship programme for medical device innovation at NUIG – filled three new positions in October, with plans to recruit up to ten new employees in the coming months.

Senator Dolan described the jobs as a vote of confidence in graduates in the west.

“It shows that the dynamic MedTech research in the west has a strong ecosystem with third level underpinned by Enterprise Ireland and the seed capital investment support from the Western Development Commission,” she said.

“It is wonderful to see Irish innovation rising to the top, competing internationally and winning global export markets. Enterprise Ireland champions Irish based innovative companies and crucially supports early-stage development,” she added.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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