Student Entrepreneurs Set to Bank € 15,000 in final of Student Enterprise Awards
Monday, 16 May 2011
Six teams are keenly contesting the final of the NUI Galway Student Enterprise Awards in anticipation of securing an investment of € 15,000 into the winning project. The competition is the initiative of the NUI Galway Students’ Union, with the support of NUI Galway and has the goal of fostering a spirit of entrepreneurship amongst the students of the University.
The competition successfully attracted entrants from across all of the colleges and schools of the University, from which six ideas were chosen to progress to the final stage.
As part of the final assessment of their entries, students have received an investment of € 500 into their projects, and also have received the assistance of mentoring from the highly specialised team of mentors, which is comprised of a combination of members of the academic staff of the University and members of the local business community.
The finalists are required to prepare their final business plans for submission on Friday, 28 May ahead of the final presentation of their ideas to the judging panel on Wednesday, 8 June. The winners will be announced at the final awards ceremony dinner on Friday, 10 June in the Bailey Allen Hall, Áras na Mac Léinn.
NUI Galway Students’ Union President, Peter Mannion said: “We have been overwhelmed by the number and standard of entries to the NUI Galway Student Enterprise Awards. The entrants are testament to the exceptional initiative and creativity of students in social and business enterprise. They show that students are both able and willing to create the big ideas that will help fuel our recovery. The Students’ Union is delighted to be in a position to facilitate some of these ideas as they take their first steps. I have no doubt but that we are working with the leaders of the future.”