Business Technology

Sunday 25 February 2018

Does your start-up need €25k? ESB and Web Summit begin search for Ireland’s best start-up

The ESB Spark of Genius Award will see one Start-Up win €25k, free exhibition space at Web Summit and mentoring from ESB innovation and strategy experts
The ESB Spark of Genius Award will see one Start-Up win €25k, free exhibition space at Web Summit and mentoring from ESB innovation and strategy experts
Ellie Donnelly

Ellie Donnelly

Entries are now open for the 2017 Spark of Genius Award, which recognises Ireland’s most high potential start-up company.

The award, which will be presented in November at the Web Summit in Lisbon, will see one Irish company win €25,000 and the opportunity to exhibit at Web Summit, along with mentoring support from ESB executives.

Now in its seventh year, the award is open to high potential technology start-ups who have been in operation for less than three years and have received under €1m in funding.

Read more: Web Summit announces 'return' of finance off-shoot to Ireland

Entrants will be judged on the uniqueness of their idea, their level of development to date, and their potential for future growth.

"We collaborate with cutting edge companies and are involved in start-up accelerator programmes, as well as hackathons, to drive innovation and support Ireland's start-up community in the development of future energy solutions," Paul Mulvaney, director of innovation at ESB, said.

Commenting on the launch of the 2017 Spark of Genius Award, Paddy Griffith, head of start-ups at Web Summit said that the standard of applicants over the last number of years has been "extremely high, and this year will be no different."

The closing date for entries for the award is Sunday 10 September 2017.

A shortlist of five will pitch live on RTE 2FM’s Eoghan McDermott Show and three winners will travel to Lisbon for the live pitch at Web Summit.

More than 60,000 people from over 170 countries will attend Web Summit this year in Lisbon. Keynote speakers include Dara Khosrowshahi, CEO of Expedia and Brian Krzanich, CEO of Intel.

The Web Summit currently has a three-year deal with Portuguese authorities to host the event in Lisbon. The deal is extendable to five years.

Earlier this year it confirmed that it is to bring one of its Web Summit conferences, Moneyconf, back to Ireland.

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