Buttevant entrepreneurs scoop IBYE awards
A pair of Buttevant-based entrepreneurs have been recognised for their commitment and determination in growing their respective businesses at a competition aimed at unearthing Ireland's most enterprising young 'movers and shakers'.
David Moore of Viska Systems and Michael O'Flynn of Horsepay picked up awards in the Cork leg of the Ireland's Best Young Entrepreneur (IBYE) competition.
The campaign, hosted jointly by the three Cork Local Enterprise (LEO) offices (Cork City; South Cork; and Cork North and West), was open to individuals aged between 18 and 35 and attracted almost 200 entrants from across the county.
Last month the 45 finalists attended an intensive 'boot camp', which focussed on their businesses and preparing them to deliver their 'perfect pitch' to competition judges ahead of the awards ceremony at the Republic of Work in Cork city.
Awards were handed out across the three Cork LEOs in three separate categories: 'Best New Idea', 'Best Start Up Business' and 'Best Established Business (for businesses trading for more than 18 months).
The 'Best Established Business' award for the Cork North and West LEO went to David Moore, whose company Viska Systems are advanced automation specialists in the areas of machine vision robotics and LABview development.
"We design and build high-accuracy manufacturing and measurement automation systems for the medical device, electronics, semi-conductor, and research industries," David told The Corkman.
"Our 'secret sauce' is our specialist knowledge in designing equipment operating with accuracies to one-thousandth of a millimetre.
"We work on a partnership basis with our customers and aim to become the 'go-to' specialists for their most demanding automation requirements.
"We pride ourselves on our ability to apply our scientific-level expertise combined with our experience in the industrial field to add value to our clients' projects," he added.
In addition to picking up an investment of €15,000, he also won the Cork North and West LEO 'Best Young Entrepreneur' award and will go forward to the IBYE regional final at the Corrin Marts Complex in Fermoy next month.
Michael O'Flynn was the runner-up in the Cork North and West LEO 'Best New Idea' category and a €3,000 prize with his online trading platform for buying and selling horses.
"Our in-depth market research showed us that the majority of people who have bought equines have been misled by the seller," he said.
"HorsePay completely solves this problem by holding the buyers money in escrow until a trial period has elapsed, provided the buyer has made no complaints.
"Sellers need HorsePay to create credibility and get a higher price for their horses. Buyers need HorsePay to ensure they don't get scammed," he added.
Kevin Curran, head of enterprise with the Cork North and West LEO, said the stiff competition demonstrated that local "youth entrepreneurship was thriving".
"IBYE is about discovering local potential and nurturing that talent through financial supports, mentoring, training and networking opportunities," he added.