All-Island Seedcorn Investor Readiness Competition 2022

News article

Apply for a chance to win your share of the €300,000 Seedcorn cash prize fund for start-ups and early-stage businesses

InterTradeIreland's Seedcorn Investor Readiness Competition 2022 is now open for entries. For start-ups and early-stage businesses, the competition is the perfect chance to get ‘investor ready’.

The Seedcorn contest mirrors the real-life investment process. Participants, who are in with a chance to win a share of a €300,000 cash prize fund, can secure expert feedback on their business plans and pitches, improve their investor readiness and gain exposure to investors, all while boosting their firm’s profile.

Who can enter

The competition is aimed at independent ventures incorporated on the island of Ireland (Ireland or Northern Ireland) in the seed, start-up or early stages of business development and ideally targeting international markets.

The competition is for individuals or venture teams, who have created, manage and own such ventures.

The promoters / founder entrepreneurs are to have played a major role in conceiving the venture, continuing to have key management roles and to own significant equity.

Ventures which have already raised external equity in excess of €1 million (or sterling equivalent) are not eligible.

Categories

New start company

For companies under five years old at 27 May 2022 and who are seeking to raise new equity of between €50,000 and €299,999 or Sterling equivalent.

Early-stage company

For companies under five years old at 27 May 2022 and who are seeking to raise in excess of €300,000 or Sterling equivalent.

Prizes

There are ten cash prizes up for grabs and entrepreneurs compete against each other regionally before competing for the all-island Best New Start and Best Early Stage Company titles.

Every business idea / plan submitted is reviewed by investment experts and you are given individual feedback on request. Shortlisted companies also get a unique opportunity to pitch to investors and business leaders.

  • €100,000: Overall winner
  • €50,000: Best Category Winner
  • 6 x €20,000: Regional Winners
  • €10,000: Special Award Winner for the best venture stemming from a university spin-out or support programme
  • €20,000: Low Carbon / Green award

How to apply

Find out more about the All-Island Seedcorn Investor Readiness Competition 2022 and how to apply.

Applications will close on Friday 27 May 2022.

Information events

InterTradeIreland will be running a series of online and in-person information events about the Seedcorn competition - find out more and register to attend.


First published 13 April 2022