Endeavour Programme Reveals Final 15 Entrepreneurs
Successful Applicants to embark on the ultimate fast-track experience
The Endeavour Programme for entrepreneurs, which last month attracted over 500 applications from up-and-coming business people, today announced a final list of 15 successful participants whose business concepts were chosen following a rigorous selection process. Each Endeavouree will now embark on a seven month intensive fast-track programme, designed to bring their business ideas to life.
Created by the Institute of Technology, Tralee, Shannon Developmentâ¿¿s Kerry Technology Park and entrepreneur Jerry Kennelly, the programme aim is to find, nurture and launch Irelandâ¿¿s next generation of entrepreneurs by April 2010. The 15 successful candidates represent a broad cross section of counties and business interests from online betting and renewable energy to medical devices and animation (see below for details of individual participants ).
Commenting on the announcement, Dick Spring, FEXCO Director and Endeavour Programme contributor, said â¿¿These 15 individuals have proven themselves through every step of the selection process and I am confident that they have the talent to take their fledgling businesses all the way from concept to globally scalable enterprises.â¿
From November, the 15 participants will each be matched to a mentor who has created, launched and led a internationally successful business. Each mentor will spend six half-day sessions examining and challenging the business model as well as providing advice and contacts to help develop businesses that can ultimately trade on an international scale.
Mentors include Chairman of the Choice Hotels Group, Frankie Whelehan, Chief Executive of DAFT, Eamonn Fallon, Founder of Worldspreads Group PLC, Conor Foley and Executive Chairman of Jacob Fruitfield Group, Michael Carey.
In addition, participants will go through an extensive workshop programme of one-to-one consultations with leading business entrepreneurs such as former Tánaiste and FEXCO Executive Vice Chairman, Dick Spring, CEO of Kerry Group, Stan McCarthy, founder and former CEO of Stockbyte, Jerry Kennelly and Chairman of Aer Arann, Padraig Oâ¿¿Ceidigh.
Dr. Jerry Clifford, Head of Development at the Institute of Technology, Tralee, explains, â¿¿The participants will be thoroughly briefed on the fundamentals of creating and sustaining a successful business by Irelandâ¿¿s top business people, as well as having access to all the research and development facilities of IT, Tralee and Kerry Technology Park.â¿
The programme culminates in an international funding showcase at the end of April 2010 where the 15 candidates will get the opportunity to present to potential investors. Eligible candidates will also receive support and salary subvention from Enterprise Ireland.