For start-ups and early-stage businesses, the Seedcorn Investor Readiness 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.
For companies under five years old at 28th April 2023 and who are seeking to raise new equity of between €50,000 and €499,999 or Sterling equivalent.
For companies under five years old at 28th April 2023 and who are seeking to raise in excess of €500,000 or Sterling equivalent.
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 our 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
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 €1m (or sterling equivalent) are not eligible.
The judges are looking for the same elements as a potential investor including: