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THE DEADLINE FOR a competition that offers fledgling companies a €25,000 in cash and a host of services has been extended.
The ESB Spark of Genius fund is aimed at high potential tech start-ups and will be awarded at this years Dublin Web Summit.
The competition is open to any Irish start-up which has been in operation for less than three years and has received under €1 million in funding to date.
Entrants will be judged on the uniqueness of their idea, their level of development thus far, and their potential for future growth, say organisers.
Two rounds of pitching will take place during the Dublin Web Summit with the grand final playing out on the Main Stage in front of an audience of thousands of leading international start-ups and technology investors.
Previous winners have included Datahug, who have raised €6million from Salesforce, DFJ and others since winning the coveted prize in 2010, and Smartthings who have raised €3million since their win in 2012.
The last call for entries for the 2013 ESB Spark of Genius Award is 6.00pm on Wednesday, 2 October.
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The competition is open to any startup less than 3 years in operation with up to 1 million in funding already received . ( as if €25 000. , is going to make that much of a difference to them , compared to a new start up starved of funding and cash to get going …)
Under €1million in funding. U could have received nothing and still win it. Quit spamming the article and talking bollocks
Previous winners have secured millions in funding . Then perhaps this prize should go to individuals or companies trying to get started with a good idea . the money and pr would mean so much more ….
That not what it is and they secured their funding like all VC after developing their idea
They secured millions AFTER winning the prize.
It points out that (a) the competition chooses companies that indeed have lots of potential and (b) winning the prize is good publicity and is a great recommendation for potential investors.
Try using your brain before criticising
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