A young Roscommon entrepreneur has won a place at the national final of the prestigious ‘Ireland’s Best Young Entrepreneur’ competition (IBYE), for a chance to share a €100,000 investment fund. Mr. Oz Ibrahmi from Hex CNC Ltd., based in Knockvicar, is representing the West Region in the Best Established Business category at the national final in Dublin this December and has already won €20,000 in investment from Local Enterprise Office Roscommon.
Ireland’s Best Young Entrepreneur (IBYE) competition is an integral part of the Action Plan for Jobs and is supported by the Department of Jobs, Enterprise and Innovation through the 31 Local Enterprise Offices around the country. At the IBYE Regional Final, three local business owners and new start-ups from Roscommon, all under the age of 30, went head-to-head with other county winners from Mayo and Galway.
The nominees were all interviewed by a three member judging panel and had to deliver a business pitch, live. Assessed on criteria such as business innovation, job creation potential and financial planning, the announcement of the national finalists was made at a reception in Claremorris, with special guest, Minister for State, Michael Ring TD. Leas-Cathaoirleach, Cllr Paschal Fitzmaurice, represented Roscommon County Council.
The three young entrepreneurs representing the county at the Regional Final were: Best Established Business – Oz Ibrahmi, Hex CNC. Best New Idea – Enda Mahon, Mahon Pipe Solutions. Best Startup – Mark Bannon, VT Networks.