Trinity Engineering Student Entrepreneurs of the Year Competition 2012
26 April 2012
Four third year Engineering students won first prize at the Trinity Engineering Student Entrepreneurs of the Year competition for their new business “Boundless”. Their product is an innovative binding which promises to revolutionise snowboarding. It will “entice the snowboard community and challenge them to change how they look at their board.”
Aoife Considine, Johnnie Chu, Luis Alberto Canizares, and Stephen Coyle presented their business plan at the competition held on Monday 2nd April 2012 in the Long Room Hub. Judges Brian Fallon of daft.ie, Simon Phelan of Better Capital, and one of the "Top 25 Young Entrepreneurs of the Future" in the UK, both Trinity Engineering graduates, and Patrick Lynch of Dublin City Enterprise Board selected “Boundless” from six excellent presentations. The finalists had been shortlisted from a total of thirty groups who submitted business plans.
The competition was sponsored by daft.ie, Trinity Business Alumni, Dublin City Enterprise Board, Ernst & Young, the School of Engineering, and the School of Computer Science and Statistics.
Two groups were awarded joint second prize.
One of these was the “MyFit” group (members Colm Gavin, Kate Gillen, Dylan Greene, and Hannah Larmon) who proposed a website which provides a “virtual dressing world where shopping and dressing is made easy and fun”.
The other group who won second prize was “Coffee Coders” who want to connect graduates and business in the highly competitive IT industry. The group members are Donal MacCarthy, Conor O’Leary, Steven Tyner, Gareth Miller, and Niall Heffernan.
A special prize from Ernst & Young was awarded by the judges to Aoife Considine and Gerard Claffey for displaying outstanding individual entrepreneurial potential and talent.
This competition displayed some of the achievements of third year Engineering students produced during a twelve week module in which they learnt about entrepreneurship and got to put business ideas into practice. Throughout the twelve weeks, they worked in groups to develop their own business ideas. They were guided by experienced professionals.
From Joanna Gardiner, managing director of Ovelle Pharmaceuticals, and finalist in the Ernst and Young Entrepreneur of the Year competition, the students learnt about the importance of branding and brand equity.
From Frank Ward, former president of Trinity Business Alumni, and judge in this competition until this year when he crossed the line and became a lecturer on the course, the students came to appreciate the importance of sound financial models and plans, and also the importance of protecting their clever and innovative ideas.
The course was coordinated by Dr. Niamh Harty of Civil, Structural and Environmental Engineering. Several guest speakers shared their entrepreneurial experiences with the class during the semester.
We would like to congratulate our winners, and to thank all who participated. The standard of all entries was very high and all of the finalists were very impressive. We are very grateful to our sponsors for their continued support.