Menu
11/11/2010
Firms Win InterTradeIreland Competition
Two Northern firms have excelled in what is the largest business competition on the island of Ireland - Seedcorn 2010.
Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
The NI regional winner in the Best Emerging Company category has today been revealed as Portstewart-based instaGiv.
LamhRoe Ltd - which is based in the Northern Ireland Science Park - took home the Best High Growth Company title.
As regional finalists, both firms receive a prize of €20,000 and now proceed to the all-island finals to be held in Belfast on 24th November.
Established in April 2009, LamhRoe Ltd develops leading edge Microwave/mmWave sensors and communications sub systems for the space, security and medical markets.
In particular, its technology can be applied in the security sector where microwave/Radar fences are used as an important part of Perimeter Intrusion Detection.
The company has set it sights on international growth and intends to extend into Europe, Asia and the US with its product, which is more cost effective than competing products.
At the all-island final later this month, LamhRoe will compete against other regional winners from Munster, Connaught & Leinster and Dublin for the overall €100,000 prize in the Best High Growth Company category.
The other winner, instaGiv was founded in November 2009 by Michael Carlin who returned to Ireland three years ago after a 20-year financial services career in Belgium, France, Hong Kong, India and the US.
He spotted a gap in the market for his product instaGiv which uses mobile technologies and social media to help charities maximise the potential of fundraising and donor interaction. What makes instaGiv different is that they have leveraged the text message mechanism in a new way to give charities the tools to enable spontaneous fundraising donations without the need for cash or credit card as well as the infrastructure to build successful and sustained campaigns.
As a regional finalist, instaGiv could now go on to win €50,000 as the Best Emerging Company on the island.
Liam Nellis, Chief Executive of InterTradeIreland said: "We have been truly impressed by the calibre of the companies shortlisted for this year’s final.
"There is a wealth of innovative product and service development happening across the island of Ireland and we are delighted to be able to award these regional winners €20,000 each to assist in their enhancement and development.
"LamhRoe Ltd and instaGiv are worthy Northern Ireland winners making innovative advancements in their respective sectors."
(BMcC/GK)
Run by InterTradeIreland, the organisation that supports small and medium-sized businesses across Ireland for better North/South trade and business development, it offers a total prize fund of €280,000.
The NI regional winner in the Best Emerging Company category has today been revealed as Portstewart-based instaGiv.
LamhRoe Ltd - which is based in the Northern Ireland Science Park - took home the Best High Growth Company title.
As regional finalists, both firms receive a prize of €20,000 and now proceed to the all-island finals to be held in Belfast on 24th November.
Established in April 2009, LamhRoe Ltd develops leading edge Microwave/mmWave sensors and communications sub systems for the space, security and medical markets.
In particular, its technology can be applied in the security sector where microwave/Radar fences are used as an important part of Perimeter Intrusion Detection.
The company has set it sights on international growth and intends to extend into Europe, Asia and the US with its product, which is more cost effective than competing products.
At the all-island final later this month, LamhRoe will compete against other regional winners from Munster, Connaught & Leinster and Dublin for the overall €100,000 prize in the Best High Growth Company category.
The other winner, instaGiv was founded in November 2009 by Michael Carlin who returned to Ireland three years ago after a 20-year financial services career in Belgium, France, Hong Kong, India and the US.
He spotted a gap in the market for his product instaGiv which uses mobile technologies and social media to help charities maximise the potential of fundraising and donor interaction. What makes instaGiv different is that they have leveraged the text message mechanism in a new way to give charities the tools to enable spontaneous fundraising donations without the need for cash or credit card as well as the infrastructure to build successful and sustained campaigns.
As a regional finalist, instaGiv could now go on to win €50,000 as the Best Emerging Company on the island.
Liam Nellis, Chief Executive of InterTradeIreland said: "We have been truly impressed by the calibre of the companies shortlisted for this year’s final.
"There is a wealth of innovative product and service development happening across the island of Ireland and we are delighted to be able to award these regional winners €20,000 each to assist in their enhancement and development.
"LamhRoe Ltd and instaGiv are worthy Northern Ireland winners making innovative advancements in their respective sectors."
(BMcC/GK)
Related Irish News Stories
Click here for the latest headlines.
18 July 2019
New Regional Health Areas To Be Established In Major Restructuring
Six new regional health areas are to be established as part of a major restructuring of Ireland's health system, the Minister for Health Simon Harris has announced.
New Regional Health Areas To Be Established In Major Restructuring
Six new regional health areas are to be established as part of a major restructuring of Ireland's health system, the Minister for Health Simon Harris has announced.
13 June 2013
Protection Of Life During Pregnancy Bill Published
The Protection of Life during Pregnancy Bill has been published by the government following approval by the Cabinet. Several significant changes have been made to the outline of the Bill, which was published in April. The Minister for Health will be given the power to stop suspended an institution if deemed to be operating the Act inappropriately.
Protection Of Life During Pregnancy Bill Published
The Protection of Life during Pregnancy Bill has been published by the government following approval by the Cabinet. Several significant changes have been made to the outline of the Bill, which was published in April. The Minister for Health will be given the power to stop suspended an institution if deemed to be operating the Act inappropriately.
12 March 2024
How Much Gambling Takes Place in Ireland?
When we think of Ireland, we may think of many things ranging from lush green landscapes to Guinness and Irish dancing, but it may be surprising to learn that the country has a passion for gambling.
How Much Gambling Takes Place in Ireland?
When we think of Ireland, we may think of many things ranging from lush green landscapes to Guinness and Irish dancing, but it may be surprising to learn that the country has a passion for gambling.
24 January 2013
Unite To Challenge Waterford Crystal Trademark
Waterford Crystal glass should only be made in Waterford, a European legal campaign in hoping to establish.
Unite To Challenge Waterford Crystal Trademark
Waterford Crystal glass should only be made in Waterford, a European legal campaign in hoping to establish.
31 October 2007
Moneypoint Dispute Settled
The 200 Polish members of the TEEU working on the Moneypoint power station refit in Co. Clare today voted unanimously to accept the settlement terms of their dispute with ZRE. The Polish subcontractor which left them stranded with up to six weeks pay arrears has now gone into liquidation.
Moneypoint Dispute Settled
The 200 Polish members of the TEEU working on the Moneypoint power station refit in Co. Clare today voted unanimously to accept the settlement terms of their dispute with ZRE. The Polish subcontractor which left them stranded with up to six weeks pay arrears has now gone into liquidation.
-
Ireland WeatherThis Evening and Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
