ESB Electric Ireland & Dublin Web Summit offer €40k Prize Fund for Irish Tech Startups

Focusing on the country’s most high potential tech startups, DWS and ESB Electric Ireland are set to offer Ireland’s hottest startup a support package valued at over €40k in cash and services.

"We’re delighted that ESB Electric Ireland has come on board to offer support to Irish tech startups, particularly those in their infancy” said Paddy Cosgrave, Dublin Web Summit founder.  “We need to reward entrepreneurship in this country and ESB Electric Ireland’s support of the Spark competition will give Irish startups a serious leg-up.”

Ken McKervey, Commercial Manager, ESB Electric Ireland commenting on the sponsorship said,  “At ESB Electric Ireland we are committed to embracing innovation and new technology to offer value and choice to our customers. We are delighted to be able to sponsor this inspiring initiative at a time when the technology sector can play a leading role in our economic recovery”.

The competition, now in its third incarnation, has already succeeded in mentoring and aiding many noteworthy startups. Last years winners, Data Hug – who were described by tech industry bible TechCrunch as “linked in on steroids” have succeeded in gaining an international profile and are now firmly placed to receive investment due to the competition. Data Hug co-founder, Connor Murphy said: “winning the Spark of Genius Award changed everything for DataHug.

“The award gave us a dream platform to introduce DataHug to a global audience of potential customers, media and technology investors. Within a few weeks we had hundreds of registered companies, coverage on TechCrunch, and several meetings with leading international venture capital firms.

“We cannot thank the organizers, judges and sponsors enough,” he added.

This years judges include Brian Caulfield of internationally renowned venture capital Firm DFJ Esprit, Shay Garvey of Delta Partners and Mark Roden of EzetopThe judges will put the startups through their paces. The process will feature a day of mentoring for shortlisted companies before pitching at the final front of the Dublin Web Summit audience on October 27th.

Applications for the ESB Electric Ireland Spark of Genius competition will open from June 10th. 

 ENDS

About Dublin Web Summit:

The Dublin Web Summit brings some of the world’s leading tech entrepreneurs, investors, media and business leaders to Ireland to speak to the Irish start up and business communities. The Summit is a learning and networking event that attracts an average of 700 attendees at each event. 

2010 was our inaugural year. During that year, the founders of Youtube, Twitter and Skype were amongst over 100 speakers drawn from around the world, and includes some incredible Irish entrepreneurs and investors.

Over 2,500 people attended our Summits in 2010, which have been covered by leading international media including Bloomberg, The New York Times, CNBC, The Telegraph, The Irish Times, RTE and many more.  

ESB Electric Ireland Spark of Genius Judges :

Paddy Cosgrave – Organiser – Dublin Web Summit

Annette Ní Dhathlaoi – Marketing Manager – ESB Electric Ireland

Brian Caulfield – Partner – DFJ Esprit

Danny More – Principal – Longshore Investments

Mark Roden – Founder – Ezetop

John Flynn – MD – ACT Venture Capital

Shay Garvey – General Partner – Dalta Partners

Colm Rafferty – Partner – Maples and Calder

Anna Scally – Partner – KPMG