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Congratulations to Vincent Forde, CIT, the winner of the 2016 Enterprise Ireland Student Entrepreneur Award

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Pictured above: Myles Murray, CEO, PMD Solutions, Vincent Forde, 2016 Winner and Richard Murphy, Enterprise Ireland.

Vincent Forde, CIT, wins top prize

This year celebrates the 35th year of these prestigious awards which are co-sponsored by Cruickshank Intellectual Property Attorneys, Intel and Grant Thornton and are open to all third level colleges across Ireland. The substantial prize fund includes €35,000 in cash prizes and €30,000 in consultancy fees which are available for winners to help them turn their idea into a commercial reality. In addition to winning the top prize, the winning team receives mentoring from Enterprise Ireland to develop the commercial viability of their overall concept.

Niall O Donnellan, Head of Micro Enterprises and Small Business at Enterprise Ireland said:
“Now in its 35th year, the Student Entrepreneur Awards attracted submissions from over 500 third level students from colleges across Ireland. This competition gives students valuable hands-on experience in entrepreneurship and establishing a business. The caliber of applications clearly demonstrates that the entrepreneurial spirit is very much alive across Ireland’s universities and colleges. Congratulations to all involved.”

The awards were presented by Myles Murray, CEO, PMD Solutions, a previous finalist for the Student Entrepreneur Awards and Enterprise Ireland High Potential Start Up company. Since Myles graduated 4 years ago, his company has gone from strength to strength employing 22 staff and he recently received Horizon 2020 funding worth €4.2 million. He is currently collaborating with some of the largest research hospitals across Europe, the U.S and Asia, and his RespiraSense product has also just launched in Australia.

Congratulating the award winners Myles Murray, CEO, PMD Solutions, commented:
“Events such as the Student Entrepreneur Awards gives young entrepreneurs a viable pathway for realising their world changing ideas and visions. For myself and many more like me, this vehicle has enabled the nurturing of over 22 start-ups, 4 of which have attained the title of a High Potential Start-up (10 new employees and €1,000,000 in export revenue within 3 years). That is the real potential of young entrepreneurs and the power of the Student Entrepreneur Awards.”

College Entrepreneur of the Year Award 2016 winner
Gasgon Medical, CIT – Vincent Forde
Vincent Forde, a student from CIT, won the Enterprise Ireland Student Entrepreneur of the Year Award and been named ‘College Entrepreneur of the Year 2016’. The winning entrant beat off stiff competition with his project ‘Gasgon Medical’, which aims to deliver unique and innovative medical devices to improve patient safety and support medical professionals during common procedures. The company was founded when doctors from Cork University Hospital highlighted the valuable staff time that was being wasted while setting up and monitoring IV procedures.

Gasgon Medical aims to deliver unique and innovative medical devices to improve patient safety and support medical professionals during common procedures. The company was founded when doctors from Cork University Hospital highlighted the valuable staff time that was being wasted while setting up and monitoring IV procedures. Medical staff have reacted positively to the proposed solution, with initial investigations into the business potential uncovering a wider global opportunity. The project has already seen significant success having won both Accenture’s ‘Leaders of Tomorrow’ and CIT’s ‘Prize for Innovation’ this year.