A TEAM from Dundalk Institute of Technology (DkIT) was one of four finalist teams in the Newstalk 106-108 fm Student Enterprise Competition national final.
The team, consisting of Niall McCabe, Desmond Eiffe, Timothy Fleming, Hassan Raji, fought their way to the final four from an initial 325 team entries in the preliminary stages of the competition.
However, a team from DIT were victorious in what proved to be an exciting and close final at Tipperary Institute on Monday, February 7.
Speaking about the competition, Mr Denis O’Brien, Competition Chairperson, said: “I would like congratulate all finalist teams on their fantastic achievement.
“Recognising and rewarding emerging business talent is vital and these students have demonstrated what this competition is all about – understanding business management and promoting early-stage entrepreneurship.
“We have seen some exceptional talent emerge from this year’s competition and I would like to thank all participants for their contribution this year.
“I would also like to acknowledge the outstanding commitment shown by the team coaches in each college, not only this year, but since the competition began in 2006.”
The four finalist teams from IT Tralee, Tipperary Institute, DIT and DkIT, were given a case study based on a real-life business scenario for which they had three hours to devise a detailed solution.
Each team was then given 30 minutes to present their business plan to a panel of judges consisting of Newstalk 106-108 fm CEO Frank Cronin, and Insomnia CEO Bobby Kerr and Presenter of Newstalk’s ‘Down to Business.
David Bunworth, Owner of David Bunworth & Associates, and Niall Mellon Township Trust Founder Niall Mellon also judged the competition.