SymPhysis Medical win 'Best New Idea' in Ireland’s Best Young Entrepreneur (IBYE) competition
The IBYE competition, now in its fifth year, is a nationwide youth enterprise initiative to support 18-to-35 year olds with an innovative business idea, new start-up or established business. In 2019, 1,644 young entrepreneurs entered IBYE, which is an initiative of the Department of Business, Enterprise and Innovation and supported by Enterprise Ireland and local authorities.
Michelle Tierney of SymPhysis Medical won the ‘Best New Idea’ category in the Clare competition, winning a €7,000 investment fund. SymPhysis Medical is an innovative medical device for treating cancer patients suffering from fluid build-up around the lung and aims to improve patients’ quality of life and reduce healthcare costs.
In the lead-up to the county final, each finalist received targeted business supports through Local Enterprise Office Clare. They attended an intensive Business Boot Camp, receiving mentoring and support on their business plans, and pitch training.