Harry Dunne at IT Carlow among ten finalists in Student Entrepreneur Awards

Well done!

Darren Hassett

Reporter:

Darren Hassett

Email:

news@carlowlive.ie

Carlow Carlow Carlow

IT Carlow

Harry Dunne at IT Carlow is among ten finalists in Enterprise Ireland's third-level Student Entrepreneur Awards.

Enterprise Ireland has selected 10 finalists with an innovative business idea, technology or solution to compete for this year’s 39th Student Entrepreneur Awards, which are co-sponsored by Cruickshank, Grant Thornton and the Local Enterprise Offices.

The finalists from third level institutions nationwide, will compete for several awards such as the Cruickshank High Achieving Merit Award, the Grant Thornton Emerging Business Award and the Local Enterprise Office ICT Award.

The overall winner will share in a €35,000 prize fund as well as receive mentoring from Enterprise Ireland to develop the commercial viability of their concept.

The winners will also share in a €30,000 consultancy fund that will enable them to turn their ideas into a commercial reality.

This year’s winners will be announced during a live virtual event on Friday, June 12 next.

PROFILE: bitherit – Harry Dunne – IT Carlow

Digital Inheritance refers to the transfer of assets which exist on electronic systems. These assets, making up the owner’s digital estate, can include passwords, usernames, online accounts, contracts, and more.

The transfer of a digital estate should occur when there is a prolonged, or permanent absence of the original data owner.

Complications arise in digital inheritance because of two conflicting issues –

The information being bestowed is confidential in nature and needs to be stored securely
The date at which the information should be transferred is unknown.
In most cases, increasing security of stored data will decrease future data accessibility for beneficiaries, while increasing the future accessibility harms the immediate security of the data.

bitherit addresses the problems present in digital inheritance by providing a decentralised solution to the storage and transfer of digital assets.

The solution provided has been designed to give users full autonomy of their data while protecting it against both digital and physical attacks. Using bitherit, an individual can create a highly secure digital inheritance solution within minutes. 

Richard Murphy, Manager LEO Support, Policy & Co-ordination Unit, Enterprise Ireland said: "For almost forty years, the Student Entrepreneur Awards have been recognising young innovators and helping to nurture their talent by extending access to the supports necessary to achieve entrepreneurial success.

"We are so pleased with the quality of the applications that we received this year and to whittle it down to 10 finalists was a challenge.

"It is clear that students in Ireland are continuing to become more focused and ambitious. The Irish third level institutions are doing tremendous work to support these students abilities.

"A great number of this year’s applicants have identified challenges across a range of sectors and provided solutions to overcome them.

"Nurturing this talent and helping to foster that entrepreneurship is essential not just to turn ideas into thriving businesses but to help drive Ireland’s global reputation in business.

"I encourage all those that didn’t reach the final this year and those that may be interested in coming forward for next year’s awards to tune into the event on June 12th to get some valuable insights.

"It could be the first step on the way to becoming a business leader in 2021."

More information on the Student Entrepreneur Awards can be found on www.studententrepreneurawards.com