Invent is an annual competition organised by Catalyst with headline partner Bank of Ireland, that recognises and rewards local innovations and proof of concept ideas that have the greatest commercial potential.
Invent is an opportunity to gain high profile exposure, to validate your idea, to unlock a quality network of influencers and to win a share of the £47,000 prize fund. If you have come up with an innovative product or solution that you are passionate about then this is the competition for you.
Applications for Invent 2021 are now closed.
10 companies have made it through the semi-finals and to the next final stage of the competition.
An innovative cancer treatment technology company has been named as the overall winner of the 2021 Northern Ireland INVENT Awards.
INVENT shines a light on the creativity of local entrepreneurs who are at an early stage of developing their business, with 10 finalists chosen to compete for the main prize at a showcase event in the ICC Belfast. The final was attended by a live audience and streamed online after being delivered as an entirely virtual event last year.
The overall winner, Stim OxyGen, took home a prize package of £26,000 from a total prize fund of £47,000.
Stim OxyGen’s technology enhances the effects of cancer treatment by overcoming the problem of hypoxia in solid tumours. It uses oxygen generating nanoparticles to generate transient oxygen within solid tumours and has the potential to improve the efficacy of many cancer treatments and transform patient outcomes across the world.
Read the full story here.
Brendan Monaghan named as winner of the 2021 Innovation Founder Award
The founder of Belfast-based technology company Neueda, Brendan Monaghan, has been named as Catalyst’s Innovation Founder for 2021 by a panel of Northern Ireland’s most successful entrepreneurs.
Now in its 12th year, the Bank of Ireland UK sponsored Innovation Founder award celebrates Northern Ireland’s rich history of innovation and is awarded to a person who has achieved success in founding, leading or building a celebrated local innovative business.
Following a nomination process, Brendan was unanimously chosen by a panel of past winners of the Innovation Founder award. Previous winners of the award include John Rainey MBE, James Leckey, Martin Naughton KBE, Dr William Wright CBE, Dr Peter FitzGerald CBE, Tom Eakin, Dr Hugh Cormican, Prof John Anderson, Denis Murphy and Brian Conlon.
After a career working in software businesses including CEM Systems, BIC Systems and Kainos, Brendan and his co-founder David Bole started Neueda, a company which provides consultancy, analytics, training and software development to organisations across the public sector, utilities, financial services and the capital markets. Its customer base ranges from Dublin and London to Singapore and the United States.
The company grew from a startup based in Brendan’s house in 2006 into an organisation with a workforce of over 300 people, the majority of whom are based in Belfast. In June this year it was announced that Neueda had been acquired by Dublin-based software business Version 1.
Read the full story here.
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