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Eircom web innovation fund

This is a discussion on Eircom web innovation fund within the General Chat forums, part of the Lounge category; Hi all, I got an entry away to the Eircom web innovation fund for their Web 2.0 competition. I have ...


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Old 20-02-2008, 10:06 AM
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Hi all,

I got an entry away to the Eircom web innovation fund for their Web 2.0 competition. I have not heard anything back yet, but I suppose they probably have a lot of submissions to trawl through.

Just wondering how many others here put in for it?

cheers,
Geoff
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Old 20-02-2008, 10:39 AM
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Never heard of it. Good luck with it.
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Old 20-02-2008, 11:09 AM
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There was a big debate about it a few months ago on creative ireland. If you've got a good enough idea, you'd be better off getting a private investor and it would be easier too.

AFAIK, they are offering 4 sets of 25k investment and eircom want 6 months exclusivity to the final product and a share of revenue.

You could probably get an investment of 25k for a brand new idea for 10-20% depending on the investor.


Don't want to rain on your parade. I wish you the best of luck with it. Let us know how you get on and if you don't get accepted, give me a shout with your idea!
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Old 20-02-2008, 12:07 PM
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If its a good idea ... I'd guess you should be either approaching enterprise Ireland ... and looking for some input / advice from them.

I really don't like the sounds of eircom 6 months exclusive
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Old 20-02-2008, 02:22 PM
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hmm ok, well let's see what they come back with. The way I see it is that they've either been swamped with applications or it's just me and a few other crazys . Just thought I would try a drip test and see if anyone else went in for it.

cheers,
Geoff
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Old 20-02-2008, 03:06 PM
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I wonder if anyone pitched them a web hosting business idea?

Regards...jmcc
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Old 20-02-2008, 05:32 PM
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I could never understand why people need money for a web startup. What costs have you apart from hosting? Register a domain and get coding!

Being featured on eircom.net would be a nice boost though
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Old 20-02-2008, 05:40 PM
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Have you ever launched a web start up on a shoe string?

It's very difficult... I'm doing one at the moment and the design/development is costing 20k alone... never mind the marketing!
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Old 20-02-2008, 05:45 PM
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Quote:
Originally Posted by georgiecasey View Post
I could never understand why people need money for a web startup. What costs have you apart from hosting? Register a domain and get coding!

Being featured on eircom.net would be a nice boost though
Quote:
Originally Posted by davidbehan View Post
Have you ever launched a web start up on a shoe string?

It's very difficult... I'm doing one at the moment and the design/development is costing 20k alone... never mind the marketing!
You beat me to it ...

For all the great ideas ... you still need to be able to market it ...
If you want to develop it you also need to be able to live ... saying it takes x months to develop the idea properly means you have X months without wages ...

Then you'll have meetings / travel / accommodation / hosting / inflatable donkeys ... and suddenly you're talking thousands upon thousands ...

Sure you'll always find little jonny who starts something in his bedroom and becomes a millionaire overnight ... but its the exception not the rule.
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Old 20-02-2008, 08:10 PM
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Amen
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