I will discuss some of the ideas another time but one thing that was obvious was that the chosen few that won were selected on the rational that the entrants were only looking for a small amount of money, thus the entrants that won were selected because more ideas could potentially be generated. Divide a large amount of money between a higher number of people.
Now I get that approach and esp in the University Environment with funds are tight, however I cant help but thinking is this an attitude prevalent in Ireland? Is it right and fair to distribute a little to many when potentially there are some amazing ideas that are more complex and need a lot more investment to succeed? I guess that for these type of ideas the owners of the ideas need to pitch it to the right audience with deeper pockets. And yes I do think they selected the best ideas on the evening. Hopefully I will see some of them over the coming year successfully launching their products.
Despite not winning, there were many positives - contacts made, networking a success and a reasonable good pitch too. Maybe I didn't get €€ but I came out with more than I went in.
The pitch deck No. 5 - Boxie: http://www.kenfinnegan.com/reports.html