TUS 2024 Startup Awards Highlight Breakthrough AI Tech Tackling Cost of Living Through Innovative Bill Management

27 March 2024

Mary Casey By Mary Casey

The Technological University of the Shannon (TUS) is proud to announce the winners of the prestigious New Frontiers Startup Awards 2024, celebrating the spirit of innovation and entrepreneurship within the Irish startup ecosystem. The awards ceremony recognised outstanding achievements in the startup community, showcasing eleven of the brightest and most promising enterprises of the year.

While the innovations span various sectors, OneBill Utilities by Adem Ergen, focusing on AI-powered bill management, clinched the overall winner title, spotlighting a significant advancement in easing financial burdens. This fintech innovation is set to redefine consumer experiences with bill payments and subscriptions, offering a seamless, automated solution to maximise financial efficiency.

The New Frontiers programme, supported by Enterprise Ireland, and run in the Midwest by TUS at the Hartnett Enterprise Acceleration Centre in collaboration with UL Nexus is a beacon for entrepreneurial development, providing a nurturing environment for startups. The programme facilitates a journey from idea incubation to market-ready innovation, emphasising the diverse potential of technology to impact various facets of life and industry.

While OneBill Utilities stands out for its direct approach to mitigating financial stress, the awards also celebrated the ingenuity of Margaret Power's SiBark, named 'Best Innovation' for their pet security products and services, and highlighted Lindsay Moynagh of Wendor as 'One to Watch' reflecting its significant potential for growth and success. These recognitions demonstrate the diverse range of innovations among the award participants.

Paula Carroll, Enterprise Ireland New Frontiers National Programme Manager said, “The New Frontiers programme is a critically important element of Enterprise Ireland's Regional Strategy. It was launched in 2012 with the aim of accelerating the development of sustainable new businesses that have strong employment and growth potential, particularly in regional locations. Within the Midwest region (Limerick programme) over 600 budding entrepreneurs have received intensive support to develop and grow their businesses. This year's array of innovations reflects the dynamic, multifaceted and impactful nature of our entrepreneurial landscape.”

Professor Vincent Cunnane, President of TUS, echoed this sentiment, "The diversity and calibre of this year's entrepreneurs underscore the vital role of innovation in driving both economic and societal progress. Congratulations to all the entrepreneurs on the New Frontiers programme and to the winner this year, OneBill Utilities for its targeted approach to the pressing issue of cost management."

Supported by an array of sponsors and supporters, including Holmes, Bridgewater, LEO Limerick, Clare and Tipperary, Limerick Chamber Skillnet, Innovate Limerick, AxisBIC, entrepreneurs-in-residence Dick Meaney and John McNamara and patron John Hartnett and many guest speakers throughout the year, the awards underscore the collaborative effort in fostering an environment where technological solutions can thrive.

The TUS New Frontiers Startup Awards are more than a competition; it's a testament to the dynamic entrepreneurial spirit thriving within Ireland. "These awards highlight the creativity, determination, and innovation that define our startup community," said Professor Vincent Cunnane, President of TUS. "We're excited to celebrate the achievements of all these innovative participants who represent the future of Irish entrepreneurship."

The TUS New Frontiers Startup Awards continue to be a cornerstone in supporting and recognising the entrepreneurial talent that drives Ireland’s economy forward. As this year's winners are celebrated, TUS remains committed to fostering innovation, supporting startups, and contributing to the vibrant ecosystem that shapes our nation's entrepreneurial landscape.

For more information about the TUS New Frontiers Startup Awards and the New Frontiers programme, visit www.hartnettcentre.ie.

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