Irish student wins $40,000 at global entrepreneurship competition
Nick Cotter co-founded Cotter Agritech with his brother Jack. The Limerick-based start-up has been picking up prizes at home and abroad.
University College Cork student Nick Cotter has scooped the top prize at this year’s Global Student Entrepreneur Awards.
Cotter is the CEO and co-founder of Cotter Agritech, a Limerick-based business that specialises in targeted tech and treatment systems for sheep.
The Global Student Entrepreneur Awards are an annual competition for students around the world who own and operate a business while attending college or university.
The 22-year-old law and business student saw off competition from more than 1,000 applicants in 40 countries following a year-long nomination, application and pitch process.
His prize is $40,000 courtesy of the competition’s organisers, Entrepreneurs’ Organization, to invest in his business.
“It’s much more than I ever thought was possible, becoming global champion,” said Cotter, commenting on his win.
“Each stage of the competition is quite intense, and you hope. It’s an incredible achievement and pure joy for me,” he added, thanking his mentors and the judges.
This is not Cotter’s first time to be recognised for the business he started with his brother Jack.
The pair won the Engineers Ireland Student Innovator of The Year Award in 2019 and best agri-engineering start-up at the 2019 Enterprise Ireland Innovation Arena Awards.
More recently, Cotter placed third in this year’s Ideate Ireland business competition, which rewards entrepreneurial skills and new ideas from undergraduate and postgraduate students. He shared his third-place prize of €5,000 with Dr Fiona McGillicuddy and Dr Rachel Byrne of MetHealth.
Earlier in the year, Cotter Agritech participated in the inaugural AgTechUCD Agccelerator Programme, which was dedicated to early-stage agritech and food-tech start-ups. At the end of the 12-week programme, Cotter Agritech was named the winner of the AIB and Yield Lab AgTech Start-up 2022 Award, winning €10,000.
Reporting: Silicon Republic