UCD student wins €10,000 Ireland Funds investment for ‘Coindrum’

26th June, 2012 : Boston

Press Releases

Lukas Decker from University College Dublin has been awarded €10,000 for winning the inaugural Ireland Funds’ Business Plan Competition with his ‘Coindrum’ scheme. Coindrum is an innovative and simple plan to exchange unwanted loose coins from airline travelers in exchange for vouchers that can be redeemed at duty-free shops.
Teams from each of the nine universities across Ireland and Northern Ireland were selected to pitch their business plans before a panel of distinguished entrepreneurs and executives. ‘There is a great deal to be optimistic about when you see the breadth and depth of young entrepreneurial talent in Ireland,’ said guest judge Alan Foy, CEO of Blueface and Ireland Fund Young Leaders Committee member. ‘Coindrum is a great example from an undergraduate of this talent and underscores the fact that most great ideas are simple’.

View Article