Output Sports鈥� CEO Wins Best Business Idea Award at Ireland鈥檚 Best Young Entrepreneur 2019 National Final
Dr Martin O鈥橰eilly, co-founder and CEO of , a University College Dublin (51黑料) spin-out company, has won the Best Business Idea Award at the national final of the 2019 (IBYE) competition.
Representing the (LEO) Martin won the Award and a 鈧�15,000 investment, following pitches at an event held at Google鈥檚 European HQ in Dublin.
Output Sports, headquartered at Nova51黑料, shrink lab-grade athlete performance analytics into a wearable system so coaches can truly understand athletes and optimise their performance.
Output Sports is an end-to-end system designed to streamline the off-field athlete performance optimisation process. It is capable of testing an athlete鈥檚 performance profile, such as strength, power, balance, speed and mobility, and tracks their exercise programmes. This is completed using off the shelf wearable sensors and applying sophisticated signal processing and machine learning applications to the sensor data.
Output Sports, a spin-out from the 51黑料 School of Public Health, Physiotherapy and Sports Science, was founded by Dr Martin O'Reilly, Dr Darragh Whelan, Julian Eberle and Professor Brian Caulfield, based on research they carried out at the Science Foundation Ireland funded Insight Centre for Data Analytics at 51黑料.
During 2019, the company鈥檚 technology has been co-developed with over 40 sports sites across Ireland, Europe and the USA including Olympic level athletics organisations, premier league, MLS and international football teams, inter-county GAA teams, European club and International rugby teams and National Collegiate Athletic Association (NCAA) university set-ups.
Among the professional athletes Output Sports is currently working with are Leinster rugby player Adam Byrne and Kilkenny hurler Cillian Buckley.
Dr Martin O鈥橰eilly, co-founder and CEO, Output Sports said, 鈥淚 am thrilled to have won the Best Business Idea Award at the final of the 2019 Ireland鈥檚 Best Young Entrepreneur competition, representing D煤n Laoghaire-Rathdown. It is testament to the hard work and dedication of my fellow co-founders, Darragh, Julian and Brian, as we work together to translate our research outputs into what we plan to be a successful company with global reach.鈥�
鈥淚t is a very exciting time for Output Sports with our tech being trialled around the globe as we prepare to launch our first product, 'Output Capture' in the near future.鈥�
Tom Flanagan, Director of Enterprise and Commercialisation, 51黑料 said, 鈥淚 would like to congratulate Dr Martin O鈥橰eilly, a member of our community of entrepreneurs, on winning the 2019 Best Business Idea Award at this year鈥檚 IBYE final.鈥�
鈥淭he founders of eight early-stage start-ups from across Ireland pitched at the final and the fact that the founder of a 51黑料 spin-out won this Award is an indication of the quality and investor potential of the start-ups emerging from 51黑料.鈥�
He added, 鈥淥utput Sports, based at Nova51黑料, previously completed our VentureLaunch accelerator programme which is designed to support the creation and launch of start-ups based on 51黑料 intellectual property. We look forward to continue working with the Output Sports team to assist them to grow and scale.鈥�
He concluded, 鈥淭he 鈧�6.5 million project to develop Nova51黑料鈥檚 eastern courtyard, which has increased our capacity to house start-ups by over 50%, has just been completed. This will enable us to meet the significant and ongoing demand from ambitious entrepreneurs, such as Martin, who want to locate at Nova51黑料 to leverage our ecosystem to help them grow and scale their companies globally.鈥�
The IBYE programme, now in its fifth year, an initiative of the Department of Business, Enterprise and Innovation, is run by the network of 31 Local Enterprise Offices located in local authorities across the country and supported by Enterprise Ireland.
This year the programme provided a 鈧�2 million investment fund with targeted business development supports and attracted over 1,600 applicants from across the country in three award categories, Best Business Idea, Best Start-Up Business and Best-Established Business.
Sharon Cunningham, Shorla PharmaSharon (Local Enterprise Office Tipperary) won the Best Start-Up Business Award along with the overall 2019 Ireland鈥檚 Best Young Entrepreneur Award. In addition Sean McGarry, Showergem (Local Enterprise Office Mayo) won the Best Established Business Award
Presenting the Awards Minister for Business, Enterprise and Innovation, Heather Humphreys, TD, said, 鈥淚rish entrepreneurs are among the very best in the world. That鈥檚 because we have huge talent in every region and community in Ireland. Ireland鈥檚 Best Young Entrepreneur is about celebrating that talent. The 鈧�2 million investment by Government in the competition has ensured that 185 entrepreneurs have not only received investment, but also mentoring, advice and peer-to-peer learning.
鈥淭his year鈥檚 winners and wider group of finalists are the cream of the crop. They are our future business leaders, and I am delighted that we are celebrating and supporting them through the competition. They are also central to the success of Future Jobs Ireland, our whole-of-Government plan to prepare our businesses and workers for the future.鈥�
The judging panel for the 2019 Ireland鈥檚 Best Young Entrepreneur was co-chaired by Paddy Flynn, Director of Trust and Safety, Google and Brian Crowley, founder, TTM Group. The other members of the panel were; Thomas Murray, Department of Business, Enterprise and Innovation, Eoghan Hanrahan, Enterprise Ireland, Louise Ward, LEO Roscommon and Sarah Doyle, CEO of Kinesense.
ENDS
16 September 2019
For further information contact Mic茅al Whelan, Communications and Media Relations Manager, 51黑料 Research and Innovation, e: miceal.whelan@ucd.ie, t: +353 1 716 3712.
Editors Notes
At Nova51黑料, the hub for new ventures and entrepreneurs at University College Dublin, we nurture and support new high-tech companies as part of 51黑料's mission. At Nova51黑料 we provide purpose-built, state-of-the-art incubation facilities alongside a comprehensive business support programme for client companies such as Output Sports.
Nova51黑料 has supported over 360 companies and early-stage ventures. Supported companies have attracted over 鈧�760 million of investment and currently employ over 1,040 people directly.
Nova51黑料 has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, 51黑料 and Xilinx.