Annie Madden founded FenuHealth with her sister when they were in high school. Today, the company employs 11 people and exports to 15 countries.
Annie Madden won the top prize at this year’s third tier of Enterprise Ireland Student Entrepreneur Award.
The University College Cork student was one of 10 finalists. She has been awarded €10,000 as part of her award, which she received at a special ceremony in Dublin today (June 10).
Along with her sister Kate, Madden is co-founder of FenuHealth, based in Meath. The duo laid the groundwork for the business while attending the 2020 BT Young Scientist and Technology Expo when they were in a transition year. Kate Madden spoke about the sisters’ founding journey at a Future Human pop-up event during the exhibit.
Today, FenuHealth produces powder supplements for horses and ponies. Supplements are added to animal feed to help prevent and resolve stomach problems.
The company offers a range of nine products and exports to 15 countries. She counts five royal families among her clients.
In addition to the prize money, the Maddens will be sponsored by Enterprise Ireland. FenuHealth employs 11 people. Annie Madden runs the business while studying in Cork.
The Grant Thornton High-Achieving Merit Award and €5,000 went to Alannah Pardy. The South-East Technological University student is the founder of Recapture One, a cloud-based multimedia company specializing in the development of personalized bereavement memorials.
Ronan McArt and Roisin Lydon, professors at St Angela’s College, have won the Enterprise Ireland Academic Award.
In addition to the cash prize, the winners will also share a €30,000 consultancy fund that will allow them to turn their ideas into business reality. This year marked the 41st year of the awards.
Richard Murphy, director of the LEO support, policy and coordination unit at Enterprise Ireland, said the awards represented “an important starting point for many as they embark on their entrepreneurial journey”.
Minister of State for Trade Promotion, Digital and Business Regulation, Robert Troy, TD, added his congratulations to the winners and runners-up. “The caliber of entries this year is a credit to student entrepreneurs and their institutions. The projects on show today address a range of challenges facing Irish society, from sustainability and the environment to health and well-being, with innovative solutions to not only meet the needs of an Irish market , but also with potential for global appeal.
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