Blackwater Distillery from Cappoquin, Co Waterford has been awarded runner-up in the AIB Irish Times Start Up Academy 2016. The company will receive business mentoring, coaching from AIB, €10,000 in print and digital advertising with The Irish Times, and €15,000 with Maximum Media over the next year as part of their prize.
Blackwater Distillery is based in West Waterford where it produces the county’s only gin, Blackwater No 5. The competition was stiff as over 400 companies applied, and only eleven were chosen for an intensive two month business boot camp. A panel of six judged the finalists in front of an audience of 200 last week at the Sugar Club.
Peter Mulryan, distiller and director of Blackwater Distillery said ‘For a company in operation for a little over a year, this is a huge vote of confidence. This prize will give us an amazing opportunity to reach more people and grow our business, and we are hugely grateful to AIB and the Irish Times for this opportunity.’ He continued ‘I would encourage any start-up company to apply to this amazing course as we all learnt so much.’
The other runner-up in the competition was POPertee, and the overall winner was Nasal Medical.