Business Winners 2011

Date: 07/01/11


Profitero, the digital retail analysis company, who offer a competitor monitoring service for on-line retailers have today won the Innovation Cubed 2010 competition held by the business centre, Media Cube in Dun Laoghaire. This is their second win over the last year, having already won a Seedcamp New Business Funding Award in the best start-up business category.

The Innovation Cubed  backed by Microsoft, Enterprise Ireland, Bank of Ireland and local government  launched in early December and offered a prize of a year’s free office space worth €7,500 based in the modern fast broadband facility, Media Cube. The centre is the only campus-based digital media and creative software incubation centre in the country.

The panel of judges for the event included Paul Rellis, Managing Director of Microsoft Ireland, and the overall initiative was developed by Martin Hogan, Manager of Media Cube, who himself has direct experience of leading start-up businesses.

Since opening in early 2007, Media Cube has proved successful in attracting and promoting start-ups in digital media and software, helping them to develop, facilitating networking and promoting business and research opportunities.

Speaking about the competition Hogan said:  “This initiative arose from recognising that reports extolling the virtues of supporting the smart economy were virtually worthless unless practical supports were offered to high quality start-ups and SMEs focusing on digital media.”

Commenting on winning Innovation Cubed, Founder and CEO of Profitero, Volodymyr Pigrukh said: “The last year has definitely been a good year for Profitero. Media Cube has a deserved reputation for supporting digital businesses and we are looking forward to 2011 and working in our new office!”