A new initiative will be launched in Co Monaghan today aimed at promoting cross-border entrepreneurship on the island of Ireland.
The North-South Business Cooperation Awards are being launched by the Stelios Philanthropic Foundation and follow similar award programmes that the foundation runs in countries such as Cyprus, Greece and the UK.
A total prize fund of €500,000 will be awarded to 18 entrepreneurs across nine enterprises, who have started businesses registered in the Republic of Ireland or in Northern Ireland within the past five years and are now involved in cross-border trading.
The awards are backed by Greek Cypriot entrepreneur, Stelios Haji-Ioannou, the founder and owner of the “easyGroup”, which includes British airline EasyJet.
An event will be held at Monaghan Peace Campus this morning to mark the launch of the awards, which are being supported by peacebuilding charity Co-operation Ireland.
Speaking ahead of this morning’s launch event, Mr Haji-Ioannou said: “These awards represent more than just recognition – they embody a commitment to building a better, more connected future on the island of Ireland.
“When businesses from both sides of the border collaborate, they do more than drive economic growth; they build trust, create lasting jobs, and strengthen the social and economic fabric of our communities.
“We are working for lasting peace and economic prosperity on the island of Ireland,” Mr Haji-Ioannou added.
Meanwhile, Ian Jeffers, Chief Executive of Co-operation Ireland, said cross-border business partnerships can play a “powerful” role in promoting peace, prosperity and shared understanding.
He said: “These awards recognise that co-operation is not just a shared ideal – it’s a powerful driver of real economic progress. Sir Stelios’ commitment to backing ambitious entrepreneurs across the island is both timely and inspiring. By supporting ventures that operate beyond traditional boundaries, we’re helping to embed lasting economic ties that benefit communities North and South.”
Applications for the awards are now open with more information available on the Stelios Foundation website.
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