The Liffey Trust is delighted to announce the recipients of this year’s Séamus McDermott Scholarship for Entrepreneurship, sponsored by the Liffey Trust founder. Now in its second year, the Scholarship provides proven entrepreneurs with €10,000 towards the tuition fee for The Trinity MBA programme. ‘On behalf of The Trinity MBA, we are delighted and hugely appreciative of the contribution Séamus and the Liffey Trust have made towards helping entrepreneurs upskill in the area of strategic management by undertaking our MBA programme,’ says Professor Amanda Shantz, Director of The Trinity MBA.
Séamus McDermott has had a life-long passion for supporting and encouraging entrepreneurs. Séamus founded the Liffey Trust in 1984 in order to incubate, mentor and support entrepreneurs and community enterprises including provision of office space. The Trust made a conscious management decision to finance all its activities through its own efforts and without the support from the State and it has done this with great success. Since its foundation the Liffey Trust has helped more than 200 enterprises resulting in the employment of over 800 people. The Séamus McDermott Scholarship for Entrepreneurship continues and honours Séamus’ work by supporting an entrepreneur who is resident in Ireland, to develop their business and managerial acumen by undertaking the Trinity MBA.
Nurturing entrepreneurship is at the heart of The Trinity MBA programme where an entrepreneurial focus is woven through every module. The Scaling and Social Entrepreneurship projects allow students the opportunity to help fast-moving NGOs and SMEs scale their international growth and solve strategic issues when financial resources are constrained. Trinity College Dublin has a tradition of Innovation with Trinity graduates being ranked by venture capital organisation Pitchbook as the most entrepreneurial in Europe for the past four years. Trinity Business School’s strategy is to galvanise and build on this strength in all its activities. The partnership of the Liffey Trust and The Trinity MBA is therefore a natural fit.
This year’s successful awardees are Irish entrepreneurs Aidan Conaty and Michael Noel Harte, who both joined the Trinity Executive MBA class of 2018/20 in September. Aidan is founder and CEO of supply chain services business Goodada and sister company TCI China Consulting & Inspection, whilst Michael is Managing Director of logistics franchise business Mail Boxes Etc. and Chairman of social enterprise the Docklands Business Forum.
The two were awarded with their Scholarship certificates recently at a dinner with Seamus McDermott, Alice Power the Liffey Trust Company Secretary, Trinity MBA Associate Director Stephanie Coull and Trinity MBA Admissions Manager Eoghan O’Sullivan.
Aidan said, ‘I am delighted to be awarded the Séamus McDermott scholarship. I’ve always believed that being an entrepreneur is a profession and not just a trade, so to have this opportunity to undertake the Trinity MBA and foster the growing profession of entrepreneurship within Ireland and its business culture is fantastic.’
Michael added: ‘To receive this prestigious scholarship was a great honour for me. It was really inspiring to hear how the Liffey Trust started up in difficult economic circumstances and how it now supports and nurtures future budding entrepreneurs. The MBA has been an enjoyable experience thus far with lecturers of the highest standard and classmates from various business backgrounds to learn from. I’m looking forward to the rest of the journey!’