Full Health Medical, founded and owned by Ballintubber based Paul McCarthy and Dr Ann Shortt, was named the best emerging company at the Connacht and Leinster final of the 2012 InterTradeIreland Seedcorn all-island business competition.
Full Health Medical, which is based in the Business Innovation Centre of the National University of Ireland Galway, beat tough competition from the other Connacht and Leinster finalists in its category to win €20,000 to help finance the early stages of its ventures. The company will now go on to compete in the all-island final of the competition, which will take place on November 28 at the iconic Titanic Belfast building.
Now in its 10th year, Seedcorn is the island’s biggest business competition for early stage/high growth companies in any sector, from any part of the island. The competition, aimed at companies which have a new equity funding requirement, has a record prize fund of €280,000. To date, InterTradeIreland has supported more than 1,600 enterprising companies through the Seedcorn process, and previous finalists have gone on to leverage around €159m worth of equity since taking part. The Seedcorn competition is considered an important barometer for new and emerging companies among the investment and business communities.
Full Health Medical has designed a system that addresses one of the most basic deficits in healthcare – the meaningful communication of test results in the context of a person’s own history and lifestyle. Developed over three years by a team led by GP and A&E doctor Ann Shortt, the Full Health system uses a series of clinical algorithms and combines medical, family history, and lifestyle information with the examinations and test results to generate a personalised report for the doctor’s approval. The results are then presented in an easily understandable format, complete with recommendations and advice for the patient. This system offers doctors a huge saving of time and expense, and allows a doctor to provide a better service to significantly more patients.
Companies can follow the competition on Twitter (@ITI_seedcorn ) where they can get valuable information and advice.