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Cork Independent

Business & Professional

Ringaskiddy company goes forward to National Enterprise Awards 2019

Thursday, 28th March, 2019 8:53am

A niche engineering asset solutions company, ARQ Asset Solutions Limited from Ringaskiddy has been named as the winner of this year’s LEO South Cork’s Enterprise Award for 2019.

Co-ordinated by the 31 Local Enterprise Offices in the Local Authorities Network, the National Enterprise Awards recognise and honour the success stories of small businesses and entrepreneurs from all around Ireland. ARQ Asset Solutions Limited will now represent the LEO South Cork at the 21st National Enterprise Awards on Wednesday 29 May in the Mansion House in Dublin.

ARQ Asset Solutions Ltd are a niche engineering asset solutions company, who simplify the business of machine reliability and offer independent industrial expertise. Company partners Ronan Carey and Conor O’Sullivan have over 40 years’ experience operating, maintaining and managing high-value assets and are both MLAIII qualified.

They focus on helping time-pressured engineers improve their machinery lubricant management system, by converting complex oil condition monitoring data into a simple application, to maximize asset reliability and operational availability. The company operates in the power generation, pharmaceutical, and marine industries.

Conor O’Sullivan said: “ARQ Asset Solutions is honoured to have been selected to represent the LEO South Cork in the National Enterprise Awards this year. With the help of the business development programmes, mentoring, and financial supports provided by LEO, we have been able to successfully grow and scale our business, and are now positioning for international markets.”

Judging is taking place in April and May, and ARQ Asset Solutions Limited will be competing against 30 other finalists from every local authority area for a share of the €40,000 prize fund. Categories this year include Best Export Business, Best Start Up Business and Innovation, in addition to eight regional awards.

The Enterprise Awards took place as part of Local Enterprise Week 2019. Over 370 events took place across the country for this year’s Local Enterprise Week, organised by the network of Local Enterprise Offices nationwide.

Speaking during Local Enterprise Week, Joe Burke, Assistant Head of Enterprise at Local Enterprise Office Cork South said: “We are delighted to have ARQ Asset Solutions Limited representing us at the National Enterprise Awards in Dublin on 29 May. The company has already become a success story and the judges were particularly impressed by their business strategy and their use of innovation and technology. The National Enterprise Awards are a great barometer for what the Local Enterprise Offices are doing and every year the standard is getting better and better.”

The awards were just one of the many highlights of Local Enterprise Week, which came to an end on 8 March. All over the country, the 31 Local Enterprise Offices jointly ran over 370 events aimed at start-ups, aspiring entrepreneurs and small businesses in their area, to mark the week.

Further details about the support available to local start-ups and small businesses in South Cork are available through www.localenterprise.ie/SouthCork.

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