06 Oct, 2022

Ifac rewards Limerick-based Cotter Agritech for outstanding talent and innovation

We are delighted to provide Limerick-based Cotter Agritech with 12 months of ifac advisory and accountancy services as part of its ifac Best Newcomer Award at the Enterprise Ireland Innovation Arena Awards 2022 in association with the National Ploughing Association.

This is the third time that ifac has supported Enterprise Ireland and the National Ploughing Association to recognise early-stage Irish businesses and entrepreneurs that are leading the way with their agtech and ag-engineering products.

Cotter Agritech was established in 2016 by Jack and Nick Cotter, offering the Cotter Crate and subsequently its SmartWorm mobile app to help farmers tackle wormer resistance. The Cotter Crate system takes the effort out of sheep work while allowing the farmer to quickly and easily carry out several stock management tasks at the same time, thus reducing the time spent handling sheep.

The support that Cotter Agritech will receive includes business structure and tax advisory, financial planning, as well as support with their business growth strategy and funding applications.

David Leydon, Head of Food and AgriBusiness at ifac said, “2022 has been an exciting year for the development of the agtech sector and we are delighted to be supporting these awards and to be part of the process of uncovering outstanding agtech talent and innovation.

 “As farmers are increasingly time poor, Cotter Agritech’s innovative products have been developed to make farmers' lives easier and ease some of that time pressure. We’re delighted that Jack and Nick claimed the ifac newcomer award and we look forward to working with the Cotter team at this critical stage of their development and into the future, providing our support and sectoral knowledge.”

Ifac’s Food and Agribusiness Report 2022 – contains a whole section about agtech, as well as lots of valuable insights and advice to assist businesses throughout this volatile time. It contains useful insights and a wide range of advice from ifac’s award-winning Advisory Food and Agribusiness team, a variety of case studies with replicable ideas and a list of all the relevant supports available to businesses (e.g., from how to implement price increases, protect your business when interest rates are rising and raise funds in changing times, to managing your margin, easing staff shortages and building awareness for your brand).