It seems that the smart economy is just yet more glarg..%&^"?!'... it's a clear sign of desperation. I'm not too sure on how to react or respond to this. According to the website that the prize fund is provided fully by Irish and non-Irish corporations, as well as a small number of Irish firms and individuals. It also has the backing of the Irish government. I wonder what the break down is in terms of funding between the various bodies. Still 1.2 million euro as prize money plus development money is no small amount. Still, I question what the government did to convince the various corporations to put forward the funding.