AxisBIC expands in Munster as it launches a new base covering Clare and Limerick.
Having supported start-ups in Cork and Kerry for more than 35 years, AxisBIC is expanding its operations further into Munster with a new base covering Clare and Limerick.
Formerly known as CorkBIC, the team provides support and essential business expertise to entrepreneurs and prepares them for investment and growth.
“There is a wealth of ideas in this region and AxisBIC will continue to develop and nurture these to becoming successful businesses of the future”
The organisation has an extensive network of partners including Enterprise Ireland, local authorities, third level institutions, government agencies, local businesses and professional services. AxisBIC was formerly known as CorkBIC.
Driving entrepreneurship in Munster
“AxisBIC has been at the forefront of driving entrepreneurial innovation in the Munster region for more than three decades and it is great to see that dedication and commitment being expanded to Clare and Limerick,” said Leo McAdams, divisional manager, Investment Services, Enterprise Ireland.
“There is a wealth of ideas in this region and AxisBIC will continue to develop and nurture these to becoming successful businesses of the future.”
Some of the companies that have worked with AxisBIC include Crest Solutions, Workvivo, Populo, Aventamed, Abtran and many others.
The expansion was announced yesterday (24 June) at an event at the Engine start-up space in Limerick.
“AxisBIC has worked with start-ups in Clare and Limerick, but this is the first time that we will have dedicated BIC resources on the ground in this region,” said AxisBIC CEO Larry O’Donoghue.
“Today’s launch event reflects our vision to unlock the potential within our region, empowering high growth innovators to drive positive impact. With this expansion, we look forward to developing many successful high potential startups and growing our partnerships into the future .”
Keynote speaker Brian Crowley, director of Broadlake, was joined by fellow entrepreneurs Paul Byrnes, founder Mavarick; David Jeffreys, former CEO ActionPoint; and Adem Ergen, founder OneBill.
Clare native Brian Crowley founded the TTM Healthcare Group with its HQ in Ennis before joining forces with Broadlake where he works with entrepreneurs and helps established businesses scale.
He said: “It can be extremely daunting for anyone starting out in business as they attempt to develop their idea into a thriving company. There are so many obstacles to overcome and it’s important to have support from people such as the team at AxisBIC who can help entrepreneurs as they navigate their journey to success.”
AxisBIC has also announced that applications for the next Entrepreneur Experience are now open. This is a unique event for 24 high growth and scaling entrepreneurs to gain access, advice and mentoring from 24 of Ireland’s most successful business leaders over 24 hours.
The 2024 Entrepreneur Experience will take place on Friday and Saturday, 18 and 19 October in Ballymaloe, Co Cork.
Since 2009, 300 emerging entrepreneurs from ten countries have participated and €120m investment has been raised by 90 companies.
Main image at top: Larry O’Donoghue, CEO, AxisBIC; Leo McAdams, Divisional Manager Investment Services, Enterprise Ireland; Gillian Barry, TUS; and David Jeffreys, former CEO & founder of ActionPoint. Pic: Keith Wiseman
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