Salaso Health Solutions partners with Perform at St. George’s Park
Perform, part of Spire Healthcare, has established a partnership with Salaso Health Solutions. This partnership will bring the latest in exercise prescription software to clients of its flagship rehabilitation facility located at the FA’s National Football centre, St. George’s Park. Perform’s skilled inter-disciplinary rehabilitation teams will now be able to design and deliver specialist exercise programmes through a dedicated online injury rehabilitation platform and a mobile app.
Salaso Health Solutions provides an e-health platform supporting better engagement with injury rehabilitation programmes. Users can access prescribed exercises on their phone or tablet using the dedicated app, or directly via the web.
Aoife Ní Mhuirí, CEO of Salaso Health Solutions, commented “The partnership with Perform enables Salaso to integrate its technology with the demands of professional sports men and women. We expect the expert insights available from the Perform team will help us enhance our platform for the benefit of all athletes using Salaso”.
Perform chose Salaso as their exercise software partner as the platform includes a large library of high quality exercise videos, an interactive app, which gathers information from users on rehabilitation outcomes, and the ability to customise the platform to the specialised needs of Perform’s elite sports medicine and performance training centre.
CorkBIC has worked extensively with Salaso on their business plan and obtaining Enterprise Ireland HPSU approval. CorkBIC also worked with Salaso on their investor readiness and through HBAN arranged pitches and introductions for Salaso to Private Investors and Investment Syndicates.
Veronica's Snacks Case Study
Veronica’s Snacks Ltd manufactures and sells tasty, low-fat, gluten-free snacks in the Irish and UK retail market.
CorkBIC worked with Veronica's Snacks on their initial business planning right through to Investor Introductions and Enterprise Ireland HPSU approval.
In February 2015 Veronica’s Snacks secured equity investment of €465,000 from a range of investors including AIB Seed Capital, Enterprise Ireland and the Boole Investment Syndicate, supported by HBAN and CorkBIC.
Click HERE to READ the full Case Study
Radisens Diagnostics receives €4.5m in funding from the European Commission
CorkBIC client, Radisens Diagnostics, the blood diagnostics company, has scored €4.5m in funding from the European Commission to develop a device that takes blood tests out of the lab and puts them into doctors’ hands.
Radisens Diagnostics is at the forefront of a new segment of the healthcare industry known as near patient diagnostics. Its blood-testing device Gemini has been referred to as a “clinic in a box” and can provide laboratory-grade diagnostics from a pinprick of blood in minutes.
Different cartridges are loaded into the device and test for specific diseases. The funding will go towards developing cartridges that can test for diabetes and cardiovascular and kidney functions.
“We are delighted with this significant endorsement from the EC, in support of our vision of instant testing of any high-burden chronic disease anywhere”, commented Radisens’ CEO, Jerry O’Brien. “Integrating diabetes, cardiovascular and kidney function panels onto Gemini™ will impact people’s daily lives”.
Go to Radisens Diagnostics Website for more information
Sean O'Sullivan, SOS Ventures & Frank Madden, Crest Solutions 2015 EOY Finalists
We would like to wish Good Luck to both Frank Madden, Crest Solutions and Sean O'Sullivan who were both shortlisted for the 2015 EY Entrepreneur of the Year™ Awards which take place in October.
Both Frank Madden, founder and CEO of Crest Solutions and Sean O'Sullivan, founder SOS Ventures were shortlisted in the International Category.
Announcing the shortlist, EY’s Kevin McLoughlin, Partner Lead for the EY Entrepreneur Of The Year programme, said: “The programme continues to unearth companies that are excelling on a remarkable scale and this year’s programme has attracted an exceptionally high calibre of entrepreneur. It is particularly heartening to see the diversity within this year’s shortlist, including a number of strong female candidates and entrepreneurs under the age of 30. We look forward to welcoming our new finalists to the EOY network and continuing our work to support entrepreneurship across the island of Ireland.”
For more information go to EY Entrepreneur of the Year™
Thermo Tent kickstarts with €51k in pre-orders
The Thermo Tent Kickstarter campaign has just ended. With over 175 followers they blew through their goal to achieve nearly €51k in pre-orders. With final funding at 127% of the original goal over a 39 day project. Thermo Tent presented their Business proposition at the most recent CorkBIC Venture Academy.
Thermo Tent is the world’s very first properly (thermally & acoustically) insulated tent. Thermo Tent have helped to reduce or even to eradicate the spikes in temperature that occur in normal tents. Their ground breaking insulation technology helps to muffle the noise transfer in & out of the tent. No more freezing nights and unbearably hot mornings. Reduced noise levels from busy campsites. Their tents are scheduled to be used everywhere from Base Camp on Everest to the depths of the African jungle in 2015 so one can be sure that the experts have literally given them their stamp of approval.
Over the last month Thermo Tent have appeared in a number of online magazines and blogs such as 50 Campfires, Gear Junkie and an article in the Mail Online which was shared over thirty three thousand times!
Cloud computing company NearForm to create 100 jobs
CorkBIC client, NearForm, specialising in bringing cloud computing to large enterprises, building faster, more stable, more versatile business platforms, is to create 100 jobs over the next year. The new jobs are described as high end and will primarily be in development, with other roles in sales, marketing, finance and project management.
The company was founded in 2011 by chief executive Cian Ó Maidín and chief technology officer Richard Rodger. NearForm already employs 35 people and recently opened its headquarters at Waterford County Council’s former site in Tramore, an 8,000 sq ft state of the art building.
Mr Ó Maidín said the announcement of the jobs was a proud day for NearForm. “We were strongly urged by many parties to relocate to the US,” he said.“We chose to stay here and build our company in a place where we wanted to raise our families.” He said the company could grow further over the next couple of years at the Waterford office. “You can be anywhere in the world if you have high enough quality people.”
CorkBIC has worked with NearForm on their business plan.
Read the full article go to www.nearform.com
Treemetrics lands €800,000 European Space Agency contract
Treemetrics, an innovator in forestry, data analytics and measurement solutions, has secured a significant €800,000 contract with the European Space Agency (ESA). Minister for Research and Innovation, Sean Sherlock said that Treemetric’s funding will support the global roll-out of the company’s web-based satellite mapping application for the forestry industry.
The Enterprise Ireland-backed company also plans to recruit a further ten software engineers over the next 12 months to expand its workforce at its Cork facility to 30. The company’s technology involves the use of 3D scanners that can measure the shape, size and straightness of standing trees. It then uses this information to predict the quantities of log products that each tree can produce their potential value which leads to a reduction in the quantity of trees cut and an improvement in forest profitability.
Treemetrics founders Enda Keane and Garret Mullooly recently attended the 2015 Entrepreneur Experience.
Teamwork - One of Ireland's best kept Technology Secrets!
Teamwork. the fast-growing project management company is one of Ireland's best-kept secrets, 1.9million people and over 300,000 companies use Teamwork including clients such as Disney, Pixar, Spotify, Harrods, Cisco and Santander.
Based in Cork, Teamwork.com is a suite of business applications, including Teamwork Projects, an online project management software application that helps teams work together more productively online. Designed to help users manage their day to day projects either in a company or personal setting.
CorkBIC worked with Teamwork founders in the early stages of their development; “We found CorkBIC to be very friendly and approachable over the years. Their straight forward advice in our early days was much appreciated” said Peter Coppinger.
AventaMed to hit high note in 2015
CorkBIC client AventaMed is an emerging medical device company focused on simplifying surgical procedures to reduce healthcare costs and improve patient safety. AventaMed's first product is a device for the placement of grommets into ears. This device will place a grommet in under 1 second and will allow the procedure to be carried out in a doctors office without the need for traditional general anaesthetic.
AventaMed co-founder John Vaughan and AventaMed CEO Olive O’Driscoll at the InterTradeIreland Seedcorn Munster final with their grommet-placement device. AventaMed, based in Cork was founded by Olive O’Driscoll and John Vaughan will start clinical trials of the grommet-placement device in the UK in 2015.
Speaking recently to Silicon Republic, CEO, Olive O'Driscoll said, “The surgeons are eagerly anticipating treating their patients with the device, and it will be hopefully on the market at the end of 2015 or early 2016,”. She went on to say “We get lots of phone calls and emails from parents whose children are on waiting lists and suffering from hearing loss and not being able to participate as much as they could in school or playschool. They can’t hear properly, their speech isn’t starting as much as it might otherwise and these parents are really quite worried and eagerly waiting to have another option.” AventaMed was recently named Best Overall Early Stage company at InterTradeIreland’s 2014 all-island Seedcorn Investor Readiness Competition.
MPSTOR Partner with IBM in €3.2m Horizon 2020 project
MPSTOR, recently confirmed it will partner with IBM, Eurocom and other industry leaders to develop IOStack, an SDS toolkit for Big Data. This project has received €3.2m funding from the EU research and innovation programme Horizon 2020, €620k of which is allocated to MPSTOR. The objective of the IOStack project is to enable efficient execution of virtualized analytics.
As storage mountains continue to grow, efficiently moving data into a virtualized analytics framework will be increasingly important. The goal of this project is to deploy data analytic frameworks around data mountains with minimal movement of source data and so maximise the benefits of virtualization. William Oppermann, CEO, MPSTOR
William Oppermann, CEO, MPSTOR participated in the very first CorkBIC Entrepreneur Experience in Garryvoe in 2011 and earlier this year Kernel Capital confirmed its participation in a US$1.5m investment in MPSTOR, with total investment in the firm now in excess of US$10m.
Ones to watch in 2015 - Silicon Republic recently put together a list of the top 20 tech start-ups to watch in 2015. A number of CorkBIC clients appeared in the list, they were:
Entrepreneur Experience Alumni
Pubble, Co-founder John Dineen participated in the 2012 Entrepreneur Experience® in Kinsale with Learnpipe and was awarded for his outstanding contribution to the Investor Ready group. It was later that same year that Pubble was born. Based in Cork, Pubble interacts with customers live online to build an active community on a company website. Pubble is a platform that enables website owners to offer live community experiences (such as live Q&As, live messaging, and Twitter Q&As) right on top of the pages of their website.
Thank Frank - Sean Ahern
ThankFrank.com is a platform of human search for savvy social shoppers that is also building an economy based on gratitude. “In a nutshell, ThankFrank.com provides a cool way to say thanks for frank and honest advice,” says founder Sean Ahern. Each month, ThankFrank auctions off several limited sponsorship opportunities and the active community helps these sponsor companies in return. Sean Ahern participated in the 2014 Entrepreneur Experience®.
Sedicci is the creator of a new way of securing and validating people’s identities in such a way that their personal information is not put at risk. Co-founder Robert Leslie, participated in the 2012 Entrepreneur Experience® and when commenting on the event he said "this is a room full of believers; passion is oozing out of everybody." Sedicci uses a protocol called zero knowledge proof, which can prove a person knows something without the need for them to share or disclose it.
Participants in the most recent Venture Academy at the Business without Boundaries conference in November 2014
CareZapp’s technology allows caregivers to create networks of care to support people who require their help with a cloud-based platform for personalising plans. The company was recently one of the 14 finalist in the Start-up Battlefield at TechCrunch Disrupt 2014 in London. The CareZapp solution is designed to provide a range of communication and collaboration tools to enable the creation of care networks, to connect those needing care with caregivers, be they family, friends, neighbours, community-based supports, home-care providers, or social and healthcare professionals. Andrew McFarlane, recently pitched at the CorkBIC Venture Academy® during the Business without Boundaries Conference in Ballymaloe in November 2014.
Pundit Arena is a sports media website powered by articulate fans, and aspiring and experienced sports journalists. Based in Cork, Pundit Arena was founded by Ross O'Dwyer and Richard Barrett, and Richard pitched at the CorkBIC Venture Academy® during the Business without Boundaries Conference in Ballymaloe in November 2014. “We empower fans and aspiring journalists to become paid journalists by monetising their content on our interactive platform,” explained co-founder of Pundit Arena Richard Barrett. “The fans write about the sports and topics that they are passionate about and we amplify their opinion by publishing their content on our website.
WorkCompass raises €650k
WorkCompass, based in Cork, has raised €650k from angel investors and Enterprise Ireland. The funding will be used to grow the business on the international market. Their innovative solution allows organisations improve staff performance by on average 11% making staff more engaged and companies more competitive. Denis Coleman, CEO, WorkCompass participated in the CorkBIC 2014 Entrepreneur Experience® earlier this year.
Denis Coleman, founder and CEO, WorkCompass stated: “Over the past 16 months we have gained significant traction in the Irish market, we are now looking to foreign markets to continue our growth. This investment allows us achieve that. Our initial focus will be the United Kingdom.”
WorkCompass.com is an online Staff Performance Management and performance review solution. We have distilled the people management practices that the behavioural scientists agree improve staff performance into a single, intuitive, cloud software system that drive business success. WorkCompass is the product of over 22,000 hours of research and testing. The development team includes leading organisational development experts from industry and academia in Europe and the US.
Compliance & Risks named ICT Exporter 2014
Recently at the Irish Exporters Association 2014 Export Industry Awards, Compliance & Risks was named ICT Exporter of the year. The Awards, in their 14th year, attracted over 500 guests including Minister Alex White TD, Ambassadors and Dignitaries from 24 Embassies in Ireland to the Convention Centre Dublin. Compliance & Risks provide innovative online tools and consulting services that deliver timely and accurate global regulatory intelligence to empower business compliance, mitigate risk and identify opportunities.
Damien McGovern, founder of Compliance and Risks who participated in the Business without Boundaries conference in Ballymaloe on November 27th, commented that "Without CorkBIC Compliance & Risks wouldn’t exist. It’s that simple. It’s important to have at your side people who have ‘been there done that’ and who can recognise patterns so as to direct and challenge you, especially at the beginning. You’re walking a tightrope and you need encouragement, structure and support which I was fortunate enough to benefit from, and which I am still very grateful for.”
WhatSalon wows Eva Longoria at the Web Summit
CorkBIC client WhatSalon recently looked after the hair and make-up back stage at the Web Summit. Look who Kieran (CEO, of WhatSalon) bumped into....the one and only Eva Longoria!
Irish Atlantic Sea Salt wins 'Golden Fork' award
Huge Congratulations to Michael O'Neil and all the team at Irish Atlantic Sea Salt who scooped a 'Golden Fork' award at the 2014 Great Taste Awards.
The awards organised by the Guild of Fine Food is the acknowledged benchmark for speciality food and drink. It has been described as the ‘Oscars’ of the food world and the ‘epicurean equivalent of the Booker prize’. Quite simply the Great Taste logo is the sign you can trust when buying food and drink in your local, quality retailer.
By winning a 'Golden Fork', Irish Atlantic Sea Salt is acknowledged as one of the top 10 Best Irish Speciality foods out of 10,000 products.
Michael O'Neil, founder of Irish Atlantic Sea Salt, participated in the most recent Entrepreneur Experience® earlier this year and continues to work with the team in CorkBIC on his business plans.
For more on Irish Atlantic Sea Salt visit their website
RadioShack to deploy Trustev across all stores and online
Starting in October, Trustev will deploy its new integrated sales solution at RadioShack locations to enhance the customer experience when buying a mobile phone. Trustev’s “data fingerprinting” technology will ensure these transactions are convenient for customers, and validated and protected for RadioShack.
Trustev worked closely with CorkBIC during their start-up phase. Commenting at the recent 25 year celebration for CorkBIC, Pat Phelan, co-founder Trustev said "The team at CorkBIC were a great help to us at Trustev during the early days when people and resources were extremely tight. They helped us cut through the bureaucracy and focus on the information and decisions that were relevant and a priority at the time."
“Trustev’s sales solution is an ideal complement to the customer experience RadioShack provides its mobility customers,” said Pat Phelan, co-founder and chief executive officer of Trustev. “We developed our platform to give retailers and customers more confidence in verified transactions, and we’re looking forward to continuing our expansion into the U.S. with leading retail partners like RadioShack.”
For more information on Trustev go to their website
Curious Wines secures €30k funding via Linked Finance
Rather than going back to the banks, Cork-based wine company Curious Wines has secured a loan of €30,000 from its customers’ pockets.
Curious Wines turned to crowd-funding company Linked Finance to secure the funds, in what is the most successful loan bid ever hosted on the site.
Curious Wines managing director, Michael Kane attributed the success of the loan application to their engagement of both existing and potential customers. CorkBIC worked with Michael on his early business plans and Michael also participated in the 2013 Entrepreneur Experience®.
Michael Kane, Curious Wines pictured at the 2013 Entrepreneur Experience®
“By some distance it’s the most successful loan process [Linked Finance] have put up and the reason is that we managed to engage both our existing customers and also non-customers that bought into what we’re trying to do,” he said.
The crowd-funding platform works by giving individuals an opportunity to bid ‘micro loans’ at rates that suit them.
For more information go to their website
Poly-Pico joins forces with NUI Galway with spectacular results
Poly-Pico and NUI Galway have developed a method to 'print' replacement tissues using stem cells. They aim to use the process to grow tissues for transplants. By using tiny cartridges dispensing one stem cell at a time, Galway-based researchers may soon be able to literally “print” the scaffold of a healthy human tissue, and let it grow to become a therapeutic transplant.
Gabriel Leen, founder Poly-Pico participating at the 2012 Entrepreneur Experience®
Poly-Pico, a University of Limerick spin-out, now based in Galway has been a client of CorkBIC for many years. CorkBIC and the Business Angel Partnershiphave worked extensively with Poly-Pico and founder Dr Gabriel Leen on business plans and investor readiness. Gabriel participated in the 2012 Entrepreneur Experience® and featured in a video about the event where he comment that The Entrepreneur Experience®"is a fantastic opportunity. I couldn't possibly sell it strongly enough. It's been really exciting and there's a whole lot more to come." Click here to have a look at the video.
For more information go to their website
Radisens secures second €1M European Space Agency Contract
Radisens Diagnostics has been awarded a second €1m contract by the European Space Agency to develop an innovative blood testing device for use by astronauts on board the International Space Station and on various human spaceflight missions.
The European Space Agency has contracted Radisens to extend the blood testing menu on their point-of-care device which is currently in development at their facility in Cork. This forerunner device could be used on board the International Space Station and on various human spaceflight missions where it is essential to get high-performance, laboratory grade results for myriad health conditions, without fear of biological contamination.
Read the full article here
Entrepreneur found out the hard way that food, rather than music is the spice of life
Arun Kapil, founder of Green Saffron, recently spoke to Sandra O'Connell of the Sunday Times about how he came to Cork and founded Green Saffron. Arun left a successful music business in London in order to 'find himself'. He started in a caravan in rural Co. Cork, cooking up his next business venture, spice company Green Saffron.
Read the full article here
PR Slides raises €500k in seed funding
Irish model & fashion columnist Emma-Jane Power and social media entrepreneur Niall Harbison have joined forcesto work together on Ireland's first media hub, PRSlides.com. Founder Emma-Jane connected with CorkBIC to get assitance with her business plan and investor proposition.
CorkBIC client PR Slides recently raised €500k in seed funding with Enterprise Ireland and Kernel Capital joining forces with Harbison, Eamon Leonard, Johnny Walker and Julian Kulkarni to invest in the venture.
PR slides, based in Waterford, is a valuable but inexpensive PR tool, ensuring the maximum exposure with minimum costs as well as maiking it easier for journalists to view the latest products and press releases.
For more information on PR Slides go to their WEBSITE
Veronica's Snacks getting a bite of the Market
Sunday Times' reporter Sandra O'Connell recently spoke to Veronica Kenneally founder of Veronica's Snacks. Getting noticed with virtually no marketing budget was a challenge that Veronica Keneally faced head on with some innovative ideas.
Veronica's Snacks now employs 4 people and supplies supermarkets and health food shops across Ireland and is exporting into selected outlets the UK as well as available on amazon.
Veronica's Snacks crisps are baked rather than fried, low in fat and gluten free. CorkBIC has worked extensively with Veronica's Snacks building a business plan and preparing for investment.
Read the Full Article HERE
HealthClinicPlus - using software to help mend injuries
HealthClinicPlus, based in Tralee, Kerry, founded by Aoife Ní Mhuirí, has developed a web and mobile therapy platform to help people recover from muscular injuries.
Recently Elaine O'Regan, of the Sunday Business Post spoke to Aoife Ní Mhuirí and asked her why it works. "We have a library of thousands of high-quality videos that teach patients how to do their exercises. The software has a mechanism for setting goals for the patients that are specific to their individual injuries or pain condition" answered Aoife Ní Mhuirí.
CorkBIC have worked with Aoife, refining her business plan and progressing HealthClinicPlus along the High Potential Start-up (HPSU) route.
Read the full Article here
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