Most start-up businesses need external funding to get off the ground. Few of us have the financial capability to fund a good idea and those with experience know that the investment or funding required may be 2-3 times original expectations.
CorkBIC help start-ups to develop a well-tested business plan that identifies how to harness the opportunity and what funding might be required and plays a hands-on role helping each entrepreneur navigate the minefield of raising finance, sorting out business propositions and arranging agreements with shareholders and investors. CorkBIC works with HBAN (Halo Business Angel Network), local and international VC's, Enterprise Ireland and Business Angel Syndicates to ensure that each Entrepreneur has access to a wide range of funding sources.
HBAN is an all-island umbrella group responsible for the development of business angel syndicates on the island of Ireland. HBAN is actively working to increase the number of angel investors who are interested in investing in early stage technology, MedTech, AgriTech & food companies & supporting the early stage entrepreneurial community. CorkBIC supports the Boole Syndicate in Cork & the IRRUS syndicate in Limerick.
To fund a business plan there are a myriad of investment possibilities from Angel Investors, VCs, tax rebates and exemptions, to grants, loans, equity investments and hiring incentives. CorkBIC can help and advise the entrepreneur to choose the best option for them and their start-up business.
Smart Investment is the key to the success and development of a High Growth start-up and remember Ireland is still probably the best place in Europe and the USA to start a business due to the quality and range of supports.
HBAN organises a number of Investor events during the year where Investor ready companies can pitch to qualified investors in a confidential and supportive environment. Check out our Events section or get in touch to find out the next event.
Raising Finance - Incentives to start and grow a business in Ireland Download a copy of this document