Seven CorkBIC Clients raise investment of €3.15million

08 March, 2012

Seven AxisBIC Clients raise investment of €3.15million

8th March 2012 – Seven AxisBIC clients have raised investment and funding totalling €3.15million within the last 12 months following participation in a broad range of its Investor events. This is against a background where over 5 companies per day went out of business in the second month of 2012*.

One of the seven companies led by Ogie Sheehy CEO and founder of ViClarity (formerly YouComply) commented on his recent investment: “Our participation in the Entrepreneur Experience organised by AxisBIC was a turning point for us and the advice and coaching we received there will stand to us for many years to come. We are extremely excited about the future of ViClarity and very thankful for the assistance that we have received from Neil Gordon in AxisBIC and Aidan O’Driscoll from the Business Angel Partnership, who were instrumental in orchestrating our investment.”

Pictured at the ViClarity investment announcment were; Ogie Sheehy, ViClarity; Jerry Moloney, Enterprise Ireland and Neil Gordon, AxisBIC,

The ultimate entrepreneur event is the Entrepreneur Experience® where four out of the seven companies who raised investment did so following their participation. The Entrepreneur Experience® is a 24 hour event with Emerging Entrepreneurs being invited to apply for one of 21 places, from start-up companies to investor ready companies to companies that want to scale and grow. These Emerging Entrepreneurs then get an opportunity to meet with 25 of Ireland's most successful business leaders where they are coached, advised and gain unparalleled access to these successful Entrepreneurs. The next Entrepreneur Experience takes place on Friday 30th and Saturday 31st of March 2012 at the Trident Hotel, Kinsale, Co. Cork. For more details go to www.corkbic.com/index.cfm/page/theentrepreneurexperience2012

Another company who has had a very exciting year was Yougetitback, who announced that their market leading recovery solution is now available in all Best Buy and Best Buy Mobile stores in the US, also participated in the Entrepreneur Experience®. Paul Prendergast, Co-founder and head of sales said that "the Entrepreneur Experience, as well as being a great standalone event, has given us access to a number of fantastic mentors that have been there and have helped us overcome all the challenges we have been facing this year. A no nonsense event run by entrepreneurs for entrepreneurs."

* InsolvencyJournal.ie