CorkBIC Startup Clients create over 600 NEW jobs

17 June, 2016

Today AxisBIC announced that their Startup clients have created 670+ NEW jobs during 2014 and 2015. Launching their 2015 Review in the Port of Cork, AxisBIC CEO Michael O’Connor said that “2015 was an exciting year for Cork with many great initiatives including landing the first subsea fibre in 12 years from London to New York, a project that AxisBIC was delighted to develop alongside many partners. The South West region, and Cork in particular has always had a great entrepreneurial culture and is one of the leading startup capitals in Europe. This is due in no small part to the infrastructure and support that has been created by Enterprise Ireland and the local authorities of Cork City and County Councils.”

In 2015 AxisBIC worked with 88% of all HPSUs in the South West region. The event at the Port of Cork is part of the Growth Pathway Programme* which is focussing on building the next generation of high performance companies and is supported by Bank of Ireland, Cork City Council and Cork County Council.

Speaking at the event was, serial entrepreneur William Oppermann. William founded MPSTOR in 2006, which since its creation, has pioneered and patented self-organising-storage, which was an early implementation of software-defined-storage (SDS) technology.

Also participating were:

Derek O’Sullivan, founder Thermotent, the world’s first thermally and acoustically insulated tent who ran a very successful Kickstarter Crowdfunding campaign in 2015
Brendan McPhillips, co-founder Asystec, who announced 50 new jobs and opened a new Cork office in 2015
Eoin Leonard, founder i3PT, who recently won Best Company to Work For in the Irish Building & Design Awards 2016
Aoife Ni Mhuirí, founder Salaso Health Solutions who has developed physical therapy videos to support recovery from injury and support the management of pain and musculoskeletal conditions.

AxisBIC Initiatives in particular the Entrepreneur Experience® and the Venture Academy® have assisted 165 companies, developed 45 HPSUs (High Potential Startups) and raised over €41 million in investment over the past 6 years.

Also attending the Port of Cork event was David Merriman, Head of Enterprise Development, Bank of Ireland who commented “We are delighted to partner with AxisBIC on a number of events within the Growth Pathway Programme*. Bank of Ireland is committed to driving and supporting Startup and Entrepreneurship initiatives and events across Ireland.”

Click Here to read the full 2015 Report

*The Growth Pathway programme is a unique process involving SMEs, Start-ups and top Irish business leaders focused on building the next generation of high performance companies. Thanks to the support of partners Bank of Ireland, Cork City Council and Cork County Council.