IRISHBICs Annual Report - Final - Flipbook - Page 14
Case study 04
WestBIC ALPACA
Founder: Joe Fernandez
Early Intervention Tools was supported
by WestBIC through the Pre-Seed Plus
programme, where they played a key role
in bridging the gap between Enterprise
Ireland’s Pre-Seed Start Fund (PSSF)
stage and IHPSU readiness. WestBIC
worked closely with us to co-create and
iteratively refine our financial models as
the commercial roadmap evolved, ensuring
they were investor-ready and aligned with
international scaling ambitions.
the investment ecosystem and practical
guidance across finance, leadership, and
marketing have been instrumental as we
prepare for our first institutional funding
round in H1 2026.
On 5 December 2025, Early Intervention
Tools was granted High Potential Startup
(IHPSU) status by Enterprise Ireland,
a key milestone reflecting the strength,
scalability, and international potential of
the platform. WestBIC’s support has been
a trusted and consistent reference point in
maintaining focus on investor outcomes,
return on investment, and long-term
growth.
Through ongoing engagement — via events,
in-person meetings, and online sessions
— WestBIC helped keep the business closely
aligned with current investor priorities
and expectations. Their introductions to
Key outcomes
• Successful progression from Pre-Seed to IHPSU status (granted 5 December 2025)
• Investor-ready financial models co-created and refined in line with evolving
commercial clarity
• Stronger alignment with investor expectations, fundraising strategy, and
international scaling
• Improved readiness for first external equity round planned for H1 2026
Irish BICs Annual Report 2025
14
