IRISHBICs Annual Report - Final - Flipbook - Page 4
Progressing Early
Stage Businesses to
Investor Readiness
Fund Mentor
Innovate
Operating at both national and
regional levels, the Irish BIC network
supports early-stage startups and
scaling enterprises through structured
funding pathways, expert-led
mentorship, and innovation-driven
development. Working in partnership
with Enterprise Ireland, the Irish
BICs play a key role in strengthening
Ireland’s startup ecosystem by
developing investor-ready, highgrowth companies across the
country.
The Irish BICs are a key instrument
within the Irish Government’s
portfolio of supports for startup
companies. Working in close
collaboration with Enterprise
Ireland, they assess, advise,
validate, and progress earlystage business plans to investorready status, with the objective
of increasing the number of
Innovative High Potential Startups
approved each year.
Your Trusted
Partners
We Empower
Growth
Each of Ireland’s four BICs AxisBIC,
Furthr, Propelor, and WestBIC—plays
a vital role in supporting entrepreneurs
through tailored, growth-focused
services. From accessing earlystage investment to strengthening
business strategy and execution,
the Irish BICs support founders in
progressing innovative ideas into
sustainable, scalable businesses.
The Irish BICs support the growth of
Innovative High Potential Startups
and foster entrepreneurship by
providing targeted supports, including
incubator and enterprise space,
expert mentorship, and direct links
to investor opportunities.
The European Business and Innovation Centres (BICs) are regionally, and locally based organisations involved
in the identification, selection and specialist support for new and existing enterprises. Irish BICs are certified
members of the EBN network and operate as public-private partnerships, combining Government funding
via Enterprise Ireland and private funding. In Ireland, Exchequer support is provided by the Department of
Enterprise, Tourism and Employment. Irish BICs concentrate on supporting innovative businesses with growth
potential that contribute to economic development in regions.
Irish BICs Annual Report 2025
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