CorkBIC to rebrand and expand into Mid-West

AxisBIC is one of four Irish BICs funded by Enterprise Ireland to grow and support start-ups

Aidan O'Driscoll, AxisBIC, Limerick; Fionnuala Wall, AxisBIC, and AxisBIC chief executive Larry O’Donoghue at the unveiling of CorkBIC's new name AxisBIC. Picture: John Allen

Business development organisation CorkBIC is to rebrand as AxisBIC.

Under the new brand, it will expand to offer its services to start-ups in Limerick and Clare. It is now one of four Irish BICs funded by Enterprise Ireland to grow and support start-ups that have high growth potential and can contribute to economic development in their areas.

The organisation has worked with start-ups for the past 35 years. In-house experts help entrepreneurs to develop business plans, raise investments, manage business propositions, and arrange agreements with shareholders and investors. They have previously worked with hundreds of start-ups across the south and Mid-West region including Crest Solutions, Workvivo, Poppulo, Abtran, Green Saffron, and AventaMed.

AxisBIC chief executive Larry O’Donoghue said: “We have been working with innovative entrepreneurs and providing support and essential business expertise to hundreds of start-ups in Cork and Kerry over the last 35 years. 

We are excited to develop and grow these collaborations with entrepreneurs in Clare and Limerick."

Minister for Enterprise Simon Coveney said: “This expansion is a great reflection of AxisBIC’s commitment and dedication to its clients and their development and I support the endeavours of AxisBIC as they help to develop innovative entrepreneurs across the south and Mid-West region.”

Crest Solutions founder and director Frank Madden said: “CorkBIC offered invaluable support to Crest Solutions [now Catalyx] and enabled us to create a great business from our vision. Starting a new business can be an extremely daunting experience but the team at CorkBIC helped us to navigate the many challenges we faced and were a huge part of our success."