HORIZON-EIC-2023-iCapitalPrize - The European Capital of Innovation Awards
EU Prizes: Application form (prizes) The European Capital of Innovation Awards: V1.0 – 08.03.2023
CorkBIC works closely with Enterprise Ireland to prepare and support High Potential Start-Up (HPSU) Companies. HPSUs are start-up businesses with the potential to develop an innovative product or service for sale on international markets and the potential to create 10 jobs and €1m in sales within 3 years of starting up .
Raising Investment
Most start-up businesses need external funding to get off the ground. CorkBIC help start-ups to develop a well-tested business plan that identifies how to harness the opportunity and what funding might be required and plays a hands-on role helping each entrepreneur navigate the minefield of raising finance, sorting out business propositions and arranging agreements with shareholders and investors. To fund a business plan there are a myriad of investment possibilities from Angel Investors, VCs, tax rebates and exemptions, to grants, loans, equity investments and hiring incentives. CorkBIC helps and advises entrepreneurs to choose the best option for them and their start- up businesses.
CorkBIC Growth Pathway Programme
The Annual CorkBIC Growth Pathway programme is unique, involving SMEs, Startups and a network of experienced Entrepreneurs focused on building the next generation of high-performance companies. Three key elements run annually: The Entrepreneur Experience ™ , The Celebration of High Growth Startups & The Venture Academy® as well as associated activities, training, pitching and client planning. Cork City Council is one of the founding partners alongside Cork County Council. To date the Growth Pathway initiatives have assisted 380 companies, creating 80 HPSUs, with 110 companies raising over €130 mill ion over the past 11 years. Within the Growth Pathway, the power to achieve strategic change within scaling companies is having an impact. This creates employment and a strong culture to build sustainable Cork businesses like Crest Solutions, Poppulo and Compliance and Risks. The Entrepreneur Experience ™ is a unique event for 24 High-Growth & Scaling Entrepreneurs to gain unparalleled access, advice and mentoring from 24 of Ireland’s most successful business leaders over 24 hours. The Entrepreneur Experience, over the last 12 years has become one of the key pillars of Entrepreneurship in Ireland supporting over 300 Entrepreneurs from all over Ireland and abroad. To date, 300+ companies have participated, and over €92 million in investment has been raised.
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The 2022 Entrepreneur Experience ™ took place on October 14 & 15 in Cork
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64% of the Emerging Entrepreneurs participating had a female founder or co-founder
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20% were Social, Sustainable and Impact driven businesses.
At The Venture Academy®, pre-screened investment opportunities across all sectors pitch to an audience of Investors & Entrepreneurs. Here the companies get feedback and coaching on their investor
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