AxisBIC was formed in 1988 with the support of the European Commission, Cork Chamber of Commerce and the public sector (local authority, statutory agencies and University/Colleges).
AxisBIC is dedicated to affirming the viability of ideas and offering comprehensive support to entrepreneurs on their journey to success. Each business concept undergoes meticulous examination to ensure its robustness.
Any identified gaps are strengthened through the expertise of our dedicated team, supporting entrepreneurs in building a foundation for sustainable success.
AxisBIC was licensed by the Commission as an EC-BIC in 1994 and has been regularly audited on behalf of the Commission and the CSF for Ireland. AxisBIC is part of a network of 150+ BICs throughout Europe, The European Business & Innovation Centre Network (EBN).
AxisBIC works as a hands-on catalyst or project developer in infrastructure gap initiatives.
Examples are:
- AxisBIC with the 2 main Universities; University College Cork, and Munster Technological University together with Enterprise Ireland initiated the Graduate Enterprise Programme, (later Genesis, now New Frontiers) - a 12 month rapid incubation programme that has now fast tracked nearly 200 companies.
- Partner in the IGNITE Programme in UCC - IGNITE is an incubation centre in University College Cork for higher education graduates
- AxisBIC initiated in 1997 an industry association called it@cork (now Tech Industry Alliance) for IT professionals to develop the region as a centre of IT excellence.
- The Atlantic University Alliance of 3 established Universities coming together to develop a cross region Technology Transfer Initiative.
- Working with the Regional Authority and Cork Councils AxisBIC initiated the €12m Euro National Software Centre project, financed between the public and private sector.
- Digital Buildings Telecom Access Guidelines for Cork Docklands (2009)
- AxisBIC conducted a Tier 1 Datacentre Commercial Feasibility Study for a new Tier 1 International Subsea connection between Ireland and International Networks (2012)
- The Electronics Industry Linkage Programme, connecting SME suppliers to multinationals