17 June 2016, Cork BIC announced that their Startup clients have created 670+ NEW jobs during 2014 and 2015.
Launching their 2015 Review in the Port of Cork, CorkBIC CEO Michael O'Connor who has been recently appointed to the board of EBAN (The European Trade Association for Business Angels, Seed Funds and Early Stage Market Players) said that “2015 was an exciting year for Cork with many great initiatives including landing the first subsea fibre in 12 years from London to New York, a project that CorkBIC was delighted to develop alongside many partners. The South West region, and Cork in particular has always had a great entrepreneurial culture and is one of the leading startup capitals in Europe. This is due in no small part to the infrastructure and support that has been created by Enterprise Ireland and the local authorities of Cork City and County Councils.”
In 2015 CorkBIC worked with 88% of all HPSUs in the South West region. The event at the Port of Cork is part of the Growth Pathway Programme* which is focussing on building the next generation of high performance companies and is supported by Bank of Ireland, Cork City Council and Cork County Council.
CorkBIC Initiatives in particular the Entrepreneur Experience® and the Venture Academy® have assisted 165 companies, developed 45 HPSUs (High Potential Startups) and raised over €41 million in investment over the past 6 years.
*The Growth Pathway programme is a unique process involving SMEs, Start-ups and top Irish business leaders focused on building the next generation of high performance companies. Thanks to the support of partners Bank of Ireland, Cork City Council and Cork County Council.
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