South East BIC team pictured at an outreach event
South East BIC (BIC stands for Business Innovation Centre) has been providing supports to innovative enterprise from concept to commercialisation since 1995. If you’re an entrepreneur with an innovative business idea, or an existing business with plans to innovate, expand or internationalise, you should contact South East BIC.
Operating in Waterford, Kilkenny, Wexford, Tipperary and Carlow, the team have extensive business exposure, technical expertise and the commercial and financial skills needed to help entrepreneurs. They are part of an expert network of similar BICs in Ireland and over 200 Business and Innovation Centres throughout Europe.
Here are 5 ways they can help...
1) Project Evaluation
Working on your own, it can be hard to find constructive objective advice and feedback. South East BIC provide:
- General business advice and initial feedback on concepts, business plans, sales and marketing strategies, routes to market, and business models
- Support to clients on feasibility studies to establish project viability
2) Business Planning and Modelling
Business planning is a daunting prospect, whether to critically assess an opportunity or idea or to raise public or private funding. South East BIC assists clients articulate a clear business model, review and coaches the client in the preparation of financial projections and investment documentation in order to illustrate the scale of opportunity that exists. This is achieved throughout a process of business modelling, business planning and strategy development.
3) Active Incubation
For an entrepreneur starting up in business, access to office space together with professional and expert business advice is critical. South East BIC’s Business Incubation Centre, based in the Waterford Industrial Park, provides both space and business development support for start-ups to successfully launch their new businesses. Active Incubation provides the start-up company with space and direct access to onsite qualified business consultants.
4) Sourcing Finance
Funding a new business is one of the greatest challenges facing entrepreneurs. South East BIC can assist in identifying the most appropriate funding methods for your business and help you prepare your business plan to access the most appropriate finance for your stage of development.
There are many sources of finance available to entrepreneurs including but not limited to:
5) EU Network
The European Business & Innovation Centre Network (EBN) was set up in 1984 as a joint initiative of the European Commission, European industry leaders and the first pioneering Business and Innovation Centres. EBN is now the leading non-governmental pan-European network bringing together 200+ Business & Innovation Centres (BICs), and similar organisations such as incubators, innovation and entrepreneurship centres. South East BIC can help clients access this network for support.
For more information
Contact South East BIC today by phone on 051 356300 or by email at info@southeastbic.ie.
Check out South East BIC's website and follow them on twitter.