Start-Ups Supported by Irish BICs Received €34 Million in Funding Last Year

May 14, 2026

Start-upsaround the country supported by Irish BICs (Business Innovation Centers)received €34 million in funding in 2025. This was made up of €26.5 million in InnovativeHigh Potential Start-Up (iHPSU) funding and €7.5 million in Pre-Seed Start Fund (PSSF) funding.

The Irish BICs Annual Report for 2025 also shows that the group supported 110 start-ups in their applications for iHPSU and PSSF funding last year.

Irish BICs support start-ups to access funding, mentorship and specialised resources and ismade up of four regional organisations including AxisBIC, Furthr, Propelor BIC and WestBIC. With over 35+ years of experience, the Irish BICs have supported thousands offounders in accessing funding, developing strategy, and scaling internationally.

Some of the companies supported by the group in 2025 include Valentia Island Vermouth, Reso Health, ALPACA, and Silicate.

The findings of the annual report have been released ahead of this year’s Dublin Tech Summit, where the Irish BICs will showcase and lead the first ever Accelerate Hub. Dublin Tech Summit 2026 takes place in the RDS in Dublin on Wednesday 27th and Thursday, 28th of May. This will serve as a dedicated space on-site, connecting entrepreneurs with a network of advisors, mentors, and service providers. The initiative aims to provide practical, hands-on support across key areas of business growth, including funding, validation and scaling.

Alongside the hub, the Accelerate Stage, powered by the Irish BICs will feature a specially crafted programme of content coveringthe most pressing topics for founders in 2026. Sessions will explore areas such as raising funding, scaling sustainably, navigating competitive markets, andleveraging ecosystem support to accelerate growth.

To further support early-stage companies, Dublin TechSummit has also introduced a

dedicated startup ticket offering of €145 ex. VAT (RRP€445). Available here.

Speakers will include:

●     Mark Little, Tech Entrepreneur, Former ForeignAffairs Broadcaster & Journalist

●     Barry Downes, Managing Partner, Sure ValleyVentures (SVV)

●     Rena Maycock, Founder, Chirp

●     Faye Walsh Drouillard, Founder & GeneralPartner, WakeUp Capital

●     Liam Dunne, CEO & Co-Founder of Klearcom

 

Chair of the Irish BICS, Martin Murray CEO of Furthr, said: “For the Founders of highly-innovative start-up and scale-up enterprises, the pace of change has never been so fast, the level of disruption has never been so great. Technological, geopolitical, financial and social change are impacting every aspect of what you do. In this environment, even successful serial entrepreneurs require guidance, mentoring and support. The Irish BICs have been providing that support for almost 40 years. If you're a Founder with big ambitions, come and talk to us at the Accelerate Hub. We work pro bono, so the only thing we are focused on is your success.”

The four Irish BICs are:

●     AxisBIC -Clare, Cork, Kerry and Limerick

●     Furthr -Cavan, Dublin, Kildare, Louth, Meath, Monaghan and Wicklow

●     PropelorBIC - Carlow, Kilkenny, Laois, Offaly, Tipperary, Waterford and Wexford

●     WestBIC -Donegal, Galway, Leitrim, Longford, Mayo, Roscommon, Sligo and Westmeath