Organization · Incubator
Propelor BIC
Propelor BIC is a business incubation center in Waterford, Ireland, supporting high-potential startups and SMEs through consultancy and incubation services.
Overview
What Propelor BIC does
What Propelor BIC is
Propelor BIC is a business incubation center in Waterford, Ireland, supporting high-potential startups and SMEs through consultancy and incubation services.
How it participates in the startup ecosystem
The current public profile supports program host and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Incubator
- Founded
- Founded in 1995
- Approximate age
- About 31 years
- Structured capabilities
- Program host · Community
- Last reviewed
- April 2, 2026
What Incubator means
An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.
Open the glossary entryOfficial channels
Find Propelor BIC elsewhere
Open the official website or a supported primary organization account.
Capability profile
Propelor BIC as a program host
Program thesis
Propelor BIC has been supporting entrepreneurs and startups for over 25 years, specializing in business consultancy and active incubation services for innovative startup founders in the South East region of Ireland.
Focus narrative
Propelor BIC focuses on high-potential startup projects, offering services that include business planning, investor readiness, and support for securing funding from Enterprise Ireland's Pre-Seed Start Fund (PSSF) and High Potential Start-Ups fund (HPSU). They deliver a suite of national startup programs in collaboration with other Irish BICs, providing bespoke investor-readiness support designed to fast-track early-stage companies through critical growth stages.
Value and support
Propelor BIC offers tailored consulting services, accelerator programs, and investor readiness support to help startups navigate the early stages of growth and secure funding.
Availability
- Application state
- Not published
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- EuropeNorth America
Alumni and track record
Alumni context
Notable portfolio companies include: Bean & Goose: A chocolate-making company focused on sustainability, which has expanded into the UK market. Eirgen Pharma: A pharmaceutical business specializing in high potency oral dose medicine for human and veterinary use, known for producing cancer chemotherapy drugs. HaloCare: A company that provides non-intrusive, contactless technologies for aged care, which became an Enterprise Ireland HPSU. Klearcom: An AI-based customer call path testing platform that assists organizations with real-time contact center testing. PlantQuest: A company that digitizes large facilities for improved site operations and data-driven decision-making. Loanitt: A fintech startup that provides digital credit application solutions and has become Ireland’s largest car finance intermediary.
Capability profile
Propelor BIC as a community
Community overview
Propelor BIC has been supporting entrepreneurs and startups for over 25 years. Based in Waterford, Ireland, the organization specializes in providing business consultancy and active incubation services to innovative and ambitious startup founders across the South East region, including Carlow, Kilkenny, Laois, Offaly, Tipperary, Waterford, and Wexford.
Community focus
Propelor BIC focuses on high-potential startup projects, offering services that include business planning, investor readiness, and support for securing funding from Enterprise Ireland's Pre-Seed Start Fund (PSSF) and High Potential Start-Ups fund (HPSU). They deliver a suite of national startup programs in collaboration with other Irish BICs, providing bespoke investor-readiness support designed to fast-track early-stage companies through critical growth stages.
Member value
Members benefit from tailored consultancy, access to funding opportunities, and participation in structured accelerator programs designed to enhance their business readiness and growth potential.
Membership
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- moderate
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Founders · Investors
- Benefits
- mentorship and network-access
- Program types
- incubator, accelerator, and community
- Selection criteria
- open and application
- Stages
- Pre-seed · Seed
- Regions
- Europe · Ie
Community activity
- Annual events
- 1
Events and activity
The Big Pitch is an annual flagship event where startups compete for a cash prize, with mentorship provided by experienced entrepreneurs. The 2025 event took place at the Theatre Royal, Waterford.
Notable members
Notable portfolio companies include Bean & Goose, Eirgen Pharma, HaloCare, Klearcom, PlantQuest, and Loanitt.
Common questions
What to know about Propelor BIC
Upseed classifies Propelor BIC under the Incubator organization type. Its current public profile includes program host and community capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 2, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.