The centre was established in 2009 by the JFK Trust to serve and promote the local business community. With the assistance of InterReg funding the listed building that is 35 South Street, New Ross was reborn with a modern purpose.

Over ten years have passed since The Rising Tide first opened its doors to local entrepreneurs. The business centre now occupies three buildings on South Street and has updated its offerings to reflect current needs.

John F Kennedy was often heard to use the phrase "a rising tide that lifts all boats" when talking of the economy. It pointed towards a vision still valid today, that economies and businesses thrive and prosper best when working together.