INNOspace Masters ESA BIC Startup Challenge Open for Registration

The INNOspace Masters ideas competition is looking for innovative ideas and solutions for the next space generation until 16 February 2018 under the motto “Space Moves!” in its various categories.

The ESA BIC Startup Challenge, jointly powered by the ESA Business Incubation Centres (BICs) Bavaria and Darmstadt, is specifically tailored to SMEs, startups, research teams and students. It is scouting the best new business ideas and -models. The technology transfer ideas from Earth into space and vice versa could include:

  • Mobility applications/solutions
  • Innovative optimisation solutions
  • Increased efficiency and customer orientation solutions
  • Components or subsystems
  • Or any other ideas in the space sector

The overall objective of the INNOspace Masters ESA BIC Challenge is to support startups with their successful entry into the space market at ESA BIC Darmstadt or ESA BIC Bavaria.

The incubation programme is designed to help establish a new company and acquire customers with a new space product or service within two years. Check out the benefits:

  • The winner will receive support in developing a viable business concept
  • The winner will receive support in preparing an application for one of the two German ESA BIC facilities with the opportunity of EUR 50,000 in funding.
  • The ESA BICs also offer access to a Europe-wide network of experts, which can assist the winner in both the technological and business-related aspects of the young company’s development.

The European Space Agency’s two business incubators in Germany have already supported the foundation of over 200 companies in their effort to promote the transfer of space technologies to countless areas of commercial application. These include new materials, Earth observation, logistics, medical technology, mobility, navigation, and big data to name just a few.

You could be the next one with your business idea! Make it happen and register now for the ESA BIC Challenge of the INNOspace Masters. All winners will be awarded live on stage during the Awards Ceremony on 5 June 2018.

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