ESA BIC To Open A New Space Startup Incubator In Denmark

The European Space Agency in collaboration with partners from the Technical University of Denmark, Aalborg University and Aarhus University will open the first European Space Agency Business Incubation Center (ESA BIC) in Denmark in 2020.

The brand new ESA BIC Denmark will start taking applications from Danish startups at the beginning of 2020. Selected startups will receive a free-of-charge package of business, technical and financial support during the 2 years of an incubation period. The package will include:

  • Up to 80 hours of technical support for each start-up from ESA and national knowledge partners
  • €50.000 in financial incentives for each start-up to support the development
  • Business development support provided by regional ESA BIC hubs
  • Facilitated access to financing opportunities for the start-ups
  • Assistance in finding partners and launch business internationally through the extensive ESA BIC network
  • Office space and logistics support at attractive rates at regional science parks

In addition, ESA BIC Denmark will work with existing Danish SMEs and larger companies, to support them in tapping into the innovative space sector. In collaboration with Danish CenSec and its Inno-Sec initiative, ESA BIC Denmark will focus on promoting innovation, knowledge sharing, and technology adoption through facilitated collaboration with ESA BIC start-ups. It will also help to integrate companies’ ecosystem of customers, suppliers and partners by collaborating with the over 750 ESA BIC start-ups from the European-wide network.

ESA BIC Denmark thus completes ESA BIC expansion in all Nordic countries, including Norway, Sweden, Finland, and Estonia. The ambition is to engage not only Danish ESA BIC start-ups in collaboration with industry, but also start-ups from other ESA BICs across Europe. ESA BIC Denmark sets the milestone of having at least 40 new high-tech companies across its three hubs in the next five years upon the opening.

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