ESA BIC Start-up Challenge
supported by OHB
The space sector creates innovations that see use in many branches of industry and the most commonplace areas of everyday life. The European Space Agency’s two business incubators in Germany – ESA BIC Darmstadt and ESA BIC Bavaria – have already supported the foundation of over 150 companies in their effort to promote the transfer of space technologies to myriad areas of commercial application. These include new materials, industrial robotics, medical technology, optics, navigation, big data, and cloud analytics, to name just a few.
Meanwhile, the space sector has also begun to profit from technical advancements achieved “on the ground” in a variety of industries, such as microelectronics, material science, and information technology. Space programmes are now also being initiated by innovative start-ups and other private industrial entities.
Supported by OHB System AG the new INNOspace Masters ESA BIC Start-up Challenge was seeking to take this reverse path in calling for new business ideas and models for “Space 4.0”. It was geared in particular toward innovative start-ups that focus on achieving substantial progress in space commercialisation. The Challenge was looking for future concepts in the new space economy that fundamentally improve the efficiency and customer orientation of the aerospace industry at large as well as ideas and potential solutions for enhancing the flexibility and performance of the processes, components, or subsystems involved in space.
The ESA BIC Start-up Challenge was looking for start-ups to be supported in their successful entry into the space market at ESA BIC Darmstadt or ESA BIC Bavaria.
The incubation programme is designed to help you establish a new company and acquire customers with your new space product or service within two years.
- The winner will receive support in developing a viable business concept
- The winner will receive support in preparing anapplication 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.
- In addition the winner will benefit from extensive consulting services provided by OHB System AG, aiming at transforming their business concept into a viable business plan. OHB System AG can draw upon wide experience to be passed on to future entrepreneurs with inspiring ideas.
OHB System AG is one of the three leading space companies in Europe. It belongs to listed high-tech group OHB SE, where around 2,000 specialists and executives work on key European space programs. With two strong sites in Bremen and Oberpfaffenhofen and more than three decades of experience, OHB System specializes in high-tech solutions for space. These include low-orbiting and geostationary satellites for earth observation, navigation, telecommunications, science and space exploration as well as systems for human space flight, reconnaissance and process control systems.