European Space Incubator Supports Entrepreneurs

April 4, 2005

Paris, 01 Apr 2005

Entrepeneurs with innovative ideas of how to use space technology and systems in non-space sectors can be helped by ESA's European Space Incubator. Started in 2003, it has already helped to create 25 new start-up companies. ESA's Technology Transfer Programme (TTP) developed the European Space Incubator (ESI) to make access to finance, business services and office space easier for European entrepreneurs. It supports selected start-up companies by providing operational services and know-how in a state-of-the-art space environment. ESI is located on the site of ESTEC, the Agency's research and test centre in the Netherlands. "ESI helps to accelerate business start-ups and acts as a catalyst in creating companies that use space technology and systems in non-space fields," says Pierre Brisson, Head of ESA's Technology Transfer and Promotion Office.

"Over the years, Europe, including ESA and its 16 Member States, together with Canada which is a Cooperating State, has invested more than €150 000 million in space technology research and development. This is an enormous resource of innovative technology with a huge potential for use in non-space sectors to improve daily life, increase European industrial production and global competitiveness, and generate new companies and jobs."

Supporting entrepreneurs There has been an amazing interest in ESI from inventors and around five new proposals are received every month. Each is assessed by an evaluation board consisting of ESI management, ESTEC experts and financial specialists.

The most promising proposals are sent to the ESI selection committee, which meets every three months. So far, of the 35 projects presented to the selection committee, 25 have been chosen, 15 of which are now in the 'incubation phase'. The next 10 should begin in the next few months.

"We can already see the benefits of being located at ESTEC," says Bruno Naulais, ESI Manager. "The entrepreneurs have easy access to ESA's specialists for advice on how to make the best use of space technology, and to improve and finalise their ideas. It is essential to resolve any problems as early as possible in the process so as to turn ideas into actual viable businesses.

"Now, after two years of operation we can really see how efficient our system works and how well the 15 projects progress. I am convinced we will meet the goal for ESI to start 65 new companies by the end of 2006." Joining ESI ESI is now inviting more entrepreneurs to forward proposals for innovative use of space technology.

To be considered, business proposals must exploit space technologies or systems, and target non-space sectors. In addition they should be in one of the following categories:

  • space technology transfer to launch new and innovative products for non-space markets, e.g. biotechnology, automotive, textile, health, environment sectors

  • new services making use of space systems' functionality and information for areas such as Earth observation, navigation, localisation, telecommunications

  • generic systems for better use of space systems on Earth, e.g. very small aperture terminals, remote terminal units, fixed and hand-held systems.

If you would like to know more, visit the ESI website, http://www.esa.int/esi, or contact:

Pierre Brisson
Head of ESA Technology Transfer & Promotion Office
Tel: +31 (0)71 565 4929
Fax: +31 (0)71 565 6635
Email: pierre.brisson@esa.int

Bruno Naulais
ESI Manager
Tel: +31 (0)71 565 4711
Fax: +31 (0)71 565 6635
Mobile: +31 653 950 400
Email: bruno.naulais@esa.int

European Space Agency
http:///www.esa.int/export/esaCP/index.ht ml
Item source: http:///www.esa.int/export/esaCP/SEMHQASM D6E_index_0.html Previous Item Back to Titles Print Item Selection and Arrangement Copyright © 2004 Public Info .Net Ltd.

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments