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European Space Incubator is a
European Space Agency initiative which aims to stimulate and promote new
ventures with innovative ideas of how to use space technology and systems in
non-space markets. The European Space Incubator (ESI) was developed by ESA's
Technology Transfer Programme (TTP). It started in 2003.
European Space Incubator (ESI)
aims are:
*
To promote
and accelerate the creation of new enterprises that exploit the results of space
projects.
* To help
transform mere business cases into comprehensive business plans, validate
technologies, advise on intellectual property rights, build dream teams, assess
market opportunities, provide coaching, and much more.
* To
facilitate access for entrepreneurs to various ESA resources (including
office-space, funding support, technical expertise and research facilities).
* To provide
gateways for entrepreneurs to well-established international networks of venture
capitalists and industrial organisations (both space and non-space) and to
international markets.
* To develop
an ESI incubation brand such that it will be recognised as a guarantee of
quality by the finance community.
Who can Apply?
ESI incubation offers are targeted to
start-up business projects involving a qualifying field of activity and
currently in early-stage development (which ranges from the first idea concept
through start-up incorporation to the second-stage raising of capital).
Only proposed start-up business ideas
which incorporate the following criteria will be considered by ESI for potential
incubation:
* It must be based on a transfer of
space technology to, or utilisation of a space system in, a non-space
environment.
* There must be a real intention to create a new business and it must be a valid
business concept (ie. existing identifiable market, technical feasibility,
reasonable expectation of profit, etc).
* It must not create new competition to existing space companies in space
markets.
* It must be deontological, non-military, comply with ethical guidelines and must
adhere to the ESI Code of Conduct and all ESA policies.
Such start-up projects could be
initiated by research centres or universities, space or non-space companies, or
individual entrepreneurs.
European Space
Incubator Selection Process
Before becoming eligible for
incubation within the European Space Incubator (either physically or virtually
via co-incubation with an ESINET partner) applicants must pass through each of
the following steps of the ESI selection procedure, in sequential order:
1. Submission of business idea to ESI.
2. Assessment of business concept by Evaluation Board.
3. Invitation to present formal business proposal to ESI Selection Committee
4. ESA/ESI incubation offer extended to and accepted by successful' applicants
for physical incubation at the ESI facility or at one of the other Incubator
facilities within ESINET
5. Entry into the Incubator
The
following ESA resources can be made available to ESI Incubatees, both physical
(including Co-Incubatees) or virtual, with subsidy support schemes possible,
depending on their specific needs:
1. Office Space and Shared Facilities
A private office rental within the ESI building on
ESTEC premises is offered to physical Incubatees for the full duration of the
incubation period at a low rental rate.
2.
Seed-Funding
Access to funding can be facilitated by both
internal and external sources. Contributions to pre-seed funding for start-up
initiatives may be possible through ESA supporting programmes if applicable such
as: Technology Transfer & Promotion Office (TTP), Open Call for Commercial
Proposals for ISS, Telecom SMEs and Start-up Project Initiative and others.
3.
Business Support
ESI offers tailor-made services, effective
training, and professional advice to its entrepreneurs and assist to optimise
the Incubatee's business plan and prepare presentations for targeting investors
or for equity capital symposiums.
4. Space
Technologies
ESI can help prospective Incubatees, even during
the submission phase of their business idea, to search for a space-based
solution for their down-to-earth product or service idea.
5. Laboratories and
Technical Workshops
ESTEC is responsible for the management of all
ESA space projects of the following directorates:
- Directorate of Applications (executes ESA¡'s
Earth Observation, Telecom and Navigation programmes)
- Directorate of Manned Spaceflight and Microgravity (co-ordinates European
contributions to the International Space Station, including the Columbus
Laboratory, the Automated Transfer Vehicle and the European Robotic Arm)
- Directorate of Space Science (responsible for ESA's Science Satellites and
research in the exploration of the
solar system, astronomy and fundamental
physics).
6. Test
Center
ESTEC Test Facilities provide a wide array of
highly-specialised facilities for testing vehicles and systems prior to launch
and space operation.
7.
Concurrent Design Facility
The Concurrent Design Facility (CDF) is a
state-of-the-art facility at ESTEC equipped with a network of computers,
multi-media devices and software tools, which allows a team of
multi-disciplinary experts to apply the concurrent engineering method to space
mission design. It facilitates a fast and effective interaction of all
disciplines involved, ensuring consistent, high-quality results.
ESI, European Space Incubator
Info
P.O.Box 299
NL-2200 AG Noordwijk
The Netherlands/
Tel.: +31(0)71 565 4711
Fax.: +31(0)71 565 3854
http://www.esa.int/esi
ESI is located on the site of ESTEC, the European
Space Agency's research and test centre in the Netherlands.
Useful Books
The Entrepreneur's Success
Kit : A 5-Step Lesson Plan to Create and Grow Your Own Business by
Kaleil Isaza Tuzman
From
Amazon.com,
Amazon.co.uk,
Amazon.ca
Business Start-Up Kit
by Steven D. Strauss
From
Amazon.com,
Amazon.co.uk
Inspirational Magazines
Entrepreneur
From
Amazon.com
Fortune
From
Amazon.com
European Space Incubator
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