Start-ups Using Space Tech Invited To Apply To ESA Space Solutions Centre
9th September 2016
WMB is all about highlighting and encourage women in STEM through our Fexco WMB Woman in Technology Award. So we were delighted when we heard the news from ESA Space Solutions Centre Ireland inviting funding and support applications.
Irish start-ups that use space technology in both terrestrial and space exploration contexts are being invited to apply to the new ESA Space Solutions Centre Ireland for funding and support. The centre is led by Tyndall National Institute in Cork in partnership with Athlone Institute of Technology, Maynooth University, and Irish Maritime and Energy Research Cluster.
Funded by the European Space Agency and Enterprise Ireland, it aims to support the application of technologies developed for space to solve challenges on Earth and beyond. The centre is one of 14 ESA BICs (ESA Business Incubation Centre) in Europe, which work to inspire entrepreneurs to turn space-connected business ideas into commercial companies.
The centre has two strands, providing enticing opportunities for both new and established companies. Each of the 25 start-ups that successfully apply will receive €50,000 in seed funding, along with expert technical assistance and opportunities to access other funding mechanisms. The centre will also offer ten rounds of €40,000 funding to support technology transfer for established companies that want to develop demonstrators for new products and services using space technology. Companies can work from any of the four host institutions.
“Speaking at the event Minster for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD said “I am delighted to launch the ESA Space Solutions Centre Ireland. The centre will give Irish entrepreneurs and start-ups a unique opportunity to access the funding, expertise and networks they need to grow their businesses and create jobs. We are proud of the fact that four of the country’s leading science and technology institutions are at the forefront of such an innovative and exciting initiative. With the support of the European Space Agency, Enterprise Ireland and the Department of Jobs, Enterprise and Innovation, Ireland can look forward to the rapid expansion of the Irish space sector in the coming years.”
Julie Sinnamon, Enterprise Ireland CEO, stated that Enterprise Ireland is delighted to be partner with the European Space Agency in supporting the development of high potential start up companies in this emerging sector, through the ESA Space Solutions Centre. Enterprise Ireland will bring its resources to the partnership to assist start- up companies in the development of new products for the global space market, supporting export sales and job creation, with a strong focus on regional entrepreneurship.