Challenge

Astropreneurs addresses a challenge currently faced in Europe as a consequence of the diferent national and ESA technology transfer initiatives: even if the number of BICs and incubators supporting space related business is growing, it is urgent to inspire more and more entrepreneurs to turn space-related business ideas into commercial endeavours and to promote opportunities for startups coming from space and non-space sectors. For an entrepreneur it is a tough challenge to move from an initial idea to actually develop a successful and viable startup company!

Solution

Astropreneurs’ strategic objective is to support space entrepreneurs by mentoring them on businesses and technical needs, helping them to access private and public funding opportunities, but also to overcome the financial, administrative and networking barriers that are now preventing them to successful operate in the space and space-related markets. To make this happen, two main actions are implemented:

Astropreneurs Space Startup Accelerator: 150 space-related startups are supported with 50 hours average of mentoring/each on business and technical needs, access to private and public funding opportunities, to overcome the financial, administrative and networking barriers that are now preventing them from more success in the commercial phases.
Space Economy “Astropreneurs” Network: To amplify and follow-up that support, a network of relevant stakeholders as industry, investors, space institutions and clusters, but also other non-space skilled incubators is involved to ease the innovation barriers and allow faster markets approaches. Up to 500 entrepreneurs will be reached within this network.

Project Reference

776258

Funding

H2020-COMPET-2017

Location

Europe

Total Cost

1 999 689,5

IPN Cost

347 187,00

EU financial support

347 187,00

Duration

36 meses

Consortium

INSTITUTO PEDRO NUNES;
VERHAERT NEW PRODUCTS & SERVICES NV (Verhaert),;
BRIMATECH SERVICES GMBH (BRI),;
SCIENCE AND TECHNOLOGY FACILITIES COUNCIL (STFC);
AEROSPACE VALLEY (AV);
CESAH GMBH CENTRUM FUR SATELITENNAVIGATION HESSEN (cesah);
AGENTURA PRO PODPORU PODNIKANI A INVESTIC CZECHINVEST
(CZECHINVEST);
Fundacio Knowledge Innovation Market Barcelona (KIM BCN)

Partners

Website

https://astropreneurs.eu/

Keywords

Startups, Space, Entrepreneurship, Mentoring, Network, Space Tech, Satallites, Space Economy

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Astropreneurs Turning space-related ideas into viable businesses and promoting opportunities for entrepreneurs coming from space and non-space sectors