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Empowering innovation intermediaries to generate sustainable initiatives to incentivise and accelerate the commercialisation of space innovation

Project description

Sustainable initiatives for accelerating the commercialisation of space innovation

Innovation intermediaries hold promising potential as agents for boosting space innovation. EU-funded InnORBIT aims to train existing innovation intermediaries in Central Eastern and South Eastern Europe (where there is a lack of established space initiatives) to set-up and run sustainable local initiatives that span across sectors with a view to accelerate the growth of entrepreneurs, start-ups and scale-ups, providing solutions in support of the commercialisation of space. InnORBIT will develop replication guidelines to serve as a practical guide for innovation intermediaries interested in replicating InnORBIT’s methodology and delivering its business support programme within their region, and will also elaborate policy recommendations on how to create enabling environments and innovative financial support frames for space entrepreneurship.

Objective

InnORBIT will support 50 start-ups and scale-ups to grow and commercialise their space solutions via 20 sustainable and effective initiatives. We focus on SEE and CEE countries with vibrant tech ecosystems and industry verticals with great potential for contributing to the commercialisation of space. We anchor our initiatives to innovation intermediaries well-embedded in their ecosystems, starting with a pivotal space technology and industry association in Romania, an intermediary managing 3 high-tech clusters in Greece and a major digital innovation hub in Croatia. Alongside them we co-develop our solutions: a business support programme to help space entrepreneurs in starting and scaling-up their commercial activities and a capacity building programme for training intermediaries to set up and run local initiatives. We then ?train their trainers? and support them to scout, screen and select the start-ups and scale-ups to participate in the initiatives, emphasising the ones with the most promising potential for application areas (e.g. Galileo, Copernicus) or spinning-in/-out. Well-trained experts will assess their needs and co-define the services required for catalysing their growth in synergy with EU actions. Our service portfolio includes trainings, mentoring, networking and support to access financing and funding opportunities. A monitoring and evaluation framework will allow us to collect ample evidence on the performance of our solutions, improve them and follow up to train and engage additional intermediaries in SEE and CEE. We will support over 20 intermediaries to generate their own local initiatives, openly demonstrating and proving the replication potential of our solutions. We will then pack our solutions along with business models and lessons learnt into a replication guide, enabling other intermediaries to replicate them, while also delivering recommendations for more enabling environments and innovative financial support frames for space innovation.

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

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CSA - Coordination and support action

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Call for proposal

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(opens in new window) H2020-SPACE-2018-2020

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Coordinator

Q-PLAN INTERNATIONAL ADVISORS PC
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 261 250,00
Address
11 EL VENIZELOU STR
55 133 KALAMARIA, THESSALONIKI
Greece

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Βόρεια Ελλάδα Κεντρική Μακεδονία Θεσσαλονίκη
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 261 250,00

Participants (9)

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