Project description
Business opportunities in the space sector
The future space sector will create opportunities for European space SMEs to improve their solutions and increase their marketisation. The EU-funded SUN project will implement a multidimensional concept to augment the commercialisation of space-enabled solutions and growth of European start-ups and scale-ups in space downstream and upstream sectors. The project will organise 6 hackathons involving at least 90 start-ups and 12 roadshow events for SMEs, for 480 stakeholders. These events will target industries that can most benefit from space technologies, such as telecom, mobility and agriculture. The project offers entrepreneurs, start-ups and scale-ups the opportunity to join mentoring programmes for advancing their innovation readiness level and gaining access to finance.
Objective
SUN (Space hUb Network) aims to increase the commercialization of space enabled solutions and growth of European start-ups and scale-ups in space downstream and upstream sectors by implementing a multi-dimensional concept. To increase the number of space applications being developed as well as involve SMEs into space sector, project will organize 4 Hackathons (at least 200 participants) and 9 Roadshow events for SMEs (attended by 480 stakeholders). In order to complement (instead of competing) existing European initiatives, these events will target stakeholders of specific industries that can mostly benefit from space technologies, for example, telecom, mobility, agriculture. Space entrepreneurs (at pre-startup stage), start-ups and scale-ups will receive an opportunity to participate in mentorship programme. SUN will be implementing 3 types of mentorship programmes based on the IRL & TRL level of each participant. In total, 80 start-ups and scale-ups will participate in mentorship programmes. Main goal of it will be to help startups advance their IRL and get access to finance. SUN will also conduct extensive ecosystem mapping and will aim to build bridges among current local and international initiatives supporting space start-ups and scale-ups. SUN will complement the initiatives by matching them with space entrepreneurs. Consortium has been formed to involve organizations specializing in space technologies and applications, incubation and business support, technical support, start-ups and community building. Project activities will take place in 6 countries (Austria, Ireland, France, Lithuania, Poland, Romania) but will target start-ups and scale-ups on pan-European level.
Keywords
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
010601 Bucuresti
Romania