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CORDIS

Generating new sOlutions 2 and from Space through effective local start-up HUBs

Project description

On a mission to create new space hubs on Earth

The creation of three new space hubs in Spain (Madrid), Estonia (Tallinn) and Portugal (Coimbra) will boost local entrepreneurship/business ecosystems and networks. The three new hubs have extensive experience in providing support to start-ups. This is the mission of the EU-funded Go2Space-HUBs project. The objective is to secure the creation and up-scaling of European businesses, offering technology and services in and from the space sector, ensuring value creation and innovation through cross-fertilisation, training, and locally owned and driven networks and initiatives that connect effectively with existing EU initiatives. Go2Space-HUBs includes the incubation of 20 entrepreneurs/early-stage start-ups, acceleration of 20 established start-ups/scale-up, and demo days to present their solutions to investors and partners.

Objective

The objective of the Go2Space-HUBs proposal is to secure the creation and up-scaling of European businesses, offering technology and services in and from the space-sector, ensuring value creation and innovation through cross-fertilization, training and locally owned and driven networks and initiatives that connect effectively with existing EU initiatives.
This will be achieved through the creation of 3 new Space Hubs in Madrid, Tallinn & Coimbra strengthening local entrepreneurship/business ecosystems & networks. The 6 consortia partners represent key players in the local and regional start-up ecosystem. The 3 new HUBs have extensive experience in providing support to start-ups and will be supported by entities that are: experts on investor readiness & access to finance services; technology transfer, in addition to an aerospace cluster representing SMEs from all the relevant space-segments.
The project responds effectively to the work programme by including a range of new local initiatives for entrepreneurs, start-ups, scale-ups and SMEs, building bridges to EU activities, and designed to secure the creation of new start-ups & to help start-ups and scale-ups grow. The uniqueness of GO2Space HUBs relies upon a process through 4 phases: AWARENESS, SUPPORT, SCALE AND SUSTAINABILITY.
Go2Space HUBs includes: Incubation of 20 entrepreneurs/early stage start-ups; acceleration of 20 established start-ups/scale-up; Demo-Days to present their solutions to Investors and partners; Innovations Days; B2B events to facilitate spinning-in/-out; Organization of Hackathons; Joint-applications to the Copernicus incubator; An “Up-scaling engine” to help a range of local scale-ups and SMEs secure more efficient growth, introduction to existing space recourses; identifications of barriers to investments in space; Targeted training on access to private and public finance & Final Investment & Partnering event with participants from all the 3 HUBs.

Keywords

Programme(s)

Topic(s)

Funding Scheme

CSA - Coordination and support action

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Call for proposal

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

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Coordinator

UNIVERSIDAD CARLOS III DE MADRID
Net EU contribution
€ 304 555,00
Address
CALLE MADRID 126
28903 Getafe (Madrid)
Spain
Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Higher or Secondary Education Establishments
Links
Total cost
€ 304 555,00

Participants (6)