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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

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

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

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Coordinator

UNIVERSIDAD CARLOS III DE MADRID
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.

€ 304 555,00
Address
CALLE MADRID 126
28903 Getafe (Madrid)
Spain

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Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
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.

€ 304 555,00

Participants (6)

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