Project description
Creating market avenues for space technology ventures
The overarching goal of the EU-funded SPACE END project is to facilitate market access and upscale Space Tech adoption in the EU market. For this purpose, the project team aims to foster a synergy between the IoT and Space communities, bringing together start-ups, SMEs and entrepreneurs, as well as diverse stakeholders from academia and the public sector. Among the project’s objectives are identifying space technologies with industry potential, as well as industry actors likely to benefit from its use to support commercialisation and growth for the most promising ventures, and create a Europe-wide network of Space entrepreneurs. Projected results over a two-year period include the assisted upscaling of 30-45 initiatives.
Objective
The overall aim is to expand the impact and adoption of Space Tech by bringing together Space start-ups, SMEs, entrepreneurs and the IoT ecosystem to increase commercial relevance of the technologies across industrial sectors and accelerate their access to market and/or scaling. We will achieve this by designing and orchestrating a collaborative ecosystem with adapted tools and instruments that will position a greater number of space-enabled technologies in industrial markets. This ecosystem will be based on a blended community of IoT and Space that brings together a range of stakeholders, large and small, from academia, business and the public sector not just across the three local ecosystems that are directly taking part. The specific objectives are to:
• Identify promising tech generated within the European space ecosystem that are susceptible to being used in Industry.
• Identify SMEs, tech start-ups and founders who could benefit from space technologies through a range of local activities.
• Design and deliver an acceleration programme for early stage space and IoT tech companies.
• Facilitate access to innovative financial support to them consolidate their market offering and grow.
• Increase the commercialisation and industry adoption of space tech.
• Create a Europe-wide network of Space entrepreneurs .
We will start by scouting promising space technologies that can be brought to market from across Europe. Their market relevance will be explored by stakeholders through locally delivered design studios. The ventures with the greatest potential will then be supported through an intensive 3+3 month acceleration programme than will build the founders capacity and further enable them to build and implement their go to market strategies. Over the 2 year period, t240 space and data technologies will be explored; the market potential of 90 of these will be scrutinised and 30-45 startups/ventures will have been helped to scale.
Fields of science
Programme(s)
Funding Scheme
CSA - Coordination and support actionCoordinator
28043 Madrid
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.