The national space incubator ESA BIC Sweden (European Space Agency Business Incubation Centre Sweden) secures funding for supporting another 36 space startups for the next six years and expands when welcoming incubator Ideon Innovation in Lund as its fourth hub.
ESA BIC Sweden is managed by Arctic Business in the northern region in collaboration with Innovatum Startup in the west, Uppsala Innovation Centre in the capital region and newcomer Ideon Innovation in the south. Lund is a strategic choice for the fourth hub because of its geographical location and its close connection to Lund University.
– We act in an environment of networks and relationships with large companies that can support startups in the space industry in many ways. Our ambition is to take regional responsibility for southern Sweden and ensure that companies in space tech are aware of the possibilities with ESA BIC. We hope to be able to help more entrepreneurs and companies grow with the opportunities within ESA BIC Sweden.
– Anders Nilsson, CEO Ideon Innovation.
ESA BIC Sweden offers qualified advice and support to entrepreneurs from research centres, universities, space and non-space businesses seeking to realise their innovative ideas and transfer technologies from space to other areas of the economy. Incubatees are accepted three times a year and can take advantage of up to 50,000 Euros of non-equity funding plus technology, support and advice, attractive co-working spaces and networking. Some of ESA BIC Sweden’s partners are SSC, IRF, Ångströmlaboratoriet, RUAG, GKN Aerospace, AWA, Bergenstråhle & Partners and LTU.
– Incredibly fun that we can land ESA BIC at Ideon Science Park in Lund. It will be really exciting to follow developments in space technology and find new innovations for sustainable solutions to our major challenges we see in society in, for example, energy and materials. We have all the prerequisites in view of the research and entrepreneurial spirit that exists in Lund.
– Lotta Wessfeldt, Interim CEO of Ideon Science Park.