APPLY TO ESA BIC FINLAND AND SPIN YOUR BUSINESS TO NEW HEIGHTS!
WELCOME TO ESA BIC FINLAND
Thank you for your interest to apply to ESA BIC Finland, and welcome! You can apply and incubate your idea with us, at any time, if you use positioning, satellite maps/images or other space assets in your products, or have invented new hardware or software that could be useful for the space industry.
First, it’s important that you meet both the following criteria to be eligible to apply for ESA BIC Finland:
Your startup is less than 5 years old
Your startup is or will be a registered business in Finland
Are you a non-EU team?
You can apply for a Finnish startup visa.
THREE STEPS TO APPLY TO ESA BIC FINLAND
If you are eligible to apply, please read and follow the below steps (01,02,03), to apply to ESA BIC Finland. If needed, you can contact us for further information.
*** We encourage you to complete step two (02) and step three (03) at the same time if you are sure that you have identified your space connection in step one (01) and your business plan. ***
01 IDENTIFY YOUR SPACE CONNECTION
Please identity your own space connection out of the following three types: 1) An upstream space connection; 2) A downstream space connection; or 3) A technology transfer. For more detailed information about the three types, download and read the document below.
Your idea exploits or introduces new technology in the space domain, or you intend to be active as a supplier to the space sector, in one of the following areas (including systems, sub-systems, components, and services):
- Ground systems
- Human spaceflights
Your idea is about utilising space systems or exploiting space technology in a non-space domain (e.g. on Earth) in one of the following areas:
- Satellite Navigation
- Earth Observation
- Satellite Communication
Still unsure about your space connection?
Please download the full documentation to learn more.
02 APPLY FOR FUNDING DECISION TO BUSINESS FINLAND
If you’ve confirmed your space connection by checking our criteria in step one (01), you can now move onto step two (02): Apply for funding decision to Business Finland.
Business Finland is our co-funding partner. The typical (maximum) funding available to ESA BIC Finland companies during incubation is 85.000 EUR consisting of:
– 60.000 EUR from Business Finland (if the company applies and receives positive decision for their Tempo application)
– 25.000 EUR from ESA BIC Finland via Finnish government’s space budget
If Business Finland’s funding is utilized the company must follow Business Finland’s funding terms and conditions related to the funding instrument used.
ESA BIC Finland funding must be used entirely by third parties on the principle of subcontracting into the project.
From ESA requirement is that the co-funding of the incentive (i.e. Tempo-funding from B.F.) has been approved by B.F. before an applicant submits the application. At least an application must have been done. We can not incubate a start-up if co-funding is not granted.
Want to learn more about applying to Business Finland?
Visit their website below for more information about the Tempo funding application.
03 FILL IN THE APPLICATION WITH ESA BIC FINLAND
Please carefully download and review all ESA BIC Finland application documents below as part of step three (03). We can then provide one personalized coaching session to help you complete the application to ESA BIC Finland.
Mandatory documents to submit the application are:
- Cover Letter and Requirement Checklist
- Business Plan
- Incubation proposal
- The applicant(s) shall provide a copy of an official identity document (passport or similar) with this application for each person signing the application. If applicable, a copy of relevant working permits and VISAs shall also be provided.
The latest Application Templates can be downloaded by applying.
Submit your application documents to firstname.lastname@example.org
If you have any questions, you are welcome to contact us.
ESA BIC Finland, Turku Site
(+358) 40 719 2335
ESA BIC Finland selections panel takes place approximately one month after each ESA BIC Finland application deadline.
The timeline shows the journey of the application process:
Ready to fill in the application with ESA BIC Finland?
The application files will be sent directly to your email inbox.