No, you don't need to have already founded a company to apply. However, you must officially establish your company before the signing contract with the incubator.
The incubation lasts either 12, 18 or 24 months and can be defined by you in the application itself.
Yes, but the company must establish a legal entity in Lithuania to be eligible for the program.
Space connection is a key requirement for joining ESA BIC. There are 2 main categories: Downstream and Upstream. To explore the potential space connection in your solution and discuss opportunities, please contact ESA BIC Lithuania team.
The funding can be used for research and development (R&D), IP protection, compensating third-party consultations, employee salaries (excluding shareholders), and, within a defined limit, market research. Please note that the funds must be used exclusively within Lithuania.
Give us a call or send us an e-mail to make contact before you apply. After you have applied, you will within a few weeks get notified if your application meets the basic requirements. If obvious or crucial information is missing, you will get an opportunity to correct this within 48 hours. If you pass, you will get an invitation to give a presentation to the Tender Evaluation Board (TEB) which will be held around 6 weeks after the application deadline. The results of the TEB will be given to you 3 weeks after the TEB. If you are selected you will receive an invitation for contract negotiations for the ESA BIC Lithuania programme.
Yes, you can. Usually, you’ll receive recommendations if you are advised to reapply.
No, ESA BIC operates as a zero-equity incubation program, which means neither the Incubators nor ESA takes equity in the incubated company. But we will request some reporting from you.
Space technologies have become an integral part of our daily lives, often so seamlessly that we hardly notice them—satellite TV, cordless tools, smoke detectors, and more. National space agencies, including ESA, actively develop and support a wide range of technologies, systems, data sets, methods, and patents. These assets hold immense potential for “reuse,” offering opportunities for entrepreneurs, researchers, students, and companies alike. Whether you’re looking to spark a new business idea or give your company a competitive edge, space could be your starting point. Explore the links below for inspiration:l these assets contain enormous “reuse” potential, which is accessible to you, as an entrepreneur, researcher, student or company. Space is the starting point for generating your business idea or providing the innovative edge your company is searching for! See the links below for some inspiration:
