Frequently Asked Questions
What is the Go2Space-Hubs Project?
Go2Spaces-Hubs is a European Project with the objective to secure the creation and up-scaling of European businesses, offering technology and services in and from the space sector. This will be achieved through the creation of 3 new Space hubs in Coimbra, Madrid and Tallinn.
What type of projects are we looking for?
Go2Space-HUBs will work with 4 defined thematic areas:
– ‘Space-related projects for a digitalized Europe’ (e.g. Big Data, IoT, Smart Cities; Smart transport)
– ‘Space-related projects and applications to solve the Sustainable Development Goals’ (e.g. low carbon future, social impact)
– ‘Space-related projects in Defence & Security’ (e.g. Cyber, Military, Big Data, Fintech)
– ‘Spacetech Excellence’ (Space Upstream & Downstream Sector)
What is the Acceleration Program?
The Acceleration Program aimed at more established start-ups and/or scale-ups to help improve market-fit of their products and/or services and facilitate growth (e.g. increase market share or identifying possible new target markets through spinning-in/-out).
What is the Incubation Program?
The Incubation Program aimed at aspiring entrepreneurs and/or early stage start-ups to support prototyping and product development, build scalable business model, improve product-market fit with first traction, launch the product through effective marketing and sales, develop investor readiness during 1 year.
Who can apply to the Acceleration Program?
The Acceleration Program is targeted at start-ups and scale-ups in the space sector, i.e., is understood like a small business that have just started or that is in the growth phase, whit the objective to grow their business: capture new opportunities, entering into new markets, improving product-market fit, achieving customer growth, securing necessary funding for growth…
Who can apply to the Incubation Program?
The Incubation Program is targeted at aspiring entrepreneurs facilitating the creation of new start-ups and/or early stage emerging start-ups in the space sector.
I have a start-up in the space sector. Why should I apply the Acceleration Program?
If you have a start-up or a scale-up the Acceleration Program offers you an intensive training (3 months) and individualized coaching in: market readiness; investment readiness; reinforcing your technology base; reviewing operations managements… You will have access to networking activities with experts and events on the space sector where the startups/scalups can present their projects to potential investors and other possible collaboration partners.
I have a start-up in the space sector. Why should I apply the Incubation Program?
The Incubation Program offers you an intensive training during 1 year and individualized coaching in: prototyping, product development, business model, financing, product-market fit, sales and marketing, investment readiness.
Each team is assigned a key coach, product development and marketing mentor if needed.
You will have access to networking activities with experts and events on the space sector where the teams can present their projects to potential investors and other possible collaboration partners.
Best teams will receive external specialized services worth of 4000€ in each program and the possibility to take part to the Investment & Partnering European Event.
What are the selection criteria in the Acceleration Program?
In order to validate the start-ups, the following criteria will be considered:
– Business maturity
– Feasibility and scalability
– Competitive advantage
– Window of opportunity
What are the selection criteria in the Incubation Program?
In order to validate the entrepreneurs/start-ups, the following criteria will be considered:
– Dedicated team in place (minimum of 2 persons)
– Relevant positions covered based on the business idea
– Technological and scalable business idea to work on
– Development phase from idea to prototype
– Product-market fit
– Potential, competitive advantage
– Looking for partnership or investment
Can I apply to more than one program?
You only need to submit one application. Within your application you can choose the choice program.
How can I apply for the open call?
You can apply for the call through the following link: https://go2space-hubs.eu/call/application-form/
What is the deadline for submission of the application in the Incubation & Acceleration Programs?
This common call has different cut-off dates for each HUB.
In the HUB Madrid:
– July 15, 2020
– August 20, 2020
– September 10, 2020
In the HUB Coimbra:
– June 19, 2020
– October 16, 2020
In the HUB Tallinn:
– August 9, 2020
After that dates, no applications will be accepted.
Can I apply to programs not in my country?
You can apply to any program. This is a European project and we have contact in the differents country. This could be a new opportunity to growth and contact with other companies.
However the project does not foresee covering any travel or accommodation expenses of the participating teams.
Can I apply if I have and interesting idea but I don’t have a start-up?
Of course, YES. You can apply one of the incubation programs.