Last chance to start your Space3ac adventure and apply for financial support

Published: 
30 October 2017
Space3ac gives start-ups working with EO, GNSS and integrated applications access to international mentors and investors and the opportunity to develop their business.

The latest recruitment drive for Space3ac, a three-month acceleration programme for start-ups using satellite technologies to create solutions for the intermodal transportation, oil and gas and insurance sectors, is set to end at midnight on Tuesday, October 31. Interested start-ups with capabilities to solve problems provided by industry partners should “raise their hands” and register (by filling out a short form) on the programme’s website. The recruitment process will continue with interviews and meetings on 20-21 November.

The Space3ac programme aims to solve problems experienced by transportation, oil and gas and insurance industry stakeholders by connecting them to start-ups with new ideas based on Earth observation, GNSS, telecommunications or integrated applications. In addition to PLN 200 000 (EUR 47,000) in cash, the start-ups will receive access to over 40 international technical and business mentors, be given a place to develop their business ideas, and be introduced to investors from all over the world.

Basic space industry knowledge required

The programme is looking for teams that have an early prototype or minimum viable product (MVP) of their solution, with a technology readiness level of at least 2. The teams should also have at least basic knowledge of the space industry and downstream sector and include experts with multidisciplinary skills. You can find all of the terms and conditions for participation here.

Some of the more than 30 problems that the start-ups will aim to resolve include designing and implementing an intelligent monitoring system for the electrical power system at the Port of Gdynia; intelligent surveillance of safe navigation in the inner harbour of the Port of Gdansk; and an IT system allowing the handling of wheeled vehicle transport for OT Logistics, among others. The full list of problems to be solved is available on the website.

In the second call, the programme has money to support 13 start-ups. Initially, at least 18 will be invited to take part in the programme and, after the first month of the acceleration phase a decision will be made on which teams can advance further. The selected projects will work for three months to develop their business, after which they will have an opportunity to pitch their ideas and attract investors to develop their business further.

For more information, check out the programme’s website.

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Updated: Nov 01, 2017