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ESRIC launches world’s first startup support programme dedicated to space resources

Published Friday November 12 2021

The Luxembourg headquartered  European Space Resources Innovation Centre (ESRIC)  has recently launched Startup Support Programme (SSP), the first programme worldwide dedicated to commercial initiatives in the field of space resources and utilisation. The ESRIC SSP was launched by Mr. Mathias Link, the ESRIC Director, in presence of the Luxembourg’s Minister of the Economy, Mr. Franz Fayot and the representatives of the  European Space Agency (ESA) , the  Luxembourg Space Agency (LSA)  and the  Luxembourg Institute of Science and Technology (LIST) .

The SSP will support the specific needs of early stage ventures/start-ups to prove their technological value proposals and enable the development of near-term sustainable business models targeting terrestrial/space applications and Space Resources utilization. The programme will be run jointly with ESA and  Technoport , the leading technology incubator in Luxembourg. Two application calls, open to all start-ups worldwide, will be implemented on a yearly basis. The first call is expected in November 2021. 

ESRIC, powered by the Luxembourg Space Agency and the Luxembourg Institute of Science and Technology (LIST) with the European Space Agency (ESA) as a strategic partner, was established in Luxembourg in August 2020. Besides developing research activities along the value chain of space resources, the centre will support commercial initiatives from established players and start-ups, enable technology transfer between space and non-space industries and encourage public-private partnerships and new initiatives in the field of space resources.

Read more : https://www.esric.lu/news/european-space-resources-innovation-centre-esric-launches-the-worlds-first-start-up-support-programme-dedicated-to-space-resources

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