Ireland to help boost the use of space technology

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It was announced today that Irish start-ups that use space technology in both terrestrial and space exploration contexts are being invited to apply to the new ESA Space Solutions Centre Ireland for funding and support. 

The centre launched today is led by Tyndall National Institute in Cork in partnership with Athlone Institute of Technology, Maynooth University and Irish Maritime and Energy Research Cluster. 

Funded by the European Space Agency and Enterprise Ireland, it aims to support the application of technologies developed for space to solve challenges on Earth and beyond.

The centre is one of fourteen ESA BICs (ESA Business Incubation Centre) in Europe, which work to inspire entrepreneurs to turn space-connected business ideas into commercial companies.
 
The centre has two strands, providing enticing opportunities for both new and established companies. Each of the 25 start-ups that successfully apply will receive €50,000 in seed funding, along with expert technical assistance and opportunities to access other funding mechanisms. 

The centre will also offer ten rounds of €40,000 funding to support technology transfer for established companies that want to develop demonstrators for new products and services using space technology. Companies can work from any of the four host institutions. 
 
The centre will be officially launched on 7 September in Tyndall National Institute. Two related workshops will follow on 8 September, in the Irish Maritime and Energy Research Cluster, and on 9 September, Maynooth University.
 
Minster for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor today commented, “I am delighted to launch the ESA Space Solutions Centre Ireland. The centre will give Irish entrepreneurs and start-ups a unique opportunity to access the funding, expertise and networks they need to grow their businesses and create jobs. We are proud of the fact that four of the country’s leading science and technology institutions are at the forefront of such an innovative and exciting initiative.”

Source: www.businessworld.ie

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