SpaceAcademies

How to participate

Anyone interested in participating will need to register their interest by filling in the details here. You will need to create a login/password, but can return to the form at any time.
Applications are being accepted as from 3rd December 2018 up until 15th March 2019.
Each applicant will be asked to complete a short questionnaire, and for those interested in receiving funding their information provided will be assessed by the dedicated SpaceUp Evaluation Committee.
For any specific queries, please contact info@spaceupeurope.eu

Benefits

All entrepreneurs are welcome to join the Space Academy workshops and get coached in small groups during the first day on six great topics by prominent experts:

Investment readiness and relationships, how to be trusted by investors and get funded;
Kinds of crowdfunding (reward-based, equity-based, lending), how to maximize your impact with the right campaign;
Hot trends, artificial intelligence and robotic, how new advanced technologies can shape your business;
Business models, how to fine tune your business and make it even more effective;
European funds, how to find the right funding opportunity in the ocean of the European initiatives;
Space ecosystem, how to connect with international space institutions and corporates, and apply to ESA Invitation to Tender (ESA ITT).

In addition to all applicants who can attend both days and get ample chances for broad networking, 10 selected companies will be entitled to receive certain individual high-level services for free (including contact and advice with experts in the months prior to the Space Academy):

One-to-one meetings with investors and matter experts;
Credit Passport (International creditworthiness certificate);
Feasibility study on EU public funding;
Business model analysis;
Management and human resources analysis;
Intellectual property right analysis.

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Get funded

10 selected most advanced companies will be entitled to receive funding
and certain individual high-level services for free.

Who can apply for the high-level services

Companies post seed stage now looking for investment in either a pre-Series A (possibly angels/corporates), or a VC Series A round (companies must be post friends and family and have already received seed investment from accredited investors)
Strong team and established business now scaling
Only European companies, that were incorporated no later than 5 years ago (exceptions made for companies in certain industries)
Companies adopting at least one space technology and/or working with Copernicus/Galileo or EGNOS data as their basis

What is offered to the 10 selected companies

Up to €400 reimbursement for eligible travel and hotel costs
High level customised business services and one-to-one meetings with experts
3-minute pitching slot, in front of investors
Access to EBAN Networking App
Access to all other workshops and sessions of the EBAN /Arctic 15 events
A chance to compete for special recognition awards and prizes
Profile listed in EBAN congress booklet(s) and website
Pre-event visibility in promotional campaigns

(Regardless of being awarded funding, all relevant start-ups are welcome to apply to participate in the event and benefit from the networking opportunities and knowledge available)

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Selection Process

All applicants will go through a first pre-selection process aimed at identifying a maximum total of
30 companies that also fit best the criteria used by the Evaluation Committee. In this phase four
independents experts from EBAN, Hypatia and 200 Crowd and also part of the team SpaceUp
will screening the companies, with particular emphasis on:

Company’s status
Stage of the product/service
Market strategy

Then, the 30 pre-selected companies will be evaluated by the SpaceUp Evaluation Committee, composed by six experts from:

EBAN
Fraunhofer
Hypatia
IBS
BIC Lazio
AviaSpace Bremen

The SpaceUp Evaluation Commitee will use the following criteria to score the applications, taking into account the use of other European data and services such as Galileo, Copernicus and EGNOS:
1. Value proposition / Business idea
2. Market positioning and market potential
3. Business scalability
4. Financial status & business planning
5. Investment approach
6. Strategic relationships and partnerships
7. Team
8. Technical expertise

Each company will receive a score from 0 (low) to 10 (high) for each of the eight criteria from each expert of the SpaceUp Evaluation Committee. The final score on each criteria will be thus obtained as average of all the scores given by each one of the experts composing the Evaluation
Committee. These average scores will be used to calculate the final sum of all scores. The 10 selected companies will be those with the highest score. All 30 pre-selected companies will receive the evaluation report.

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