
ESA BIC Czech Republic
AI Verified
Czech Republic
Accelerator/Incubator
567/15, Štěpánská, New Town, okres Hlavní město Praha, Prague, 12000, Czechia
2016
Criteria | Requirements | Match |
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Regions | Central & South Asia, Eastern Europe, North America, Western Europe |
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Stage | Pre-Seed, Seed |
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Company description
ESA BIC Czech Republic operates as a specialized business incubator dedicated to nurturing technologically advanced startups that integrate space technologies into commercial applications. Managed by the CzechInvest Agency, this incubator bridges the gap between cutting-edge space innovation and practical terrestrial solutions. The program exemplifies the growing trend of leveraging space-derived technologies to address everyday challenges, creating economic value while advancing technical innovation in the Czech entrepreneurial ecosystem.
The incubator's primary mission centers on transforming space-related research and development into marketable products and services with real-world applications. By providing comprehensive support to promising startups, ESA BIC Czech Republic facilitates the commercialization process from concept to market entry. This initiative represents a strategic partnership between the European Space Agency (ESA) and key Czech governmental bodies, including the Ministry of Industry and Trade and the Ministry of Transport, demonstrating a coordinated approach to space technology utilization.
Over a five-year timeframe, the program aims to support up to 25 Czech startups, offering them access to technical expertise, business development resources, and potential funding opportunities. Selected companies benefit from mentorship by industry experts, connections to the broader ESA network, and proximity to Prague's growing innovation community. The incubator particularly values ventures working in areas such as satellite navigation, Earth observation, satellite communication, and space-derived materials or processes that demonstrate clear commercial potential and scalability.
The strategic location in Prague, with support from the Prague municipal government, positions the incubator within Central Europe's emerging technology hub. This initiative forms part of ESA's broader network of Business Incubation Centers across Europe, which collectively have supported hundreds of startups and created thousands of high-skilled jobs in the space sector and adjacent industries. By focusing on the practical applications of space technologies, the incubator contributes to the Czech Republic's growing reputation as an innovation-friendly environment for high-tech entrepreneurship and space technology commercialization.
Highlights
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Frequently asked questions
ESA BIC Czech Republic maintains its global headquarters in Czech Republic, serving as the strategic center for its operations. The company's primary corporate offices are located at 567/15, Štěpánská, New Town, okres Hlavní město Praha, Prague, 12000, Czechia.
ESA BIC Czech Republic focuses its investment activities on companies operating in the following stages: Pre-Seed, Seed. ESA BIC Czech Republic provides strategic capital and expertise to support promising businesses at these critical phases of development.
ESA BIC Czech Republic maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Central & South Asia, Eastern Europe, North America, Western Europe.
ESA BIC Czech Republic was established in 2016, marking the beginning of its journey as an investment firm.
ESA BIC Czech Republic is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.