
ESA BIC Portugal
AI Verified
Portugal
Accelerator/Incubator
Rua Pedro Nunes, Arregaça, Vale das Flores, Santo António dos Olivais, Coimbra, 3030-199, Portugal
2014
Criteria | Requirements | Match |
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Regions | Central & South Asia, North America, Southern Europe |
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Stage | Pre-Seed |
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Company description
ESA Space Solutions Portugal Centre operates as the Portuguese branch of the European Space Agency's business incubation network, dedicated to fostering innovation through space technology applications in terrestrial markets. The centre provides comprehensive support to entrepreneurs and startups leveraging satellite data, navigation systems, and other space-derived technologies for commercial applications beyond the aerospace sector. With a mission to bridge the gap between space technology and everyday business solutions, the centre has established itself as a catalyst for technological transfer and innovation within Portugal's growing entrepreneurial ecosystem. Their expertise spans multiple domains including agriculture, maritime monitoring, urban planning, and disaster management applications.
The investment approach of ESA Space Solutions Portugal combines financial backing with technical expertise and business development resources. Qualifying startups receive initial funding typically ranging from €50,000 to €100,000, along with access to ESA's extensive technical knowledge base and specialized facilities. This dual support mechanism enables early-stage companies to overcome both financial hurdles and technical challenges inherent in space technology commercialization. The centre maintains a portfolio of over 30 companies that have successfully translated complex space technologies into viable commercial products addressing real-world challenges in sustainable development, resource management, and smart infrastructure.
Beyond capital investment, the centre offers a structured incubation program lasting 12-24 months that includes mentorship from industry veterans, connections to potential customers, and integration into both European and global space technology networks. This comprehensive support system has resulted in an impressive 85% survival rate for portfolio companies five years post-incubation, significantly outperforming typical startup success metrics. The centre particularly excels in facilitating partnerships between technical founders and commercial entities, creating pathways for space-derived innovations to reach mainstream markets across Europe and beyond.
ESA Space Solutions Portugal strategically focuses on ventures with potential for substantial economic and societal impact, prioritizing solutions addressing climate change, resource optimization, and enhanced connectivity. The centre maintains close collaboration with Portuguese universities, research institutions, and industry partners to create a robust innovation pipeline. Looking forward, they are expanding their focus to include emerging fields such as space-enabled digital twins, advanced Earth observation applications, and precision agriculture solutions. With Portugal's growing reputation as a technology hub, the centre is positioned to play an increasingly significant role in transforming European space technology into commercial success stories while strengthening the region's competitive position in the global innovation landscape.
Highlights
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Frequently asked questions
ESA BIC Portugal maintains its global headquarters in Portugal, serving as the strategic center for its operations. The company's primary corporate offices are located at Rua Pedro Nunes, Arregaça, Vale das Flores, Santo António dos Olivais, Coimbra, 3030-199, Portugal.
ESA BIC Portugal focuses its investment activities on companies operating in the following stages: Pre-Seed. ESA BIC Portugal provides strategic capital and expertise to support promising businesses at these critical phases of development.
ESA BIC Portugal maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Central & South Asia, North America, Southern Europe.
ESA BIC Portugal was established in 2014, marking the beginning of its journey as an investment firm.
ESA BIC Portugal is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.