A programme of PRO ROGR GRAMME AMME IN INTRO RODUCTION DUCTION Implemented by Copernicus Incubation programme 1
My proceeds from paypal were $180 M. I put $100m in spacex, $70m in tesla & $10m in solar city. I had to borrow money for rent. - Elon Musk - Copernicus Incubation programme 2
Copernicus incubation programme Extra boost to your business journey Copernicus Incubation programme 3
Total funds € 3.000.000; 2018 - 2020 Copernicus Incubation programme 4
KEY PRE-CONDITIONS Copernicus data/services based innovative and commercially promising business propositions with international growth potential Copernicus Incubation programme 5
POWER IN JOINT APPLICATIONS PARTNERSHIP Preliminary agreement SUPPORT START-UPS PROGRAMMES (ACCELERATORS & INCUBATORS) Proof of 15% co-funding/ investments from any source Copernicus Incubation programme 6
Maximum funding per Co-funding requirement: FUNDING start-up : at least 15% of total costs; any SUPPORT 50 000eur, 85% of total co-funding source is eligible; costs presented in in-kind co-funding is not eligible application to be part of 15% co-funding Payment scheme: Maximum duration: • pre-financing 50%; 1 year remaining payment at final delivery based on accountancy statements to prove costs. Lead time for the incubation support: ~4 weeks after selection results Copernicus Incubation programme Slide 7
IT IS MORE THAN MONEY SUPPORT PLATFORM Copernicus Incubation programme 8
WE LOOK Entrepreneurs & start-ups* : FORWARD TO • max 5 years of operational history (legal entity) YOUR • registered in one of the EU countries (+Norway or Iceland) APPLICATION! *Applicants should set up a company before receiving ay funding from the programme (but not necessarily before applying) Copernicus Incubation programme 9
THINK BIG! • Significant commercial opportunity ACT SMART! • Ambitious & feasible growth outlook GET IT! • Strong team & ready for incubation • The expertise & quality of the partnering Incubation / Acceleration Programme Content & quality requirements Copernicus Incubation programme 10
CONTINUOUS Every year we will support 20 start-up with max 7 ENROLMENT OF start-ups per quarter. APPLICATIONS Copernicus Incubation programme 11
ABOUT Cope perni rnicus us is the Europe opean n system tem for moni nitor oring ng the e Earth th, coordinated and managed by the European Commission. COPERNICUS Data ta from om mul ulti tipl ple e sour urces es: earth observation satellites and in situ sensors such as ground stations, airborne sensors and sea-borne sensors. Reliabl ble e and d up-to to-da date te inform ormati tion n through a set of services related to environmental and security issues. Copernicus Incubation The servi rvices es addr dress ess six x thema emati tic areas eas: atmosphere, marine, land, climate change, emergency management and security. Programme is part of the Copernicus Start-up COPER OPERNICU ICUS START-UP UP PR PROGR OGRAMME ME Programme Copernicus Copernicus Accelerator Masters Copernicus Incubation programme Copernicus Other accelerators Non-Space Astropreneur Incubation & Hackathons and incubators (COMPET 7) Acceleration programmes > ICT, … Other accelerators & incubators Copernicus Incubation programme Slide 12
STAY TUNED! Register your e-mail for updates: WWW. WW.COP OPERN ERNICUS ICUS-IN INCUB CUBATIO ATION. N.EU EU Copernicus Incubation programme 13
CONFIDENTIAL 14 copernicus-incubation.eu
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