
- Funding for the German ESA Business Incubation Centers (BIC) has been secured for a further four years.
- Funding for the incubation program will be increased by almost 70 percent to a total of 11.6 million euros.
- By 2025, the program will have grown to 13 locations in seven federal states.
BERLIN, Germany (DLR PR) — The financial future of the German ESA Business Incubation Centers (BIC) is secured in the coming years: As part of the ESA Investor Forum, which took place from May 16 to 17, 2022 in Berlin, Luca del Monte, Head of Commercialization at the European Space Agency (ESA) and Dr. Walther Pelzer, Member of the DLR Executive Board and Head of the German Space Agency at DLR, the extension of the funding for a further four years was announced. The funding will also be increased by around 70 percent. The aim of the incubation centers is to support the commercial use of space technologies and satellite-based services in non-space markets (spin-off) and the use of new technologies in space (spin-in).
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