June 2017 Astronautics

European space business incubators and accelerators

Mark Boggett CEO, Seraphim Space Fund, London

Accelerators and incubators are an important platform for advancing entrepreneurship around the globe, helping a new generation of young companies and particularly high-tech start-ups to grow, prosper and thrive. There are a rapidly growing number focused exclusively on the space industry.

This clustering of young businesses fuels the growing appetite for space technology investment from business angels and venture capital funds. Well sign-posted and highly visible, they help reduce search effort for investors by creating a pipeline of vetted technologies for the market. Likewise, larger corporates have a growing recognition that accelerators and incubators are a source for cuttingedge innovative products and services.

To have a complete picture of the different entrepreneurial space technology ecosystems around Europe and a better understanding of the different initiatives and best practices, Mark Boggett, CEO of Seraphim Space Fund, maps out accelerators and incubators serving the space industry across Europe and the UK.

The bedrock of space industry activity in this area is a network of incubators managed by the European Space Agency (ESA) operating across Eu 19 countries, with the larger countries such as France and Germany having multiple incubators.

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