The European Space Agency Incubation Center (ESA) in Portugal (ESA BIC Portugal), managed by the Instituto Pedro Nunes (IPN), celebrated its second anniversary on November 23^rd 2016.

ESA BIC Portugal is one of the sixteen European centers that support startups using technologies and other space assets, such as satellite imagery or data, in non-spatial industrial and commercial uses in areas as diverse as health, energy, transport, security and life Urban, among others.

In the first two years of activity, the program already hosts 12 startups. In the total of its 5 years of activity - estimated duration of the program in Portugal - ESA BIC Portugal expects to incubate up to 30 companies that will allow the creation of around 240 new jobs, with a total impact exceeding 6.5 million Euros. ESA BIC Portugal represents a direct investment in Portugal of € 1,950,000 (one million, nine hundred and fifty thousand Euros). The program is led by IPN and has poles in the Science and Technology Park of the University of Porto (UPTEC) and in the agency DNA Cascais.

Meet the people behind ESA BIC Portugal

Read other related news : ESA BIC IPN Startup - Space Layer Technologies

Source : http://space.ipn.pt/news_items/41