The nomination of Turin to host the ESA incubator arrives

April 8, 2021
I3P, Politecnico di Torino and LINKS Foundation presented to the European Space Agency an application dossier to host the ESA Business Incubation Center Italy, with the aim of supporting the birth and development of new innovative companies based on aerospace technologies.

Turin has officially applied to host theESA Business Incubation Center Italy, the Italian headquarters ofincubator ofESA. The European Space Agency will support the creation of the startups in the aerospace and technology sector through periodic calls through which startups will be selected for access to financial support services and technological development support of projects. The application dossier has been prepared by I3P, LINKS Foundation and Politecnico di Torino.

The program ofEuropean Space Agency aims to support the birth and development of new innovative companies based on aerospace technologies, with both applications upstream (communication systems, satellites, software for space mission control), both downstream, based on the use of data and technological solutions from aerospace in sectors such as environmental monitoring, mobility, logistics, precision agriculture. The centre will have a national mission and in the first years of activity it is expected to open 4 hubs in other Italian regions. The ESA project horizon is 7 years and aims to support at least 25 new companies in the local hub and 40 in the rest of Italy.

ESA will evaluate in the coming months the candidacy of the new pole which, in case of victory, will see the light in 2022 and will be based in the Polytechnic City, where it is already present I3P. Specifically, in the project presented to the European Space Agency, theInnovative Companies Incubator of the Politecnico di Torino will have the role of managing the entire project, from scouting to strategic support for the growth of the startups, while the Politecnico di Torino and Fondazione LINKS will be the main partners for technological support to the new companies.

Many players in the Turin innovation ecosystem immediately showed their willingness to support the project, also by virtue of the fact that the aerospace sector in Piedmont constitutes the 17% of national exports in this sector. In fact, Turin's candidacy takes advantage of the strong scientific and technological skills present both locally and nationally, and is supported financially by public and private institutions operating in the area. In preparing the application, particular attention was paid to the involvement of all relevant stakeholders to ensure the presence of a highly attractive ecosystem, starting with the main institutional bodies and the main Italian companies in the aerospace sector, as well as numerous innovative SMEs in the area.

Access to scientific expertise, in addition to the main technological partners of ESA BIC Italy, will be guaranteed by awide network of institutions and research centreswhile the involvement of numerous financial operators, active in different stages of startup development, will offer investment opportunities, from seed money to capital for growth and internationalization.

Author

Luca Coppolella
Head of Content

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