Deadline: December 3, 2021 23:59 GMT+0200
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Eligibility: myEUspace Innovation Competition invites innovators and entrepreneurs with space-based commercial solutions
Do you have an idea of how to implement space data and services based on Galileo and Copernicus into disruptive commercial solutions?
Do you need funding to turn that idea into a thriving business?
Shoot for the moon and land among the stars by applying today for:
myEUspace Innovation Competition
Get ready to explore, develop and commercialise your idea that leverages EU Space data. myEUspace Innovation Competition is looking for bold innovators with solutions that go beyond the current space-applications horizon!
If you are into fusing and testing new technologies in location-based services, smart mobility, smart agriculture, geomatics, or quantum technologies, this opportunity is for you!
https://www.youtube.com/watch?v=SPAb_bEcoxA
Disrupt one of the following six thematic areas:
🚄 Move Me Smart: Smart mobility solutions across all the transportation modes that enable the improvement of efficiency and sustainability while also increasing safety.
📱 Space My Life: Consumer solutions such as mobile applications and any other solutions using space data for health, gaming, sports, leisure, tourism and everyday life.
🌲 Our Green Planet: Innovative solutions addressing environmental challenges, sustainable life, consumption and production.
🗺️ Map My World: Innovative surveying solutions to shape the future of geomatics, rural planning and smart cities by design.
🌱 Farming By Satellite: Technological solutions that manage the variability of agricultural production, improve crop yield, reduce environmental impact and optimize the food chain.
⚛ Dive in Quantum: Innovative solutions applying quantum technologies (computing, sensing, simulation, encryption etc.) enhancing space downstream applications.
Whether you only have an idea or a prototype, there are two tracks to apply for:
- Track 1: From Idea to Prototype/Customer validation
If your team has a theoretical idea ready to turn into a prototype/beta version of your product, articulate your value proposition and explore Problem-Solution Fit based on a validation test in a relevant environment, this track is for you.
Applications addressing the “Dive in Quantum” innovation area shall be submitted only in Track 1.
- Track 2: From Prototype to Product/Market entry
Applying for track 2, your team is asked to bring your prototype/beta version to a Minimum Viable Product (MVP), reach a functional stage and commercialization readiness and develop a value proposition to meet Product-Market Fit.
The ideas will be assessed towards their EU-space relevance, their innovative approach, their market potential, their feasibility within the limits of current technology and finally, their operational organization.
Prizes 💰
At the end of the first and the second step, awarded teams will receive the following prizes:
First step: Submission
- The 23 best ideas from track 1 will receive a prize of €10,000 each to launch their prototype development.
- The 20 best beta applications/prototypes from track 2 will receive a prize of € 15.000 each to complete the product development and achieve market entry.
Second step: Development Phase
- The 6 best projects from track 1 will receive an additional prize in the amount of € 25,000 each.
- The 5 best projects from track 2 will receive an additional prize in the amount of € 50,000 each.
The sky is not the limit! Launch your space related business with the funding from myEUspace Innovation Competition. Hurry up and APPLY by December 3!
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