ESA BIC Bavaria lets applicants choose an incubation length of 12, 18 or 24 months in Nuremberg, with a start date on the 1st or 15th of a month. Financial support is EUR 50,000, made up of EUR 25,000 from the European Space Agency and EUR 25,000 from the Bavarian Ministry of Economic Affairs, and the FAQ is explicit that no equity is taken. Space alongside robotics, medtech, mobility and AI.
Investment
€50,000 (At Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken
0% (Like 88% of Europe & C. Asia · Like 79% globally)
Duration
52 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)