ESA BIC Latvia, run in Riga by Commercialization Reactor, incubates space ventures for up to two years, with 50 hours of business coaching, 80 hours of technical coaching and 10 hours of legal and IPR support. It provides EUR 80,000 towards product and IP development. Equity terms are not published; the apply page directs applicants to contact the centre directly.
Investment
€80,000 (Above Europe & C. Asia median $54.5k · Above global median $61.3k)
Equity taken
Not disclosed
Duration
104 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)