The winning team of the Bavaria Regional Prize will receive:
A EUR 6,000 cash prize to be used at the winner’s discretion
An incubation package sponsored by the Bavarian Ministry of Economic Affairs at Anwendungszentrum GmbH Oberpfaffenhofen (AZO) valued at EUR 25,000
Furthermore, the winner will be able to apply for admission to the European Space Agency’s Business Incubation Centre (ESA BIC) Bavaria, which provides startups with financial and technical support at three branch offices: Oberpfaffenhofen, Ottobrunn, or Nürnberg. Upon successful approval the winner will be eligible for an additional EUR 25,000 in incentive funding from ESA, as well as an optional loan from one of the cooperating local banks
If selected for the ESA BIC programme the winner is offered office space and shared facilities at their choice of one of three Bavarian locations
The winner will also benefit from AZO’s extensive network and from its renowned partners such as the German Aerospace Center (DLR), Airbus Defence and Space, and Fraunhofer IIS, depending on the chosen ESA BIC Bavaria location
AZO Anwendungszentrum GmbH Oberpfaffenhofen
AZO – Your Partner in Competition & Innovation AZO Anwendungszentrum GmbH Oberpfaffenhofen is an international networking and branding company for the European space programmes, supporting entrepreneurship with more than 500 companies founded in Europe. For almost 15 years, AZO has established the leading European space cluster innovation network for the satellite downstream market, while providing the necessary marketing and promotion platform, incubation and expert network, as well as regional funding programmes with the objective to increase the uptake of business cases. AZO organises it’s “Innovation Masters Series”, the most important space-related innovation competitions: Galileo Masters, Copernicus Masters, INNOspace Masters, Space Exploration Masters as well as the Copernicus Hackathons in close cooperation with the European Commission (EC), Federal Ministry of Economics and Technology Germany (BMVI), European Space Agency (ESA), German Aerospace Center (DLR), as well as a number of major industrial partners such as Airbus, Merck, DHL, SAP, T-Systems, CGI and many others. In all competitions, AZO awards product innovations with well-known partners and established associated accelerator programs in almost all competitions.
ESA Business Incubation Centre Bavaria
Start-up? Start here! Start now! Join the Space of Innovation to lift your Startup to the next level. Description of 1st partner (max. 700 signs incl. blanks): ESA Business Incubation Centre (BIC) Bavaria promotes companies with disruptive products and digital businesses in areas like robotics, mobile, mobility, automotive, aviation, satellites etc. At its three Bavarian locations, Oberpfaffenhofen, Ottobrunn and Nuremberg, startups highly benefit from the direct access to space technologies, expert advice and technical facilities. Since 2004, ESA BIC Bavaria – managed by AZO - supported to date more than 155 startups with an annual turnover of round about EUR 150 million in 2018, creating more than 2,000 high-tech jobs in Bavaria and involving the amount of more than EUR 50 million venture capital in 2018. Additionally, the first IPO of an ESA BIC alumnus took place in 2017. ESA BIC Bavaria is one of the most successful incubation programs in Europe. www.esa-bic.de
Bavarian Ministry of Economic Affairs Regional Development and Energy
The economic policy of Bavaria promotes sustainable economic growth with the objective to secure and expand economic prosperity in all regions of the country. The guiding principle is the social market economy. It combines entrepreneurial freedom, economic strength, ability to change and social responsibility. In the 21st century the social market economy remains the best answer to the challenges posed by globalisation, demographic development and climate change. The Bavarian economic policy focuses on liberty and personal responsibility, on the creative power of individuals. It is characterised by innovation, creativity and courage. The goal is a policy that offers opportunities and helps to tap Bavaria’s economic full potential. The Bavarian economic policy will continue to focus on growth, prosperity and quality of life. The goal is to mobilise all entrepreneurial potentials, unleash the creativity and knowledge of our citizens and develop the strengths of all regions.
E-GNSS Accelerator Partner
The prize pool is co-financed by the European Commission’s DG Grow. The aim of the “E-GNSS Accelerator” is to foster the market uptake of Galileo/EGNOS and high technologies in EU28, the EEA and ENP countries.
Discover all previous winners of the Baden-Württemberg Challenge