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Through the Copernicus Accelerator, participants will receive support from experienced mentors and work with them on advancing their innovations over a period of several months. The Sentinel-2 satellite, part of the Copernicus program, recently captured this image of Mount St. Helens, where snow appears light blue and pink represents areas with little to no vegetation. (Credit: Contains modified Copernicus Sentinel data (2016), processed by ESA)

Through the Copernicus Accelerator, participants will receive support from experienced mentors and work with them on advancing their innovations over a period of several months. The Sentinel-2 satellite, part of the Copernicus program, recently captured this image of Mount St. Helens, where snow appears light blue and pink represents areas with little to no vegetation. (Credit: Contains modified Copernicus Sentinel data (2016), processed by ESA)

Until July 18, 2016, the European Commission is taking applications from individuals and teams from startups, SMEs, industrial companies, research institutes and universities for its Copernicus Accelerator, which hopes to foster development of commercial space applications and products. Participants will be able to determine the focus of this coaching, such as creating a business plan, acquiring customers, raising capital, etc.

“The goal of the Copernicus Accelerator is to provide tailored support to new players who have innovative business ideas involving the use of spaceborne big data,” stated Andreas Veispak, head of the I3 unit (Space Data for Societal Challenges and Growth) at the European Commission. “We’re very excited to offer a customized business-development scheme to the 40 best applicants to this year’s Copernicus Masters competition.”

Scheduled to last six to eight months, the Copernicus Accelerator will kick off with a boot camp that will invite all participants to Madrid, Spain, from Oct. 24-26, 2016. This event will form part of the Satellite Masters conference and Awards Ceremony of the Copernicus Masters competition.

 

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