Austria

Austria Challenge

Prize 2019

Winning team

EUR 4,000 cash prize

Office

Business consulting and coaching

Business consulting and dedicated coaching provided in Austria (worth approximately EUR 4,000)

Travel on Airplane

Travel and accommodation expenses to the Awards Ceremony

Travel and accommodation expenses for the trip to the Galileo Masters Awards Ceremony 2019 (max. budget EUR 1,167)

E GNSS Accelerator

E-GNSS Accelerator support

Chance to win one of three tailored E-GNSS Accelerator incubation prizes worth EUR 62,000 and an E-GNSS Accelerator crowdfunding prize worth EUR 35,000 (find out more)

Awards 2018

An extra EUR 10,000 cash prize

If your idea gets selected as Galileo Masters 2019 Overall Winner

Furthermore, Galileo Masters winners will be offered the following for a period of two months at ESA BIC Austria in Graz:

  • Technical and business support
  • Business model evaluation and development
  • Business training courses
  • A mentoring programme with experts from the realms of science and business
  • Access to a global network of cooperation partners, customers, and investors
  • Support in talking to investors and funding agencies
  • Cutting-edge workspaces and meeting rooms at ESA BIC Austria
  • Access to infrastructure and laboratories
  • Fast-tracked access to ESA BIC Austria’s two-year incubation programme

The first runner-up will receive:

  • A EUR 2,000 cash prize
  • Business consulting and dedicated coaching in Austria (worth approximately EUR 2,500)

The second runner-up will receive:

  • A EUR 1,000 cash prize
  • Business consulting and dedicated coaching in Austria (worth approximately EUR 1,000)

The winner and runners-up will be invited to apply for admission to the European Space Agency Business Incubation Centre (ESA BIC) Austria, which provides start-ups with financial and technical support. If they are accepted, they will be eligible for EUR 50,000 in additional incentive funding from ESA and local partners.

*In order to receive the cash prize, the winning team or person has to be registered in Austria. The same applies to the business consulting, dedicated coaching, and other services offered by ESA BIC Austria.

Regional BENEFITS

Austria

Space technologies

Space technologies ranging from telecommunications, transport, and security to environmental and climate research are a key point of interest

Various programmes

Various programmes dedicated to the support of start-ups by the Austrian Research Promotion Agency, Science Park Graz, and ESA BIC Austria

experienced team

An experienced team implementing Austria’s aerospace policy and representing the country on international aerospace committees, including ESA

Contact

Austrian Research Promotion Agency (FFG)

Matthias Schreitl

+43 (0) 577553306

Matthias Schreitl - FFG

Partners

Regional Organiser

Austrian Research Promotion Agency (FFG)

Austrian Research Promotion Agency (FFG)

The Austrian Research Promotion Agency (FFG) is the national funding institution for applied research and development in Austria and offers a comprehensive range of services for enterprises, research institutions and researchers. FFG’s Aeronautics and Space Agency connects these entities with the international aerospace world. It implements Austria’s aerospace policy, and represents the country at international aerospace committees, including ESA. The Austrian Space Applications Programme (ASAP), meanwhile, funds research on space science, technology, and applications. Finally, as the central interface between Austrian interests and European programmes, FFG’s Galileo contact point supports Austria’s competencies in the field of satellite navigation and interacts with the GNSS community.

Regional Partners

Austrian Ministry for Transport, Innovation and Technology (bmvit)

Austrian Ministry for Transport, Innovation and Technology

The Federal Ministry for Transport, Innovation and Technology (bmvit) provides a general framework for infrastructure from rail to road, water and air to telecommunications and technology development in Austria.
Austrian space activities (ESA, EU, EUMETSAT and the national space programme ASAP) are under the jurisdiction of the bmvit and are implemented by the Aeronautics and Space Agency of the Austrian Research Promotion Agency, FFG.

Science Park Graz

Science Park Graz

Starting up!
Science Park Graz is the reference Business Incubator of the Austrian AplusB startup network and the manager of the ESA Business Incubation Centre (BIC) Austria. Since 2002, Science Park Graz is the driving force for the development of successful startups from the academic world. Science Park Graz is furthermore a key partner for 200 startups and entrepreneurial projects in Graz, Styria and beyond, providing coaching, access to business and technical networks, funding and office accommodation.

ESA BIC Austria

ESA Business Incubation Centre (BIC) Austria

The ESA BIC Austria is the place for entrepreneurs from research centres, universities, space and non-space business seeking to realise their innovative ideas and transfer technologies from space (e.g. navigation, telecommunications, satellite data) to other areas of the economy (e.g. logistics, health, tourism, environment, energy). ESA BIC Austria provides innovative business ventures with a EUR 50,000 grant for prototyping and IPR, business and technical support as well as a full immersion into the ESA BIC network of more than 700 space-related startups.

E-GNSS Accelerator Partner

Logo European Union

European Commission

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.

Winners

Discover all previous winners of the Austria Challenge