Incubation and Acceleration Services Business Factory

Axencia Galega de Innovación

Spain

Service ID:

EP24S1
Service description

The Business Factory Incubation and Acceleration Programme is a comprehensive initiative designed to provide entrepreneurs and startups with global support, guiding them from the initial idea phase to business consolidation. Our services are tailored to assist startups and SMEs in validating their products, services, or business models directly with clients and consumers. EIC beneficiaries will engage closely with mentors and experts from leading corporates during personalised mentoring and coaching sessions. This invaluable support is further enhanced by networking activities with key industry players and grants aimed at solidifying the business plan. The programme specifically targets beneficiaries in the automotive, food, bio-economy, sustainability, and aerospace value chains. With a minimun duration of 4 months and a maximum duration of 2 years, our programme ensures a strategic and sustained approach to business growth. Selected innovators may qualify for grants ranging from €25000 to €60000, contingent on the specific sector they operate in. Multiple calls for applications will be announced throughout the year, with one dedicated to each targeted sector. Our implementation process is conducted offline, emphasising the importance of establishing a physical workplace or headquarters in Galicia once the beneficiary is accepted into the programme. This localised presence fosters a stronger connection to the commununity and enhances the overall impact of the programme. Join us on the journey from ideation to business success.

Sector
Sector agnostic
Technology Readiness Level
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

Free of charge. EIC beneficiaries must have their HQ or workplace in Galicia.

Disclaimer related to service

Access to these services is facilitated through competitive calls tailored to each sector within the Business Factories. To discern the pertinent criteria, encompassing eligibility requirements, application guidelines, and deadlines, interested parties are strongly encouraged to refer to the comprehensive guide provided. For EIC beneficiaries, it is imperative to uphold a physical headquarters or maintain an office in Galicia. This stipulation underscores the program's commitment to fostering local engagement and community integration, reinforcing the importance of a tangible presence in the specific area. Prospective participants are urged to thoroughly review the guidelines for detailed insights into the application process and requirements

Receive up to €60,000 in grants, covering up to 50% of the costs, to access specialised services from the EIC Service Catalogue. Learn more on the EIC ACCESS+ website.