ESA BIC Lithuania (Business Incubation Centre)

WHAT IS ESA BIC LITHUANIA? It is an incubator designed to encourage innovation and entrepreneurship in Lithuania's space industry. Powered by Visoriai IT Park (VITP), it is part of the Europe-wide ESA BIC Network, supporting startups with space-related ideas to develop their solutions and grow their businesses. Through collaboration with the European Space Agency and key local stakeholders, ESA BIC Lithuania provides startups with access to expertise, financial resources, and industry networks - essential elements for turning ideas into successful ventures. WHAT WE OFFER: 🔸 Up to 2 years of business incubation at Visoriai IT Park or Tech-Park Kaunas 🔸 €50k funding for product and IP development 🔸 An additional €25k funding for top startups based in Vilnius 🔸 Technical support from Lithuanian partners and ESA specialists 🔸 Business coaching and hands-on development support 🔸 Legal and intellectual property rights (IPR) advice 🔸 Access to business partners and industry networks 🔸 Workshops, training sessions, and events 🔸 Guidance and opportunities for fundraising WHO CAN APPLY: ESA BIC Lithuania welcomes entrepreneurs working on: ▶️ Applications using space-based systems (e.g., satellite navigation, earth observation, satellite communication); ▶️ Space technologies applied in non-space domains ▶️ Innovative products and services for the space sector CONTACTS: For more information please visit our website www.esabic.lt or contact us via info@esabic.lt PARTNERS: Visoriai IT Park (Operator & Incubation center); Ministry of the Economy and Innovation - EIMIN (Main Partner); City of Vilnius; Innovation Agency Lithuania - Space Hub; Vilnius University; Vilnius Gedimino Technical University - Vilnius Tech; Center for Physical Sciences and Technology - FTMC) Kaunas University of Technology - KTU; Tech-Park Kaunas (Incubation Center); Lithuanian Innovation Center; Space Cluster Lithuania (Supported by)