Baden-Württemberg promotes start-ups with reference to space technology with 950,000 euros

Baden-Württemberg promotes start-ups with reference to space technology with 950,000 euros

The state of Baden-Württemberg promotes selected start-ups related to space technology with a total of 950,000 euros. As part of the ESA Business Incubation Center (BIC), the funding is granted and aims to strengthen the technology transfer from space travel in commercial applications. Minister of Economic Affairs Dr. Nicole Hoffmeister-Kraut emphasized that the support of 38 start-ups contributes to strengthening Baden-Württemberg as a successful aviation and space location as well as as a business location as a whole.

The promotion of start-ups supports innovative start-up projects with reference to space travel, which contributes to increasing the innovative ability of the economy. Start-ups have the ability to quickly convert new ideas and technologies into business models, which can lead to a sustainable strengthening of the business location.

The promotion of start-ups by the ESA BIC Baden-Württemberg shows the country's commitment to promote innovations and strengthen the technology transfer. This can help to establish new business models in the long term, to create jobs and to strengthen the competitiveness of Baden-Württemberg as an innovative location.

The support of the start-ups by the State Campaign Start-up BW and the ESA BIC Baden-Württemberg is an important step to strengthen the start-up scene in the country and promote future-oriented technologies. The funding helps that young entrepreneurs can realize their innovative ideas and thus contribute to the further development of the business location.