Verhaert & SpaceTec win multi-million euro contract to support space start-ups

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Verhaert Masters in Innovation and SpaceTec Partners are pleased to announce that they will jointly implement a €1.2 million contract to support space research and innovation by organising hackathons and offering mentoring to start-ups.

European space hackathons & mentoring

The contract has a potential value of up to €3.6 million and will implement the European Space Hackathons & Mentoring programme on behalf of the European Commission. It includes a series of 2 hackathons in 2021 and another 4 hackathons in the following 2 years upon renewal of the contract. It is a first step within the Competitive Space Start-ups for Innovation (CASSINI) initiative of the European Commission to grow the number of start-ups that successfully commercialise innovative European space technologies.

Each hackathon runs simultaneously at up to 10 locations. For the organisation of the hackathons and mentoring, Verhaert and SpaceTec Partners count on the support of local organisers, for whom this is a great opportunity to enter the fascinating market of space-based innovation and entrepreneurship.

Boost chances to succeed & accelerate growth

The CASSINI initiative will boost the opportunities for space start-ups to succeed thanks to technical and business support. On the other hand, it will accelerate their growth and scale-up by attracting more private investors. CASSINI streamlines existing initiatives and contemplates new ones to support innovation and start-ups. As part of the European Strategy for SMEs it will create a coherent, long term, structured, focused and scalable public support mechanism.

Foster the commercialisation of European space technologies

Supporting innovation and entrepreneurship in the European space community, is a topic close to the hearts of Verhaert Masters in Innovation and SpaceTec Partners. Thomas Tanghe, Partner at SpaceTec Partners: “The new CASSINI hackathons will build on the legacy of innovation programmes our companies jointly implemented for space such as the Copernicus Accelerator and Point.IoT. Together, we are looking forward to continuing our efforts toward fostering awareness and user uptake for the components of the European Space Programme: Copernicus, Galileo, EGNOS, GOVSATCOM and Space Situational Awareness (SSA).”

Sam Waes, Program Manager for the OpenLab at Verhaert Masters in Innovation, adds: “We want to integrate the CASSINI hackathons in a relevant space ecosystem. Thanks to our well-developed methodology and innovative approach, we are experienced in reaching audiences in- and outside the space community, covering multiple professional fields with a very broad geographic coverage in Europe. During the hackathons, we want to encourage human interactions and give start-ups access to a wide pool of mentors.”

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About SpaceTec Partners
SpaceTec Partners is a unique boutique consultancy as its team combines years of consulting craftsmanship with in-depth expertise of the space industry. SpaceTec Partners assists its clients with management consulting, market development and innovation advisory, as specialists in the space industry.
www.spacetec.partners


About Verhaert Masters in Innovation
Since 1969 Verhaert Masters in Innovation is a pioneer in the field of product innovation. As a leading innovation group in integral product development, Verhaert helps companies and entrepreneurs to develop and execute successful innovation projects. The group now has more than 200 employees with offices in Kruibeke, Gentbrugge, Kortrijk, Nivelles, Noordwijk, Utrecht and Aveiro. www.verhaert.com

More about CASSINI

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Contact
Sam Waes
Program Manager OpenLab, Verhaert Masters in Innovation, +32 473 78 11 35

Thomas Tanghe
Partner, SpaceTec Partners, +49 179 563 7119

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