Funding is split between ESA and regional co-funding, each following milestone logic.
As specified in the Incubation Contract (draft available in the Open Call documentation), ESA disburses its €30 000 incentive in three equal tranches of €10 000 at Progress Meeting 1 (PM1), Mid-Term Review (MTR) and Final Review (FR).
The Junta de Andalucía’s €30 000 co-funding is paid in two instalments: the first €15 000 once PM1 is passed, and the second €15 000 following approval of the MTR justification (including ESA’s Intermediate Technical Certificate and proof of at least 50 % expenditure).
For full details, please review the draft Incubation Contract and the Regulatory Bases referenced in the Open Call documentation or approach the ESA BIC Andalusia team.
