Will the ESA BIC Andalusia or ESA take equity in the incubated company?
No. ESA BIC Andalusia is a zero-equity incubation programme.
Are there any specific restrictions on how the incentive funding can be used?
Yes. ESA BIC Andalusia funding comes from two distinct sources, each with its own rules. The ESA incentive (€30 000) may cover any cost directly linked to your incubation objectives [...]
Can the incentive be used for salaries?
Yes, both funding sources (from ESA and from Junta de Andalucía) may cover direct personnel costs for staff working on your incubation project, including salaries and social security. However, as [...]
Can the incentive be used to finance development with a non-Spanish supplier?
As a general rule, both the ESA incentive and the regional grant must be spent within Spain. Only in exceptional cases—where the required goods or services are unavailable domestically or [...]
How are the payments structured in the ESA BIC Andalusia programme?
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 [...]
What is the maximum funding available at ESA BIC Andalusia?
You can receive up to €60,000 in non-dilutive support—split equally as €30,000 from ESA BIC Andalusia and €30,000 co-funded by the Junta de Andalucía. For full breakdowns of instalments, eligible [...]
