First Startup for Incubation Has Been Selected

We have selected the first startup for incubation!

ESA BIC Latvia in collaboration with the ESA Commercialisation Gateway and local space ecosystem experts, concluded its first Tender Evaluation Board. Two promising Latvian startups were selected to join the our incubation programme - representing both upstream and downstream domains of the space economy.

🥁We’re proud to officially announce the 1️⃣ incubatee. NRG Solutions, which uses Earth Observation (EO) data and geospatial intelligence to transform real estate assessment and decision-making. 🌍🏡

"We're beyond excited to be the first company selected to join ESA BIC. We look forward to a fruitful incubation period leveraging the expertise, support and community of ESA BIC. Our ambition is to turn complex EO data sets into actionable value for real estate professionals, and we're off to a great start," said Linda Sēle, CEO of NRG Solutions.

A second incubatee is also on its way to be announced as soon as contract negotiations are finished. ESA BIC Latvia will support at least 12 startups over 5 years, offering up to 💶 €60,000 in non-equity funding for each incubatee, mentoring, legal and technical support, and access to the ESA network and international space industry.

🔥🔥 The next application deadline is June 22, 2025, by 6PM Riga time 🇱🇻. Apply here: www.esabic.lv/apply