See below for answers to some of our most frequently asked questions. For more information, please contact us.
Yes, the BIC supports very early-stage start-ups and helps them develop their business ideas into a strong and compelling business proposition.
You can still apply, but you would need to register your company before the start of the incubation programme.
Unfortunately, we can only provide support to UK registered businesses.
We usually only accept companies that have been trading for less than a year. Nevertheless, there are some special cases in which we can accept older companies, and this is assessed on a case by case basis. For more information, please contact us.
We specialise in start-ups focused on space propulsion and related areas, 5G communications and autonomous systems. In these last two areas, the focus is put on downstream applications. If you are in doubt about the suitability of your business, we are more than happy to answer your questions before you apply.
Yes, you can apply to both at the same time, as the Research Grant and the Incubation Programme are independent and complementary.
We understand that as a start-up, you need flexibility to grow your business and therefore, you are not expected to be based in the incubation centre. Nevertheless, you would need to participate in the BIC events, provide the information about your business progress and documents required for reporting to our funding organism, and be proactive on the use of the support provided by the Centre.
The ERDF has specific requirements with regard to the costs that are considered eligible, details of which can be found in our guidance document.
No, they are not match funded. But you will need to have sufficient available cash to pay for the products and services you’d like the grant to support. You will then be able to claim the money back once this has left your bank account (this is called defrayed expenditure).
No, the research grant will only cover costs from purchases or activities taking place after you have received the offer letter from us.