The centre will support Irish start-ups with funding of €50,000
The European Space Agency (ESA) has announced they are establishing a centre in Cork.
The Space Solutions Centre will support Irish start-ups that use space technology in both terrestrial and space exploration contexts.
The centre is led by Tyndall National Institute in Cork in partnership with Athlone Institute of Technology, Maynooth University, and Irish Maritime and Energy Research Cluster.
Funded by the European Space Agency and Enterprise Ireland, it aims to support the application of technologies developed for space to solve challenges on Earth.
The centre is one of fourteen ESA BICs (ESA Business Incubation Centre) in Europe.
Each of the 25 start-ups that successfully apply to the centre will receive €50,000 in seed funding, along with technical assistance and opportunities to access other funding mechanisms.
The centre will also offer ten rounds of €40,000 funding to support technology transfer for established companies that want to develop demonstrators for new products and services using space technology.
Firms can work from any of the four host institutions.
David Gibbons, manager of ESA Space Solutions Centre Ireland, spoke to Newstalk Breakfast.
He is appealing to businesses to get in touch with them.
Applications for funding can be made here