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Business with ESA Telecom

Business with ESA Telecom

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4a<br />

http://telecom.esa.int<br />

Start-up Initiative<br />

In addition to the<br />

regular ITTs, <strong>ESA</strong><br />

<strong>Telecom</strong> is offering<br />

exciting opportunities<br />

for start-up<br />

projects - an open<br />

door for business<br />

innovation. The Start-up<br />

Initiative aims to support a<br />

number of Small and Mediumsized<br />

Enterprises (SMEs) through<br />

the early development stages of<br />

researching and refining a<br />

business proposition.<br />

SMEs are defined, using European Commission criteria, as<br />

companies that:<br />

• have fewer that 250 employees<br />

• have either an annual turnover of less than 40 million<br />

Euros or an annual balance-sheet total of less than<br />

27 million Euros<br />

• are independent, i.e. not more than 25% owned by a larger<br />

(non-SME) company

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