No. Alumni of ESA BIC are eligible to apply, if their incubation period had passed prior to the ESA Spark Funding application.

Part of proposal evaluation is a positive Socio Economic impact that will be created should the project be supported. The applicant is expected to present impact that the product/service will bring to their business, customers, environment etc. Such analysis could also address the SDGs that are impacted by the product/service. The level of detail will depend on the project's ability to align with Goals, Targets and Indicators.

The ideal application would include all of these elements:

• Goals addressed
• Targets addressed
• Indicators to measure the impact (referring as much as possible to the official ones)
• Expected impact (e.g. the product will contribute to creating X jobs in the next 5 years)

The official list of Goals, Targets and Indicators can be found in the UN SDG documentation.

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Please carefully read through all the documents. Here below you may find a summary of the documents to be submitted:

• Application Template (including Executive Summary, Business Case and Technical Proposal, Activity Proposal, Management Proposal)
• Business Model Canvas
• Letter(s) of support, if any
• Any other relevant information about the activity or the Applicant, as necessary

Upon acceptance, the company will be invited to sign the ESA Spark Funding Denmark Contract made available in draft with the Open Call documents. In a "Negotiation Meeting" we can clarify any information needed before the project starts, as well as to revisit suggestions and/or additional requirements made by the Committee at TEB.

After the minimum information required for the contract preparation is provided (e.g. statements of compliance with tax, bank information) the signature is expected to be a matter of days.

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The first installment (50% of the total amount) will be paid upon signature of the ESA Spark Funding Denmark Contract by both parties. The second installment (remaining 50% of the total amount) will be paid upon a successful Final Review, acceptance by ESA Technology Broker Denmark of all deliverables due under the Contract and fulfilment of all contractual obligations by the Applicant under the Contract.

There is no possibility to change those conditions.

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ESA Spark Funding can be used to cover costs that are necessary for executing the project, including:

• Technical development (e.g. prototyping, testing, integration)
• Business-related activities (e.g. market research, roadmap development)
• Work performed by the applicant and its approved partners or suppliers

Eligible costs must be:

• Directly related to the project
• Incurred by the beneficiary and recorded in its accounts
• Incurred during the contract period
• Planned in the cost section of the proposal
• Exclusive of VAT, interest, or duties

VAT is not covered by ESA Spark Funding.

Costs related to proposal preparation are also not eligible.

Marketing and promotional costs (e.g. trade shows, brochures) may be eligible only if pre-approved by the local ESA Spark Funding manager.

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*ESA Spark Funding should primarily be spent in Denmark. However, if the Product Developer is based in Denmark, then up to 50% of the total ESA Spark Funding may be spent with a Technology Provider located outside of Denmark.

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