Anwendungszentrum GmbH Oberpfaffenhofen, Friedrichshafener Straße, Gilching, Germany
Running from 2017 until 2019, the E-GNSS Accelerator is an exciting feature of the Galileo Masters. This unique initiative funded by the European Commission provides multiple benefits to the Galileo Masters winners and finalists, including more prizes, coaching services and four further business incubations worth an additional value of EUR 1.28 Mio. The overall aim of the programme is to support entrepreneurs and startups from EU28, the EEA and ENP countries to move beyond idea conception into business incubationand to promote the development phases of true commercial ventures.
Galileo Masters winners and finalists benefit from an increased prize pool thanks to the E-GNSS Accelerator, but they can benefit even more: If they are among the top 10 Galileo Masters winners, they get invited to an exclusive Bootcamp taking place before the Galileo Masters Awards Ceremony. The top 4 Bootcamp candidates then get awarded in front of a high-ranking audience at the Galileo Masters Awards Ceremony and receive an additional incubation and acceleration prize package worth EUR 62,000 each. On top of that, one out of the top 10 Galileo Masters winners receives a crowdfunding prize worth EUR 35,000.