Fri, Nov 05, 2010
Two Entities Collaborating On An International Market
Development Agreement
The European Business Innovation Centre Network (EBN) and Space
Florida last week initiated a Memorandum of Understanding to
develop new market opportunities and resources for Small and Medium
Aerospace Enterprises in Europe and Florida. Ongoing
activities will further business development and job creation
initiatives in the aerospace sector for Florida, as well as
establish Florida as the threshold to American markets for European
SMEs. The agreement was signed at the European Satellite
Navigation Conference in Munich.
Through the Memorandum of Understanding, EBN and Space Florida
will identify technology and commercial opportunities for each
other's space-related SMEs including research and commercialization
opportunities utilizing the International Space Station, developing
collaboration networks, creating mechanisms for cross-continent
incubation and business development, trade missions, events and
partnership opportunities. To the furthest extent possible, EBN and
Space Florida will support each others' programs and initiatives,
making appropriate introductions and arranging networking
opportunities with potential strategic partners and investors that
might benefit from such collaborations.
"We are looking forward to extraordinary opportunities for small
and medium enterprises throughout the European Business Innovation
Centre Network to access American markets and share resources,"
said Philippe Vanrie, Chief Executive Officer of the European
Business Innovation Centre Network. EBN is a non-profit
organization established by the European Commission and industry
leaders devoted to the growth of Small and Medium Enterprises
located in more than 200 business incubators across Europe.
EBN will focus their efforts on companies that are part of ESINET -
a network of incubators it manages on behalf of the European Space
Agency.
Frank DiBello, president of Space Florida, met with ESA and
members of EBN at the Farnborough Air Show in England over the
summer to investigate collaborating with the space technology
incubators to enhance access to European markets and resources for
Florida small businesses. "Connecting business to several key
European Markets through well-networked incubators will provide
extraordinary access to markets and resources never before possible
for small and medium enterprises," he said. Space Florida is
aggressively guiding Florida's aerospace transition to serve
traditional space markets and downstream applications for the
state's aerospace and related target industries.
The goals of the agreement serve the missions each organization
has for aerospace related business development. For EBN and its ESA
incubator companies, growth and development in Florida as a
threshold to American markets is an exciting potential to offer
small companies throughout Europe in its ESINET partner incubators.
For Florida, the program is part of a new international effort on
the part of Space Florida to assist all Florida aerospace
businesses capture key initiatives and markets during the next
decade that will ensure the state is a global aerospace power,
growing three times its current size over the next decade.
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