Money and time, both without dilution: each hub provides typically GBP 40,000 to GBP 50,000, and a place lasts around two years, which is long enough to cover a hardware development cycle.
Three sites take companies, at Harwell, Glasgow and Newcastle, and all three work only with space technology.
Entry is rolling rather than by cohort. For teams whose technical milestones do not line up with an annual application window, that is the more useful feature of the scheme.
What it actually costs you
ESA BIC UK incubates space-tech companies across hubs at Harwell, Glasgow and Newcastle, with residency running approximately two years. Each hub provides typically GBP 40,000 to GBP 50,000 in funding, and because the support is equity-free the money is non-dilutive. Entry is rolling rather than cohort-based, which suits teams whose technical milestones do not line up with a fixed calendar.