Entrepreneurs have only until 31 July to apply for the GSA’s Special Topic prize for the most promising EGNOS application idea.
The GSA prize is part of the annual European Satellite Navigation Competition (ESNC). A total of about €1 million in funding and services is awarded through the ESNC to entrepreneurs who what to develop global navigation satellite navigation applications for the marketplace.
The winner of the GSA prize will be provided with up to 12 months to develop their EGNOS application at a suitable incubation centre of their choice within the EU. The prize is worth up to €20,000 per six-month period at an incubator.
Proposals for the GSA prize must meet the following criteria:
- The application should deliver end-to-end functionality to customers using new or existing equipment and systems.
- Positioning should be a key enabler of the application.
- GPS and EGNOS should be the primary means of positioning.
- EGNOS functionality should be used.
- The applications must provide economic and social benefit to Europeans and to European industry.
Proposals will be assessed on the uniqueness and originality of the idea, their business potential, the credibility of the management team, and the application’s use of unique EGNOS features.
In addition to sponsoring a Special Topic Prize, the GSA provides support for the competition’s top prize, Galileo Master. The GSA’s participation in ESNC is part of the agency’s overall task to foster new applications for EGNOS, and, later on, Galileo.
In addition to the €20,000 Galileo Master award, there are eight special topic prizes from partners in research and industry, 22 regional prizes, a special prize offered to students, and three prizes sponsored in cooperation with the European Network of Living Labs.