One year of operation of the Enterprise Incubation Center of the European Space Agency in Athens has been completed. As part of the event, HP Tech Ventures unveiled a new startup program in Greece and expands its European footprint to help grow the startup ecosystem.

HP Tech Ventures has a proven track record of investing and commercializing startup technologies on a global basis. As a strategic investor and partner, he provides continuous guidance and builds the necessary bridges for commercial opportunities and partnerships with customers.

The most recent collaboration was the launch of the world's first Molded Fiber startup program with the TechFounders U-TUM accelerator in Munich, Germany. The programme focuses on sustainable packaging. It has recently expanded to include medical 3D printing applications. This collaboration accelerated the growth of startups at an early stage through pilot solutions in the market with real customers in a 5-month built environment, thus demonstrating market validation at an early stage.

ESA BIC Greece

ESA BIC (European Space Agency Business Incubation Center) with more than 60 points of activity around the world, started its activity in Greece a year ago. It is managed by Corallia in cooperation with the Ministry of Digital Governance.

ESA BIC Greece incubates start-ups that will either exploit space technology in non-space markets (spin-off) or become suppliers to the space sector (spin-in) and develop their business and technology. ESA's selection was based on the innovations and technologies developed at ESA BIC Greece and its wider network that will work with HP's areas of interest by:

• -3d printing
• production processes
• Materials Sciences track and trace
• cybersecurity
• edge compute
• digital health

During today's event and as a strategic partner of ESA BIC Athens, HP announced the following startup program in collaboration with selected startup companies:

• Continuous Mentorship with experienced executives of HP Tech Ventures
• Access to the HP Tech Ventures network of Venture Capitalists
• Access to HP global network experts for specific startup needs
• Connection to other European markets (through HP's extensive network of integrated systems and supply chain)
• Financial services supported technology infrastructure (HPFS) support
• Award to the best startup of the year in the form of a grant and the ability to make a presentation to HP executives)

Nikos Christakis, Managing Director of HP Hellas

"We are very happy to start this program in Greece as well. HP Tech Ventures has proven its contribution to startup companies and our goal is to help new businesses face upcoming challenges and achieve their goals. The extroversion of these companies is crucial, which is why HP will continue to support such initiatives.".

Jorge Sanchez, ESA BIC GR Director, Corallia CSFO

"ESA BIC Greece celebrates today its 1st year of successful operation. Proponents of the incubator in Greece are a fundamental factor in supporting the Greek space ecosystem. HP actively supports services and incubatees through our solid partnership and relationship of trust."