Park Innovaare launches incubator programme for startups

A new startup incubator programme for accelerator technology has been launched at Park Innovaare by the Paul Scherrer Institute, the University of Applied Sciences Northwestern Switzerland and CERN.

(Image credit: CERN)

The Business Incubation Centre (BIC) of CERN Technologies is opening its doors at Park Innovaare. It will promote companies active in the field of accelerator technology, which includes big data, ICT, high-performance electronics, cooling systems, and control and monitoring systems, as well as applications in the fields of medicine and biomedicine, and aerospace.

On average, two startups will be included in the programme every year, supported with a startup capital of 50,000 Swiss francs per company as well as intensive coaching. The first startup will be able to participate in the incubator programme beginning this year.

The startups will be selected by means of a competition. Startups that have been on the market for less than two years can apply starting at the end of August, and the winner will be presented in front of 300 visitors at the StartUpForum Aargau on 12 November.

BIC of CERN Technologies is an initiative of CERN (European Organization for Nuclear Research) to promote technology transfer. These centres are currently found in 10 European countries. The newest centre in Switzerland is being set up and led by Park Innovaare in Villigen in the canton of Aargau, with the Paul Scherrer Institute (PSI) and the University of Applied Sciences Northwestern Switzerland (FHNW) as partners in the new centre.

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