CERN has established a network of nine Business Incubation Centres (BICs) throughout its Member States, to assist entrepreneurs and small businesses in taking CERN technologies and expertise to the market.
In practice, CERN supports the selected companies through technical visits to CERN, technical consultancy and services, and preferential rate licensing of CERN intellectual property. The BIC managers provide office-space, expertise, business support, access to local and national networks, and support in accessing finance.
How can companies enter a CERN BIC?
Companies can contact the BICs directly to express their interest for adopting CERN technology or know-how. CERN’s Knowledge Transfer group assists in identifying the most suitable technology/know-how, and the BIC assesses the feasibility of the company’s business plan. If the company is accepted, the incubation period lasts from six months to two years and includes some funding. The objective is for the company to be fully autonomous by the time they graduate from the programme.