WSL: an incubator for engineering sciences

Il y a 5 years

As a partner of AWEx recognized by the European Union, Wallonia Space Logistics’ objective was originally to help create and develop Wallonia spin-offs and start-ups in the space industry. WSL has further extended its services to new engineering companies, and in particular to green technologies and nano-electronics.

The incubator allows the project owner to concentrate on the project itself during the period of its “global” support, which lasts for between 3 and 7 years. WSL gives them access to offices in Liege and Transinne (clean rooms in particular), logistics support, HR, financial support, legal assistance and through their Walloon and international partners, access to a highly developed network enabling them to source customers and suppliers more easily.

However, the partners must in return, commit to supplying their financial information (quarterly accounts), enabling their development to be monitored and must invite WSL to attend all Board Meetings. The companies must also hold monthly meetings with their account manager.

Since 2000, the effectiveness of this method has been proven, highlighted its Director, Agnès Flémal, in an interview to the Echo: The number of failed start-ups is significantly lower (1 out of 6 start-ups) in the incubator environment and there is a higher level of growth. 200 people are currently employed in 54 start-ups with a global turnover increasing from €270,000 in 2000 to 21 million last year.”
The results are so positive that WSL will from now on focus on expansion promoting its action locally! Consequently, coordinators will be appointed to encourage projects to prosper in incubators in Louvain-la-Neuve (CEI), Gosselies (BioPark), Mons (UMH and Eurogreen IT) and also in the Spa automotive centre. In this way, a real network will be put into place as wished for by Jean-Claude Marcourt, Minister for the Regional Economy.



Rue des Chasseurs Ardennais, 3
4031 Angleur-Liège
Téléphone +32 (0)4 367 30 63
Fax +32 (0)4 365 23 46


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