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.