Astrophysics and Space are two of the priority scientific areas in the Smart Specialization Strategy of the Canary Islands (RIS3). In addition, they are strategic sectors for the Tenerife Island Council, who fosters the development of a culture of innovation on the island of Tenerife. In this sense, and given that in the Canary Islands there is no incubation center for companies dedicated to these sectors,  IAC has recently launched a project for the creation of the Astrophysics and Space High Technology Incubator, IATAE.

The main aim of this project is to carry out the promotion activities necessary for the start-up and consolidation of the incubator with the final objective of promoting the entrepreneurial spirit and the creation of companies in the Astrophysics and Space sectors.