Amherst, NY, September 01, 2013 --(PR.com
)-- The Space Frontier Foundation (SFF) and the Students for the Exploration & Development of Space (SEDS) are proud to announce the 3rd annual Student NewSpace Business Plan Competition, taking place at SpaceVision on November 8th at the Interdisciplinary Science and Technology Building 4 (ISTB4). SpaceVision is an annual conference organized by SEDS-USA, attracting large numbers of students, professionals and enthusiasts from around the country.
This competition will require its participants to pitch their business model to a panel of investors experienced in the NewSpace industry and space entrepreneurship. The NewSpace industry is a growing sector of companies who share a bold vision of enabling the economic frontier of space development in areas such as space tourism, space manufacturing, resources harvesting, and commercial services in transportation and satellite infrastructure. The business plan must therefore revolve around a space-frontier-enabling technology or service idea. The plan need not entail a company that literally operates in space.
All undergraduate and graduate students affiliated with a US-based university are eligible to participate; however, students may be of any nationality. Teams are encouraged to be creative and draw parallels from other sectors and industries. Engineering and business students are encouraged to collaborate together to develop a strong business model. Students need not be members of SEDS but are encouraged to reach out to or start a local SEDS chapter at their institution.
The Grand Prize includes one year of virtual incubation through the California Space Enterprise Center and Green 2, one year of member ship in Space Entrepreneur, Inventor and Innovator Program of the Space Enterprise Center, $1000 dollar cash prize sponsored by Zveznet Industries, and a trophy featuring a meteorite from Aerolite Meteorites, LLC sponsored by Standard Propellant.
For more information on rules, procedures, deadlines and prizes, visit the competition website: http://spacevision.seds.org/Business_Plan_Competition/
SEDS is the world’s largest student-run organization dedicated to space advocacy and development. Space Frontier Foundation is a non-profit corporation whose goal is to open the space frontier to space settlement through private sector development.
Contact Person: Joe Moellers
Organization: Students for the Exploration & Development of Space
Telephone Number: 641.330.5604
Contact Person: Sara Meschberger
Organization: Space Frontier Foundation
Telephone Number: 623.271.2045