2012 NewSpace Student Business Plan Competition Announced!

September 17, 2012 in News, Press Releases by SEDS Projects

Space Frontier Foundation and Students for the Exploration & Development of Space

Present NewSpace Student Business Plan Competition

 The Space Frontier Foundation (SFF) and the Students for the Exploration & Development of Space (SEDS) are proud to announce the 2nd annual Student NewSpace Business Plan Competition, taking place at SpaceVision on November 10th at the Buffalo Niagara Convention Center, Buffalo, NY. 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 is a cash award of $1000 and the second place team will be provided registration for attendance at the NewSpace 2013 Conference.

For more information on rules, procedures and deadlines, visit the competition website:

http://spacefrontier.org/projects/seds/student_bpc/

The First deadline is for the ‘Statement of Intent, which can be found on the above website or here:

 

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 Information: 

Contact Person: Michael Zwach
Organization: Students for the Exploration & Development of Space
Telephone Number:(719) 331-9104
Email: projects@seds.org
Website: www.seds.org

Contact Person: Sara Meschberger
Organization: Space Frontier Foundation
Telephone Number: (623) 271-2045
Email: sara.meschberger@spacefrontier.org
Website:  www.spacefrontier.org