The Space Frontier Foundation will host the annual NewSpace Business Plan Competition during its NewSpace 2012 Conference at the NASA Ames Research Center in Silicon Valley on July 26-28. The competition helps entrepreneurs creating startups and firms developing supporting, problem-solving and game-changing technologies in support of the NewSpace space industry. As many as 10 finalists will present their plans to a distinguished panel of judges, featuring venture capitalists, angel investors and business development leaders. They’ll receive professional feedback and exposure to the public, press and investor community. The winner will awarded a $100,000 Grand Prize funded by a grant from NASA Ames. This grant also funds a $10,000 Second Prize.
We are transforming space from a government- owned bureaucratic program into a dynamic and inclusive frontier open to people. We are determined to convert the image held by many young people that the future will be worse than the present, and we reject the idea that the world's greatest moments are in its past.