Selected Competitors will Present their Plan to Investors and Business Leaders and vie for the $1000 prize.
The Space Frontier Foundation (SFF) and Students for the Exploration and Development of Space (SEDS) are proud to announce the Student NewSpace Business Plan Competition. Specifically designed to give students a chance to enter the world of space entrepreneurship, this competition is open to all undergraduate and graduate students with an idea for a frontier-enabling business. Competitors will pitch their space industry or space-scalable business proposal to a panel of investors and NewSpace leaders, and vie for the $1000 grand prize. The winner will also be automatically entered into the NewSpace Business Plan Competition held at the NewSpace 2012 Conference. To enter the competition, submit an Intent to Compete form by September 30, 2011 to firstname.lastname@example.org.
The competition has three parts: the Intent to Compete and Executive Summary submissions, and for selected finalists, a presentation of their plan to the judges. Presentations will take place on October 28th at SpaceVision 2011 in Boulder, Colorado. Judges include Jon Goff of Altius Space Machines and winner of the 2011 NewSpace Business Plan Competition, and Tom Olson, Managing Partner of Exodus Consulting Group and tech investor. The awards will be announced at the conference banquet. The first prize award is $1000 and automatic entrance to the NewSpace Business Plan Competition, second place award is $500, and third place award is $250.
It is highly encouraged that engineers work with business students to fulfill both the product development and business plan portion of the competition. Visit the contest site for rules and details.