The Space Frontier Foundation hosted its 2007 NewSpace Business Plan Competition at the NewSpace Conference, July 2007 in Washington, DC. The competition was open to early stage companies with technologies or products which advance the goal of developing an enduring human presence in space. The program included a private one day boot camp for entrepreneurs on Thursday July 19. The business plan competition took place Friday morning, July 20.
2007 Competition Winners
1st Place: $500 | SpeedUp
Honorable Mention: Beyond-Earth Enterprises
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Thursday, July 19th : Boot Camp Curriculum
8 – 10 AM First Dry Run
Each company gave a pitch in private to a panel of judges. Companies received feedback on what to rework in their pitch.
10 AM – 5 PM Sessions for all Companies
Bryan Lilley – Review of major space sponsorships deals and how to present to sponsors.
Press & PR
Jim Asker – Editor in Chief Aviation Week & Space Technology – How to pitch press stories and write press releases.
Ken Davidian – SBIR programs and other sources of government funding.
Business Plan writing
Shubber Ali – How to draft the written business plan from someone who’s done it before.
6 PM Dress Rehearsal
All companies wishing to participate in Friday’s business plan competition must attend and give their pitch at the dress rehearsal. The top companies were allowed to give a pitch. All remaining companies gave a one minute pitch to the audience. All participating companies had the opportunity to submit a one page summary to all judges and accredited investors in attendance.
Friday, July 20th 8 – 10 AM : Business Plan Competition
Prizes: $2,000 cash
By the end of the day Thursday all participating companies submit a one page summary. The summaries were printed, bound and distributed to all investors in attendance as well as those who could not make it.
SEC-accredited investors and their representatives judged the business plans based on a one-page summary and a 5-8 minute pitch. Presenting companies are all early stage companies with technologies or products that advance the goals of an enduring human presence in space.
- Mohanjit Jolly – Partner, Draper Fisher Jurveston
- Andrew Nelson – Angel Investor, Boston Harbor Angels
- Guillermo Söhnlein – Managing Director, Space Angels Network
- Lee Valentine – Angel Investor
- Dr. Burton Lee – Partner, Innovarium Ventures
- Shubber Ali – Entrepreneur
2007 Competition Project Managers: Rich Pournelle, Amaresh Kollipara