SpaceTec Partners, merged with Euroconsult Group to form Novaspace, is well versed in the theme of entrepreneurship, innovation and funding, supporting early-stage companies and entrepreneurs with various innovation programmes on behalf of our clients.
SpaceTec Partners has contributed to implementing European policy actions, developing innovative support schemes for start-ups across Europe and streamlining investment conditions. We have hands-on experience as entrepreneurs, mentors of start-ups, as well as in shaping and executing hackathons, idea competitions, sprints, accelerators and incubators.
We advise policy makers with our in-depth understanding of the entrepreneurial ecosystem of the space sector. Recognised globally as thought leaders in NewSpace and space financing, this knowledge extends to access-to-finance themes, investigating the funding climate for space ventures and developing alternative financing instruments such as inducement prizes, innovative grant schemes, crowdfunding and even tax incentives for VC funds.
Our team regularly supports transactions in the sector with commercial due diligences for leading investment funds.
A comprehensive analysis was conducted for a venture capital fund considering an investment in a space manufacturer with a robust IP portfolio. The assessment encompassed evaluating market potential, supply chain dynamics, customer requirements, and technological trends, enabling the client to make an informed decision to proceed with the investment.
The EUSPA Space Academy is a free, online and customisable programme for innovators seeking to unlock the potential of downstream space data. Entrepreneurs can access a solid foundation of skills for their businesses, with 18 different training courses across business and technical topics.
With its free and open data policy, Copernicus is a key entry point for the region of Central America to begin to reap the benefits of space applications and support the implementation of sustainable development policies, disaster risk reduction, emergency management and mutually beneficial international collaborations.
In the quest to foster space entrepreneurship in Eastern Europe, from the south-eastern region all the way to the Baltic countries, InnORBIT seeks to assist innovation intermediaries to encourage the growth of their space start-ups
Liftoff Accelerator is a bespoke space accelerator supporting
start-ups in the space industry with customisable support opportunities. As experts with in-depth space industry experience and a long-standing network within the space ecosystem, we help growing start-ups to lift off their businesses sustainably.
AI4EO, led by Novaspace, aims to build a community involving both AI and EO professionals, students, and other stakeholders, to develop innovative solutions to grand societal challenges through a series of challenges.
The CASSINI Hackathons challenges students, researchers, and entrepreneurs to think outside of the box and develop innovative solutions using geospatial information from Copernicus Earth observation data and its services and/or positioning technologies from Galileo & EGNOS. Three winners from each edition will benefit from our customised mentoring programme aimed at advancing their solutions to establish long-lasting, sustainable European businesses.
The Farming by Satellite Prize rewards young innovators exploring the use of satellite technologies to improve agriculture and reduce environmental impact.
Code4Green brought together the bright minds of Europe to hack impactful solutions to real-life challenges using open environmental data.
Point.IoT accelerates European innovation with the guidance of leading industry experts. Combining expertise in GNSS, IoT, business and leadership together with a virtual and real-life entrepreneurial experience, the programme equips 10 teams every year with a robust entrepreneurial toolkit to solve real challenges faced by industry today.
MyGalileoApp tasked competitors to design, develop, test and launch a mobile application that takes advantage of the increased accuracy and availability provided by the EU’s Galileo constellation. The winning team was awarded a first place prize of EUR 100,000 to bring their app into existence!
Copernicus Accelerator, implemented by Novaspace, offers European start-ups, companies, students and researchers the opportunity to take part in a 12-month acceleration programme featuring virtual trainings, regular coaching, and two interactive bootcamps.
Access to finance is a key enabler of entrepreneurship in a European space ecosystem which has seen several transformations and advancements in recent years. From an analysis of the role of the public sector, to evaluating market maturity and sector risks, this report provides a comprehensive review of the European space sector; identifying gaps, highlighting challenges and providing a number of recommendations and potential policy actions.
The commercialisation of the space business is rapidly advancing – in particular in the United States. The creation of new businesses with significant private capital investment, the deployment of new technologies and approaches, and the convergence with the information technology sector form the basis of what experts refer to as “NewSpace”.
