Space entrepreneurs will compete for
a chance to have their business plans evaluated — and possibly funded — at
the Space Frontier Foundation’s Annual Conference, to be held October 19-22 at
the Manhattan Beach Marriott.
Michael Heney, Chairman of the Board for the Space Frontier Foundation, is
excited about this opportunity.
“The Foundation has been working diligently
to bring new investors into contact with emerging space companies,” he
remarked.
“Any company proposing to use space to make a product or deliver a
service is welcome to submit their business plan.”
The competition gives space businesses a chance to meet with potential
investors, who offer millions of dollars each year to emerging companies and
new technologies.
The Space Frontier Foundation will host this event, with
the California Space & Technology Alliance (CSTA) as a co-sponsor.
Providing funding to new-paradigm space businesses makes perfect sense to
James George, Executive Director for the Space Frontier Foundation.
“After
all, we’re helping to build a new industry here,” he stated.
“The biggest
challenges facing these companies are financial, not technological.”
An independent panel of investment professionals will select the
presenters from the business plans received prior to September 19th.
During
the conference, the selected companies will present their business plans twice
— once to the panel for feedback on the conference’s opening day, and then to
a wider audience of investors to be considered for funding the following day.
Any company wishing to participate can contact the Foundation by phone or
review the details at www.space-frontier.org.
For more information about the Space Frontier Foundation conference and
business competition, log on to www.space-frontier.org, or call
1(800) 78-SPACE.
