Technology & Innovation

Dynamic ideas sought for second UK Space Agency programme

Published by
Nicky Godding

Dynamic ideas from start-up and established high-tech businesses across the UK are being sought for the second Oxford Innovation Space Incubator programme, but you need to get in quick, deadline for ideas is Friday November 15.

Following the success of last year’s first cohort, Oxford Innovation has teamed up with the UK Space Agency to deliver the 2019/2020 programme, open to entries from established businesses and new company founders.

Officially launched on 11th October 2019, businesses have until Friday, 15 November to submit ideas which have the ability to solve real-world problems in sectors such as; aerospace, marine, transport, health, gaming and agri-tech, although ideas for any sector are welcome.

Last year, Agrinav was one of five businesses to secure grant funding thanks to the help of the expert team at Oxford Innovation. After securing a £125,000 European Horizon Grant the firm’s variable rate fertilizer spreader, which analyses satellite images to produce a map and calculate the amount of fertilizer required for an area, will be developed following successful trials.

Managing Director of Oxford Innovation, Jo Stevens said: “We are absolutely delighted to be partnering again with the UK Space Agency to deliver this unique programme which will provide successful applicants with access to world-class research and innovation support.

“We are looking forward to building on the success of last year which saw us secure thousands of pounds worth of funding to help participants deliver their vision for the future and to connect with industry primes such as Ordnance Survey, Airbus and Boeing.”

Funded through the UK Space Agency’s National Space Technology Programme (NSTP), a package worth thousands of pounds will be awarded to six companies with the best solutions for real-world problems.

Each of the six winning projects will receive introductions to technical support from universities, research agencies and prime space related businesses. In addition to benefitting from six months free workspace at Oxford Innovation’s BASE Bordon Innovation Centre, in Hampshire, and access to a series of  interactive workshops delivered by experts in; PR, commercial agreements, funding and marketing.

Innovate2Succeed is also supporting the programme providing; bespoke coaching, partners, expert matchmaking, investor showcase and networking events with other dynamic space entrepreneurs and innovators.

Charles McCausland, Head of Major Projects and Technology Development at UK Space Agency said, “We’re delighted to be partnering with Oxford Innovation as part of our National Space Technology Programme. This will build on the success of the first cohort from the OI Space Incubator to identify, develop and underpin space technology capabilities across the UK.”

Elaine Kearney, Innovation Director at the BASE Bordon Innovation Centre, is the driving force behind the project which will be delivered by Oxford Innovation’s specialist business advisers, and the UK Space Agency’s network of space incubators, universities, and experts.

 

To find out more about the OI Space Incubator and apply to the 2019/2020 programme visit http://oispace.co.uk/registration to register your business by 15th November.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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