Bengaluru, Indian National Space Promotion and Authorization Center (IN-SPACe) has launched a Pre-Incubation Entrepreneurship Development Programme, a pioneering initiative designed to support and nurture early-stage space startups.
The Pre-Incubation Entrepreneurship (PIE) program will develop and empower the next generation of space technology innovators, providing them with the tools and guidance they need to turn their space dreams into reality.
“India's space sector is poised for rapid growth, and young entrepreneurs are key to driving this expansion. The PIE program will provide them a launchpad, equipping them not only with the technical expertise but also the skills necessary to tackle the complexities Will also provide vocational skills to the space industry,” said IN-SPACe Chairman Pawan Goenka.The program will target students in technical courses or those with a keen interest in space technology, who are expecting to graduate in 2024, or are pursuing a Masters or Doctoral program and early-stage start-ups focusing on space technologies. and aim to develop entrepreneurial ventures.
According to Goenka, the early-stage support will help unleash the potential of innovative minds and contribute to India's leadership in the global space industry.
The 21-month program will guide aspiring entrepreneurs through a comprehensive journey divided into distinct stages of ideation, innovation and prototype development. It will also ensure that budding entrepreneurs receive structured support at each critical stage of development.
Direct access to industry veterans and subject matter experts will provide invaluable insights, feedback and networking opportunities, Goenka said."It will develop a culture of innovation among entrepreneurs, promote scientific progress that will generate socio-economic benefits, contribute to broader economic growth and create new employment opportunities in India's space sector," Goenka said.
Applicants must not have received any grants, funding, or monetary assistance from private or government schemes and all submissions must be original work to qualify.
Start-ups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) on or after July 1, 2022, are classified as early-stage start-ups. More information is available at www.inspace.gov.in.
The Pre-Incubation Entrepreneurship (PIE) program will develop and empower the next generation of space technology innovators, providing them with the tools and guidance they need to turn their space dreams into reality.
“India's space sector is poised for rapid growth, and young entrepreneurs are key to driving this expansion. The PIE program will provide them a launchpad, equipping them not only with the technical expertise but also the skills necessary to tackle the complexities Will also provide vocational skills to the space industry,” said IN-SPACe Chairman Pawan Goenka.The program will target students in technical courses or those with a keen interest in space technology, who are expecting to graduate in 2024, or are pursuing a Masters or Doctoral program and early-stage start-ups focusing on space technologies. and aim to develop entrepreneurial ventures.
According to Goenka, the early-stage support will help unleash the potential of innovative minds and contribute to India's leadership in the global space industry.
The 21-month program will guide aspiring entrepreneurs through a comprehensive journey divided into distinct stages of ideation, innovation and prototype development. It will also ensure that budding entrepreneurs receive structured support at each critical stage of development.
Direct access to industry veterans and subject matter experts will provide invaluable insights, feedback and networking opportunities, Goenka said."It will develop a culture of innovation among entrepreneurs, promote scientific progress that will generate socio-economic benefits, contribute to broader economic growth and create new employment opportunities in India's space sector," Goenka said.
Applicants must not have received any grants, funding, or monetary assistance from private or government schemes and all submissions must be original work to qualify.
Start-ups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) on or after July 1, 2022, are classified as early-stage start-ups. More information is available at www.inspace.gov.in.
