The UK Space Agency has awarded just under £150,000 to three business incubation centres across the UK which will support entrepreneurs and small companies in the space industry.
The Agency is working with UK industry to deliver world-class science innovation support, in line with the Government’s Industrial Strategy, which emphasises the importance of science, innovation and skills.
The business incubation centres in the Solent, Scotland and the South West of England, will support start-up companies by providing advice and support, giving access to facilities and resources and collaborating on events and initiatives with other business incubators.
The space sector is a UK success story, with growth averaging over 8% a year over the last decade, a turnover in excess of £11 billion a year and ambitious plans to achieve 10% of the global space market by 2030. Much of this growth is anticipated to come from companies using space-derived data or services in a broad range of different sectors.
Helen Roberts, Regional Growth Manager at the UK Space Agency, said: “We are delighted to extend the network of incubators supporting space sector start-ups to cover even more of the UK.
“These new business incubators add to the existing network of SETsquared, Leicester Dock, UNIP in Nottingham, Loughborough University, Business Durham, Science and Technology Facilities Council (STFC) at its Daresbury Laboratory site, Glyndwr Innovations in St Asaph, North Wales and the European Space Agency’s business incubator at Harwell.
“We look forward to working with them and seeing them help exciting new businesses to develop and flourish.”
Who are TigerX? TIGERX is a visualisation studio, creating bespoke CGI / VR imagery and video for their clients. “What we’re doing is create advertising imagery really. The difference is that CGI is our tool. It’s about selling the dream.” TIGERX was born in Hayle […]Read More
Avanti provides satellite internet to communities left out of the superfast broadband revolution. Not only does the company, which employs 50 staff at its Operational site at Goonhilly Earth Station on The Lizard, help give businesses access to fast and reliable internet connections in rural […]Read More
Be the first to hear the latest news, releases and stories from the UK's most exciting and innovative region
Cornwall’s eclectic mix of work environments offers a variety of opportunities from collaborative seaside co-working spaces through to industrial workshopsSee More
Cornwall’s businesses engage with and attract a highly motivated pool of professionals who are making the most of Cornwall’s unparalleled work/life balance
We work closely with various organisations to introduce your business to finance and funding opportunities throughout the region and beyondSee More
Work hard. Play hard. Live well.See More
Cornwall is home to a uniquely supportive and collaborative business community, and as soon as you arrive, you’ll feel it.See More
1 hour to London. 5 minutes to the beach. Up to 330 MbpsSee More
If you’ve got questions about establishing your business here, or if you’d like to find out exactly how we can support you, get in touch todayFind out more