Want to take your idea to the next level?
NewSpace is an acceleration program that provides technological, industrial and business mentoring and offers seed funding for early stage space startups. Successful NewSpace applicants gain access to close cooperation with major global space tech companies that hunting for promising and innovative technologies.
Here the best projects selected via a multi-stage assessment will receive intensive development through 4 months of intensive acceleration as well as opportunities to attract major new investment. NewSpace offers startups AZN 100,000 worth of benefits package from different programme partners and provides up to AZN 20,000 seed funding to top 3 startups to support their growth through new business capabilities and improved operations.
You have innovative solution based on one of the challenges or an idea for new solution using the provided resources below? To help you better grasp our needs, the challenges have been subdivided into 3 different categories. If you have an innovative solution that falls into none of the 3 categories, submit your application to the "Open Track".
Applications in the satellite imagery are currently in the uptrend. Using the satellite imagery provided by the program, it's expected to be developed new and innovative ideas in order to be scaled up in the global market.
The main aim of user platforms is connecting the different users in one interface to exchange the related information. By doing so, users will get cutting-edge insight from each other and the reliable information from first hand and can form a new business model.
Control, navigation and prediction systems are experiencing the significant rise nowadays. Planning the mission far before the events occur and managing the flawless mission completion needs solutions providing dedicated and operational continuity.
Do you have an innovative solution for space industry that falls into none of the challenges given? We extremely recommend submitting your own challenge and its defined solution so that we get ourselves familiar with your potential impulse.
15 Oct 2018
Startups submit their applications online at www.newspace.az.
22 Nov 2018
Applications end on 22nd November, 2018 and reviewing process of applications and interviews starts.
27 Nov 2018
Announcements of Selected Startups
Successful applications are announced to enter NewSpace Accelerator.
1 Dec 2018
Acceleration program starts
Selected startups go through an acceleration program by the experts in a physical training sessions for 16 weeks.
30 Mar 2019
Acceleration program ends
Startups finalize the acceleration program with a solid business model, working product (MVP), early traction and a perfect pitch.
4 Apr 2019
Demo Day – Final
Startups pitch their progress and products to the Judges and investors in the Demo Day to compete for the Seed Funding, additional investment and scale-up opportunities!
Program Benefits (AZN)
Seed Funding (AZN)
Ready for the space?
Grab the opportunity and grow your disruptive startup into a global scale company!