Europe’s leading space business competitions team up at University of Leicester

Posted by ap507 at May 26, 2015 01:33 PM |
Contests give access to cash prizes and professional business support for students, entrepreneurs and businesses with great ideas using satellite technology

Issued by the University of Leicester Press Office on 26 May 2015

Students, entrepreneurs and businesses are invited to the University of Leicester on 4 June to receive coaching and advice regarding Europe’s leading space business competitions, the European Satellite Navigation Competition (ESNC) and the Copernicus Masters, to help turn out-of-this-world ideas into a reality.

The contests ask budding entrepreneurs to come up with an idea for a new product or service that uses satellite positioning, navigation and timing technology – such as a GPS - or satellite Earth observation data.

The ESNC offers a cash prize of £5,000 and comprehensive business support to the UK winner with the chance to enter the ESNC European Grand Prize to win around £15,000 (€20,000).

The Copernicus Masters is based around a series of challenges. In 2015, the Satellite Applications Catapult, a UK innovation and technology company, is supporting the Smart Cities and Intelligent Transport Challenge to win a business support package worth around £7,000.  Each challenge winner is also entered into the European Grand Prize to win around £15,000 (€20,000) and a satellite data quota worth around £43,000 (€60,000).

Both competitions also offer a specific University Challenge prize aimed at students and research associates.

On 4 June the competition team will be running an information session on both contests and participants can sign up for a 1-to-1 session on the day to discuss their idea in confidence with the team or receive business, patent and Intellectual Property advice.

Professor Paul Monks, Professor of Atmospheric Chemistry and Earth Observation Science at the University of Leicester Department of Chemistry and from the East Midlands Business and Research Satellite Applications Centre of Excellence (EMBRACE), which is hosting the event, said: “The competitions are a great opportunity for entrepreneurs to connect with the Space sector, and get the support they need to transform an idea into a business.  It takes about two hours to complete an application; you don’t need a fully formed business plan and we’re here to help guide you through the process.”

Students, entrepreneurs and established businesses with ideas for an innovative satellite application are encouraged to attend.

The event takes place on 4 June at College Court, University of Leicester, Knighton Road, Leicester, LE2 3UF.

The competition closing date for the ESNC is 30 June 2015 and the Copernicus Masters closes for entries on 13 July 2015.

Register for the Leicester workshop here: https://sa.catapult.org.uk/-/european-satellite-navigation-competition-and-copernicus-masters-2015-discovery-workshop-leicester

•       Additional information about the European Satellite Navigation Competition 2015 is available here: http://www.ukesnc.com/  

•       Additional information about Copernicus Masters: http://www.copernicus-masters.com/   

ENDS

Notes to editors:

For more information, please contact Svetlana Zolotikova at sz63@le.ac.uk  

Share this page: