Space Incubation Programme to help North East businesses

SuperNetwork partner Business Durham has secured funding to work with five North East businesses on space applications. The North East Space Incubation Programme is delivered at NETPark in partnership with the UK Space Agency.

It provides intensive support to early stage companies either already in the space sector, or who are looking to diversify into the space sector, including professional expertise in business planning and strategy, IP protection and exploitation, financial management, marketing and market strategies, and links to the wider opportunity network in the space sector.

NETPark is already the host of the Satellite Applications Catapult North East Centre of Excellence and has had success linking companies to lucrative opportunities in major space contracts.  The UK Space Agency is committed to nurturing business and research and showing small businesses how they can benefit from the UK’s £11.8 billion space industry. NETPark joins Daresbury, Glyndwr Innovations, Leicester Dock, Loughborough University and UNIP Management in the UK-wide incubation programme, an important part of the UK Space Agency’s ambition to achieve a 10% share of the global space market by 2030.

Details of how to apply are online here.

Partners

Our work is only possible with the support of our local and national partners, including Innovate UK, the Knowledge Transfer Network, the North East LEP, Northumbrian WaterNorth East BIC, and Reece Innovation with part funding from the European Regional Development Fund.
Huge thanks go to all our partners.