Small businesses developing products and services for the space sector will be able to take advantage of a new incubation programme being run at the University of Nottingham Innovation Park (UNIP).
The Space Technology Entrepreneurship (Space TEC) programme at Nottingham will utilise the University’s expertise in key technologies and enterprise education, and will also link with its international campuses.
The Space TEC programme is being funded through the UK Space Agency’s Business Incubation Programme.
Colin Baldwin, UK Space Gateway programme manager at the UK Space Agency, said: “Within the East Midlands there are opportunities for a range of companies developing innovative products that can match the needs of the space industry, building upon existing strengths in space hardware, Earth observation and global navigation systems.
“We’re committed to nurturing business and research in these regions, and showing small businesses how they can benefit from our £11.8 billion space industry.”
Mark Tock, director of the University of Nottingham Innovation Park, said: “It is fantastic news that UNIP is part of this exciting UK Space Agency incubation initiative, and very timely with the forthcoming opening of our new Technology Entrepreneurship Centre.”