The North East Space Incubation Programme is delivered by Business Durham 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.
The expert panel providing support to companies participating in the programme are:
· Ross Golightly of Sphera Consulting
· Karen Large of Think Innovative
· Ian Swain of IS Business & Finance
· Graeme Jordan of STO Consulting
· Alex Shiel of Ward Hadaway
· Antony Hall of Mincoffs Solicitors
The five companies have now been chosen and are currently working with the team of experts with a view to growing each business.