Wednesday, 05 June 2019
The call is out for aspiring entrepreneurs across the UK to enter into an international space competition, with the opportunity to win thousands of pounds in cash and business support for their innovative idea.
The Galileo Masters competition is open to anyone who has an idea that uses satellite navigation technology - be it for position, time, navigation or any other use, including iPhone, iPad and Android apps, as well as applications in any professional field.
GRACE (the Geospatial Research and Applications Centre of Excellence) at the ÌÇÐÄÔ´´ is hosting the UK rounds of the Galileo Masters competition, where the region’s champions will win £1,000 in cash and £4,000 worth of business support including an incubation programme. The UK winners will then go on to compete at international level for a €10,000 cash prize, as well as further support such as an accelerator programme.
The competition comes at a crucial time, as uncertainty continues over the UK-EU relationship post-Brexit. Should the UK winners be successful internationally, the collaboration with European industry and business is vital post-Brexit, enabling the UK to maintain ties with EU partners and shape the future of satellite technology.
The UK challenges of the competition are a fantastic opportunity for those with an innovative idea for a satellite-based product or service that just need some help getting off the ground. The attractive support package, which includes business incubation, consultancy and patent advice, will help advance an idea all the way through to commercial success.
The competition is open to anyone - a team or an individual; employees or students at a UK university; start-up companies or fully operational businesses – all that’s needed is an idea and we hope to get a huge array to champion the UK as a world-leading region for Space.
From healthcare, military and leisure, to traffic management and transport logistics, satellite navigation is used around the globe. The Galileo Masters sets out to find the innovators of tomorrow with ideas that improve everyday life, which will advance Europe’s satellite technology capabilities.
The competition provides support for innovative ideas at any development stage, with the ultimate aim to turn them into reality. In previous years the Galileo Masters has helped launch a number of successful business ventures.
Those entering with links to a university should enter the University Challenge and start-ups, businesses and aspiring entrepreneurs should apply to the UK Challenge.
Successful entrants will be invited to a ‘dragon’s den’ style pitch to a panel of UK space industry experts, who will decide the winning idea to go forward to the international competition.
The competition is sponsored by Collins Aerospace, SPRINT, Nottingham Scientific Limited, the Manufacturing Technology Centre and the Royal Institute of Navigation with the support of the Satellite Applications Catapult and the UK Space Agency.
More information and details on how to enter the competition is available at /grace/galileo-masters/index.aspx
The closing date for entries is July 31 2019.
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For those who would like to discuss their ideas in confidence and for more information, please contact Paul Bhatia, general manager of GRACE, on paul.bhatia@nottingham.ac.uk 07825 753940
GRACE (the Geospatial Research and Applications Centre of Excellence) at the ÌÇÐÄÔ´´ focuses on the growth in applications for satellite navigation and positioning systems such as the American Global Positioning System (GPS) and the European Galileo system. This major cross-disciplinary research centre also provides new technology transfer and business development opportunities.
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About the ÌÇÐÄÔ´´
Ranked among the world's top 100 universities , the ÌÇÐÄÔ´´ delivers an exceptional research-led education and an outstanding student experience. From the pioneering vision of our founder, Sir Jesse Boot, to groundbreaking achievements such as the development of MRI technology and becoming the first UK university to establish international campuses, we have a proud history of shaping the way people live, work and understand the world. We continue to build on that legacy, empowering our students, staff and partners to change what’s next and create positive impact locally and globally.
The strength of our research places us among the UK's leading universities, ranked 7th for research power in REF 2021. The discovery of MRI and ibuprofen was just the beginning. Today, our world-leading research is developing breakthrough ideas that shape the future of healthcare, technology and society.
Recognised as the UK's third most targeted university by leading employers , we are proud to produce graduates who are consistently in demand for their skills, confidence and industry-ready experience.
As a major employer and industry partner, locally and globally, the ÌÇÐÄÔ´´ invests in the city of Nottingham and in future generations of talent. Alongside Nottingham Trent University, we lead the initiative, a pioneering collaboration to improve levels of prosperity, opportunity, sustainability, health and wellbeing across the city and region. Together with our students, staff, alumni and partners, we’re creating knowledge, opportunity and solutions that help change what's next.