Innovation Advisory
Innovation ecosystem development is essential for fostering a vibrant, sustainable space industry. Novaspace specializes in cultivating innovation ecosystems that support the growth of start-ups and SMEs within the space sector. By leveraging our extensive network and deep industry knowledge, we create environments where innovation can thrive, enabling the development of groundbreaking technologies and business models.
We work closely with stakeholders across the space industry, including government agencies, research institutions, and corporates, to build collaborative ecosystems. Our approach includes identifying and addressing barriers to innovation, facilitating knowledge exchange, and promoting best practices. We also support the establishment of incubators, accelerators, and innovation hubs that provide crucial resources and mentorship for emerging space ventures.
Our Expertise.
Novaspace’s expertise extends to organizing in-presence and virtual idea competitions, hackathons, incubation acceleration programs, match-making, inducement prizes, access to finance policies, and networking platforms that stimulate creativity and foster collaboration.
We offer services to our clients across 6 key dimensions, encompassing the entire innovation life cycle:
Ideation – Supported through hackathons, challenges design sprints, and expert mentoring
Incubation – Providing structure, support, and a community of entrepreneurs for start-ups
Acceleration – Refining start-up business models, funding access, and networking to help them scale
Training – Equipping founders and businesses with the skills & knowledge required to innovate and grow
Market Insights – Mapping the space funding landscape through our quarterly Space Innovation Atlas
Strategy & Policy – Strengthen ecosystems and its key players with initiatives, policies, & investment