Challenges and Opportunities in Space Financing for Emerging Entrepreneurs

By W. Peeers (ISU), O. Guruna, (Turquoise Tech Solutions), V. Zervos (ISU), Posted 03/01/09

Link: http://www.iisc.im/documents/IAC_Glasgow_2008_1.pdf

“The…dialogue between the young space entrepreneur and the space investor remains difficult. This is particularly true with regards to the market-stakeholders of the financing world, namely the Business Angels and Venture Capitalists. With the support of the European Commission (Innova Initiative) research was undertaken…to assess this problem and potentially develop suitable facilitating solutions. Using a unique and tailored database of space and hi-tech investors key elements of financing problems for start-up entrepreneurs were analysed with the use of questionnaires.” Better communication between space engineers, scientists and the financial community is essential. This can be assisted by developing an educational and supportive multi-disciplinary framework