IN-SPACe announces launch of Pre-Incubation Programme for space startups

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched the Pre-Incubation Entrepreneurship (PIE) development programme, a pioneering initiative aimed at supporting and nurturing early-stage space startups.

The 21-month programme is designed to empower the next generation of space tech innovators by providing them with essential tools and guidance to transform their space-related ideas into viable ventures. 

Who is eligible to apply for the PIE programme?

The PIE programme targets students in technical courses or those with a strong interest in space technology, expected to graduate in 2024 or pursuing master's or Doctorate programmes. 

Additionally, early-stage startups focusing on space technologies are also eligible. To qualify, applicants must not have received any grants, funding, or monetary support from private or government schemes. 

All submissions must be original work, and startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) on or after July 1, 2022, are classified as early-stage startups.

How will the PIE programme support entrepreneurs?

The PIE programme offers a comprehensive journey divided into distinct phases of ideation, innovation, and prototype development.

Aspiring entrepreneurs will receive structured support at each critical stage of development. They will benefit from direct access to industry veterans, subject matter experts, and seasoned mentors from leading research institutions, incubators, academia, and prominent space industry players.

This access will provide invaluable insights, feedback, and networking opportunities, essential for navigating the complexities of the space industry.

What are the goals and expected outcomes of the PIE programme?

The programme aims to foster a culture of innovation among entrepreneurs, propelling scientific advancements that generate socio-economic benefits and contribute to broader economic development. "India's space sector is poised for exponential growth, and young entrepreneurs are crucial to driving this expansion," said Dr Pawan Goenka, Chairman of IN-SPACe.

"The PIE programme will provide them with a launchpad, equipping them not only with technical expertise but also with the business acumen needed to navigate the complexities of the space industry."

The initiative is expected to create new job opportunities in India's space sector and solidify the country's leadership in the global space industry.