THE SPACE REVIEW
An international Space Investment Summit Coalition is showing how a disparate group of companies and nonprofit organizations can unite in working toward a common long-term objective: financing sustainable entrepreneurial innovation in the emerging commercial space industry. The challenge facing the Coalition is significant, because seed and early-stage investors have high standards for evaluating entrepreneurial business opportunities—standards that many space-related startup companies find difficult to meet. Rather than sitting back and waiting for this situation to improve, the Coalition is taking action. The group’s basic approach is to organize periodic summits—events designed to educate entrepreneurs regarding how to meet the investor standards, while simultaneously informing investors about space-related business opportunities. This incremental process may gradually help improve the quality of entrepreneurial business plans presented and consequently attract an increasing number of investors to consider them. As more and more new businesses become sufficiently attractive to secure investment capital, new space-related markets may develop, with benefits for all concerned.
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