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Entrepreneurs have the chance to win prizes totalling a million euros in this year’s European Satellite Navigation Competition. ESA will award a special prize of €10 000 for the best idea and support the business start up at one of its four incubation centres. Now in its seventh year, the European Satellite Navigation Competition (ESNC) is boosting ideas for innovative satnav application and services. More than a thousand ideas were submitted over the first six years, many of which have turned into new businesses in Europe. Since 2005 ESA’s Technology Transfer Programme Office (TTPO) has been a partner in the competition and for the past two years it has offered a €10 000 ESA Special Topic Prize. “We are seeking innovative and creative business ideas with the potential for quick market implementation and high economic growth using satellite navigation in non-space business environments,” explained Frank M. Salzgeber, Head of TTPO. Read More
