Subscribe to our free daily newsletters
  Space Travel News  




Subscribe to our free daily newsletters



8th Continent Project Starts Colorado's First Aerospace Incubator

-
by Staff Writers
Golden CO (SPX) Mar 20, 2008
The 8th Continent Project, the world's most comprehensive effort to integrate space technology and resources into the global economy, has received a $150,000 grant from the Colorado Economic Development Commission to start Colorado's first ever aerospace business incubator - helping the state maintain its national ranking as the second largest private aerospace employer.

The 8th Continent Project, an initiative of the Colorado School of Mines, includes a chamber of commerce, funding network, research center, and now the business incubator.

The Project is organizing "Space 2.0" - the emerging generation of entrepreneurial space-related business ventures - and working to define the next frontier and solve some of the world's biggest challenges, from global warming to resource and energy development. The infusion of space resources into the global economy will be the next big leap as we begin to bring space down to Earth.

"For the first time, government, industry and academia have joined forces with entrepreneurs and venture capitalists to forge the next frontier in commercializing space technology and resources," said Colorado Governor Bill Ritter. "With our region's unique cluster of businesses, IT infrastructure, research institutions and aerospace workforce, the 8th Continent Project and Colorado's first aerospace incubator will position Colorado at the vortex of 'Space 2.0.'"

The incubator, which will provide services but no office space, will serve companies that are involved in space technology and resource development for everything from activities in space to immediate opportunities on Earth. The companies can include anything that is typically associated with the space program.

The 8th Continent incubator expects to serve 14 to 15 start-ups per year. Burke Fort, executive director of the 8th Continent Project, and John Metzger, CEO of Metzger Associates, will serve as co-directors of the incubator.

"We are delighted that the Colorado Economic Development Commission chose the 8th Continent project to fund the first-ever aerospace incubator in Colorado," said Burke Fort, 8th Continent Project executive director.

"The 8th Continent business incubator will serve the Space 2.0 entrepreneurial community by bringing entrepreneurs together with expertise in venture capital, legal, risk management, communications and management consulting. The incubator companies also will receive membership in the 8th Continent Chamber of Commerce and gain all the benefits that it offers."

Each dollar provided by the Commission is being matched by $2.5 dollars through cash and in-kind contributions from the 8th Continent's founding partners, including the Colorado School of Mines, Townsend and Townsend and Crew intellectual property law firm, and Metzger Associates public relations and capital strategies firm. The grant will be distributed over three years at $75,000 the first year, $50,000 the second year and $25,000 for the third year.

"The incubator and the 8th Continent Project also will provide more resources for the traditional large budget spacecraft and exploration-based firms, Space 1.0, that have a strong presence in the state," Fort added.

Related Links
8th Continent Project
The latest information about the Commercial Satellite Industry



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


SPACEHAB Debuts New SPACETECH Product At Aviation Industry Expo
Houston TX (SPX) Mar 19, 2008
SPACEHAB has announced the successful completion of development and testing activities for its new AirWard Container Systems. Planned for unveiling at the Dallas Aviation Industry Expo in Dallas, Texas, March 18-20, 2008, AirWard Containers are the first product to go to market from the Company's new SPACETECH, Inc. subsidiary.







  • European Space Truck Jules Verne In Parking Orbit
  • New Purdue Facility Aims To Improve NASA Moon Rocket Engine
  • Space X Falcon 9 Facing More Delays As Shuttle Replacement Looms
  • SpaceX Completes Qualification Testing Of Falcon 1 Merlin Regeneratively Cooled Engine

  • Cape Canaveral Airmen Launch Delta II Rocket
  • ProStar GPS Guides Players At Arizona Golf Resort
  • Pratt And Whitney Rocketdyne Rocket Engine Powers Latest GPS Satellite Into Space
  • United Launch Alliance Launches Delta 2 For US Air Force GPS Replacement Satellite

  • Space Shuttle Endeavour Docks At Space Station
  • NASA puzzles over mysterious 10-second debris
  • Endeavour prepares for ISS docking
  • Space shuttle Endeavour is launched

  • ISS astronauts take rest day after setting up giant robot
  • Dextre Flexes It's Muscles And Gets Ready To Work On The ISS
  • Astronauts assemble Canadian robot on 7-hour walk
  • Jules Verne Demonstrates Flawless Collision Avoidance Manoeuvre

  • Korea's first astronaut hopes to make peace with North
  • Sci-fi guru Clarke dies in Sri Lanka
  • First Korean astronaut 'honoured' about space mission
  • Successful Manoeuvres Position Jules Verne ATV For Crucial Tests

  • China To Use Jumbo Rocket For Delivery Of Lunar Rover, Space Station
  • China's Recoverable Moon Rover Expected In 2017
  • First China Spacewalk On Course For October
  • China To Launch Second Olympic Satellite In May

  • iRobot Receives Award For DARPA LANdroids Program
  • Coming soon to Japan: remote control with a wink
  • Japanese cellphones to turn into 'robot' buddies
  • Killer Military Robots Pose Latest Threat To Humanity

  • Salt Deposits May Have Evidence Of Life On Mars
  • Mars Express Reveals Volcanic Past Of The Red Planet
  • Women Drivers On Mars
  • HiRISE Discovers A Possibly Once-Habitable Ancient Mars Lake

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement