Space Angels Network Supporting NewSpace Business Plan Competition

San Francisco, CA– April 2, 2012 – Space Angels Network, a national network of seed and early-stage investors focused on aerospace and aviation startups, has announced its participation in producing the 2012 Space Frontier Foundation Business Plan Competition. Serving as a Contributing Sponsor, Space Angels Network will screen applicants, serve as a presentation coach for finalists, and provide the first place finisher complementary investment guidance, including an opportunity to meet in-person with Space Angels Network members,
The Space Frontier Foundation Business Plan Competition will be held during NewSpace 2012, a three-day event at NASA Ames in July 2012 (http://newspace.spacefrontier.org). The NASA supported Grand Prize will include an award of $100,000 for the best business plan. NASA also is supporting a second prize of $10,000. Important dates for the completion include:
July 25 – Teams arrive at conference hotel for a preparatory 2-day “Boot Camp”
July 27 – Business Plan Competition
July 28 – Business Plan Competition winners announced during an Awards Gala
The Business Plan Competition is designed for new, independent companies in the seed, start-up, or early growth stages. The competition simulates the real-world process of entrepreneurs soliciting for start-up funds from early stage investors and venture capital firms.
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