The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has introduced the Pre-Incubation Entrepreneurship (PIE) development programme, aimed at nurturing early-stage space startups. This ambitious initiative is designed to cultivate the next generation of space technology innovators in India.
The PIE development programme spans 21 months and offers a comprehensive roadmap for aspiring entrepreneurs, divided into three key phases: ideation, innovation, and prototype development. The programme is structured to provide crucial support at each stage, ensuring that participants receive the guidance and resources needed to bring their space-related ideas to fruition.
Dr. Pawan Goenka, Chairman of IN-SPACe, emphasized the strategic importance of the programme. “India’s space sector is poised for exponential growth, and young entrepreneurs are crucial to driving this expansion,” Goenka stated. “The PIE programme will serve as 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 early-stage support will help to unlock the potential of innovative minds and contribute to India’s leadership in the global space industry.”
Participants in the PIE programme will benefit from a collaborative learning environment, providing opportunities to connect with and learn from seasoned mentors. These mentors are carefully selected from leading research institutions, incubators, academia, and prominent space industry players. This direct access to industry veterans and subject matter experts will offer invaluable insights, feedback, and networking opportunities.
The initiative aims to foster a culture of innovation among young entrepreneurs, driving scientific advancements that not only generate socio-economic benefits but also contribute to broader economic development. It is expected to create new job opportunities within India’s burgeoning space sector.
To be eligible for the PIE programme, applicants must meet specific criteria: they must be Indian citizens graduating in 2024 or already hold a degree. They should not have received any previous grants or funding from private or government sources, and all submissions must be original work. Additionally, startups must be registered with the Department for Promotion of Industry and Internal Trade (DPIIT) on or after July 1, 2022, to be considered early-stage startups.
