The UK Space Agency is launching an £8m Space Portfolio in collaboration with UKI2S to support early-stage space companies in a move to bolster the UK’s position in the global space industry. The aim is to address the funding gap that many startups face and accelerate innovation within the sector. With investments ranging from £100,000 to £500,000, this initiative is set to provide crucial support for budding space entrepreneurs. Andrew Griffith MP highlighted the government’s commitment to backing innovators in the space sector, while Shruti Iyengar expressed excitement in supporting UK space-tech startups. Dr. Barbara Ghinelli emphasized the importance of seed investment for economic growth in the space industry. The Portfolio will actively seek collaboration opportunities to maximize impact and foster growth for emerging space enterprises. Startups keen on pitching for funds can visit the UKI2S website for more information.
UK Space Agency Launches £8m Space Portfolio to Boost Early-Stage Startups’ Growth in Space Industry
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