It may not be as heady as the X Prize, but the Space Frontier Foundation is planning what you might call the B Prize for space-related business plans. The payoff for the best pitch? Entrepreneurial glory … plus a $1,000 poker chip, awarded by an investor at the foundation’s annual conference in Las Vegas next month. XCOR Aerospace’s Rich Pournelle, a guy who is well-versed in the world of space entrepreneurship, sent along the call for entries for the NewSpace 2006 Business Plan Competition.
Pournelle emphasized that the entries need not be restricted to rocket ships. “It only has to be space-related,” he told me. “For example, if it’s a rocket-powered car, we would consider the business plan. Or materials science, or solar power technology that might be used in satellites, or remote sensing, or any kind of life support systems. Any of that kind of stuff, we would consider.”
Here’s the language from the call for entries, which will be posted on the Space Frontier Foundation‘s Web site as well: “Entrepreneurial space companies who are interested in participating in this rewarding competition are asked to submit a 1-3 page executive summary of their plan by July 10 to firstname.lastname@example.org. Amaresh Kollipara is an entrepreneur and a former Accenture executive who will screen the entries.