Some of the most innovative companies across Scotland are benefiting from business advice and financial support through a fully funded business incubator – and they all have one thing in common; they use space technology in their business.
Meet some of the startup businesses that are realising true growth and have unparalleled access to guidance from experts in the space sector.
First, we have Huli, who help cyclists plan different routes according to their distance and elevation, all downloadable to your phone or cycling device.
Next, we will take a look at Nudge Exchange, who use this technology to develop a platform that matches software developers with businesses actively seeking their talents. It’s essentially a skills-matching platform, accessible to all, but driven with space technology.
We’ll tell you more about these businesses, and the impact the Incubator has had on them over the coming weeks.
They are part of the cohort of six which also include Hypervine, Braided Communications and Seawater Solutions who are all using space technology in unique ways to bring exciting new products and services to the market place.
They join an elite list of alumni including GSI, Trade in Space and R3 IoT who all attribute a significant element of their growth and success to the support from the Incubator.
The Incubator helps startup and high growth businesses expand their ideas whilst providing support and office space during this crucial time. With 56% of UK startups going out of business in the first 5 years, it’s vital that each business is given this guidance at the early stage of development. And with a unique insight into the space sector, SoXSA are able to give this backing to help them further their idea as well.
If you have a similar business idea that’s in its infancy and uses space technology as part of your business plan, you too could benefit from Incubation.