The Entrepreneurship and Investment Committee (EIC) of the International Astronautical Federation (IAF) in cooperation with the Space Generation Advisory Council (SGAC) introduces the $pace is Business Competition. This competition is an opportunity for students and young professionals to share their views and analysis on past, present and future of entrepreneurship and investment within the space sector.

Application Deadline: 15th March,  2018, 23:59 GMT


The content of papers may address any topic related to one of the two areas ‘public/private human access to space’ or ‘new space and new science’. Questions addressed may include, but are not limited to:

  • What are historic or current examples of public/private human orbital space activities?
  • Which roles do governments and industry take within public-private partnerships concerning human access to space?
  • How do industry and governments complement each other with regard to human access to space?
  • What are opportunities or barriers for the development of a commercial market for human access to orbit under the current national and international space policies and acquisition strategies?
  • What are current or historic examples of scientific space programs undertaken by private organizations?
  • What are opportunities or barriers for private organizations endeavoring to conduct scientific space exploration?
  • What are opportunities, changes, or difficulties that await the non-profit world of science with the emergence of private organizations in scientific space activities?


The main author of the winning paper will receive an award in order to attend and give a presentation at the following events:

The award will include provisions for travel, accommodation, and registration for SGC and IAC. The total amount of the scholarship will be determined at a later date and communicated to those selected for round two.

How to Apply

To apply, please submit your complete application using the Scholarships Submission Form. Your submission should follow the competition guidelines below.

Your applications will need to include a link to your 400 word abstract written in English.




  1. The competition is open to all students and young professionals from any country.
  2. All individuals or team members shall be SGAC members between the ages of 18 to 35 inclusive (up to the day of their 36th birthday) on 1 October 2018.
  3. The competition is open to individuals or teams. In case of a team submission, a contribution breakdown of the co-authors to the content shall be included. One member shall be identified as the main author and main point of contact, and only one member of the team will be eligible to receive the scholarship.
  4. Competition organisers and judges are not eligible for this award.
  5. Winners should not receive support from any other source to attend SGC and IAC. Should winners receive such support midway through the program, SGAC should be informed and solution will be sought.


  1. The abstract/paper is due as an unlocked PDF document under 5 MB. It shall be submitted via the Scholarships Submission Form. You will need to be logged in as an SGAC member to access the submission page.
  2. The language of all submissions shall be English.
  3. The submission shall include original content and research. Work that has already been presented at a past conference or previously submitted to this competition is not eligible.
  4. The competition is divided into two rounds:
    1. First Round – Abstract
      For the first round, you will need to submit an abstract conforming to the formatting requirements of the International Astronautical Congress (IAC) 2018, and not exceeding 400 words in length (see here for more information about IAC 2018 abstract rules). A select number of abstracts will be selected for round two.
    2. Second Round – Paper
      For round two you will be asked to submit a full paper conforming to the formatting requirements for submissions to the IAC 2018 (see here for more information about IAC 2018 paper rules).
  5. The best submissions to the First Round will be selected and only those will be eligible for the Second Round.
  6. The abstract/paper is due as an unlocked PDF document under 5 MB. All submissions shall be made by 15 March 2018, 23:59 GMT for the First Round, and 15 May 2018, 23:59 GMT for the Second Round. Any submissions after the deadlines will not be considered.
  7. In case of lack of quality of submissions, SGAC has the right to extend and or cancel the competition.

Responsibilities of the Winners

  1. The winning author shall:
    • Attend the entire SGC 2018
    • Attend the entire IAC 2018
    • Support the running of SGC 2018 and the SGAC booth
    • Submit a short report (2 pages excluding pictures) and a short video (1 minute) describing his or her experience at SGC 2018 and IAC 2018 for inclusion on the SGAC website, newsletter or social media and that of our partners
    • Present the winning paper at SGC 2018 and/or IAC 2018
    • Meet with the competition supporters during IAC 2018, the meeting will be organized by SGAC
    • These tasks offer great opportunities such as being the rapporteur of a SGC working group and helping with writing a group report, being the front face of SGAC at the SGAC booth and meeting interesting people.


  1. The award will be paid out after the SGC / IAC 2018, no later than 30 days after fulfilment of all responsibilities listed above.
  2. In case applicants or the winning author receive funding for SGC 2018 and/or IAC 2018 by any other organisation, the Scholarships Coordinators shall be informed. If the applicants don’t inform the Scholarships Coordinators, SGAC holds the right to not reimburse the winning author. SGAC aims to reduce the number of double scholarships and will work with the winners to develop a solution in these cases.
  3. Applicants are advised to not engage any expenses until they have formal confirmation that the competition has been awarded. The SGAC is not liable for any expenses incurred by applicants in any case where a competition is not awarded, or in excess of the value of the awarded grant.

Copyright and Intellectual Property

  1. By submitting an entry, applicants agree to permit SGAC and all affiliated organisers to mention their names, affiliations and headshot picture in connection with the competition.
  2. Copyright of the submitted entry shall remain with the contestants. However, by submitting an entry all contestants agree that SGAC and all affiliated organisers are granted non-exclusive reproduction rights regarding all submitted papers. SGAC and all affiliated organisers may also present ideas and findings generated by this competition at relevant conferences.


  1. Organisers shall not be responsible in the event that SGC 2018 and/or IAC 2018 is cancelled. SGAC will not reimburse the winning author, even if he/she has already incurred expenses.
  2. Organisers shall not be responsible in the event that the award winner fails to attend SGC 2018 and/or IAC 2018 or is unable to under extenuating circumstances; in that case the award offer shall become void.
  3. Organisers shall not be responsible in the event that the award winner cannot obtain any necessary travel documents; if they are required but not obtained, the award offer shall become void.


Evaluators will include members of the SGAC scholarship team and representatives of the scholarship supporter.

The evaluation will be made based on a point system taking following criteria and their weights into consideration:

  • Scientific Content and Detail (40%)
  • Originality (40%)
  • Description of Concept (20%)


Entries accepted: Closed
First Round Deadline: 15 March 2018, 23:59 GMT
First Round Winners Announced: 30 March 2018
Second Round Deadline: 15 May 2018, 23:59 GMT
Second Round Winner announced:  1 June 2018
Space Generation Congress: 27 – 29 September 2018
International Astronautical Congress: 1 – 5 October 2018


For any questions, please refer to SGAC Scholarships Coordinators ([email protected]).


SGAC would like to thank Julio Aprea, Jim Burke, and Ken Davidian for their support to run this competition.

If you or your organisation is interested in providing talented students and young professionals with the opportunity to share their work and ideas with global space community, please contact SGAC Scholarships Coordinators (contact above).

Past Winners

2017: Graham Johnson, “Crowdfunding for Space Missions”, Paper

2016: Carlos Manuel Entrena Utrilla, “Asteroid-COTS: developing the cislunar economy with private-public partnerships”, Paper

2015: Paola Belingeri and Maria Isabella Leone, “Licensing as a tool to encourage technology transfer from space”, Paper

2014: Jack Yeh and David Revay, “Price per pound: a poor predictor for future growth in the satellite and launch industries. Understanding Moore’s law and future industry drivers”, Paper, Presentation

2013: Lluc Palerm Serra, Jordi Barrera Ars and Jorge Salas Solanilla, “Microsatellites and Microlaunchers: The Tandem That Will Disrupt the Satellite Industry”, Paper

2012: Asra Najam, “Game theory analysis for the suborbital reusable launch vehicle research market”, Paper