NEWS28 February 2024

SMEs: Apply for Cosmic Capital & rocket your space-related business to investor-readiness

A time-lapse photograph of a Space X rocket launch on a starry night.

It’s all systems go for Cosmic Capital after the pioneering programme recently won funding from the UK Space Agency.

The FREE initiative is being led by Space South Central, the University of Surrey and the Surrey SETsquared partnership, based at Surrey Research Park.  

Up to 25 businesses will be chosen from applicants to join a 12-month programme of investment-readiness training.

Who can apply for Cosmic Capital?

To qualify, businesses must be developing innovations for space or connected to space-based technologies and planning to raise investment in the next 18 months.

As well as joining a fast-growing space community, participants will receive:

Cosmic Capital will be delivered by a consortium led by the University of Surrey on behalf of the SETsquared Partnership and Space South Central. 

Located in Guildford, Surrey is one of the six top UK universities behind SETsquared, an internationally-recognised business incubator and accelerator, and is also a founding partner of Space South Central, the UK’s largest space cluster, together with the universities of Portsmouth and Southampton.

Accelerating access to private equity funding

Director of the Surrey Innovation District, Caroline Fleming, said: “Raising investment is a critical recipe for growth for high-tech innovative companies.  

“This programme brings together our space research heritage, our cluster of space industry companies in Surrey, Hampshire and the Isle of Wight, and our 20 years of business growth experience to accelerate access to private equity investment and support further cluster growth.”

To apply for Cosmic Capital or for more information visit the Space South Central website.

Image promoting Cosmic Capital

SpaceCraft can help your SME shoot for the stars

The Cosmic Capital programme is just one example of support available for space-related SMEs from Space South Central and The University of Surrey.  

If your SME or college is looking to create space-flight equipment or conduct experiments in space, then take a closer look at The SpaceCraft initiative.

Launched in 2022 and based out of The Surrey Space Centre, this innovative and exciting opportunity offers hands-on training in space engineering to help employees, entrepreneurs and companies.

This includes access to high-quality space engineering facilities, including simulators, a working ground station, a magnetic field test environment and much more.

Visit the SpaceCraft website for the details and how to take part.

Looking for a space where your business can grow?

Whatever the sector or size of your SME, Surrey Research Park is a great place to grow your business.

As a tenant, you will be best placed to recruit highly skilled talent, engage in collaborative research and development projects and tap into a varied spectrum of innovation and business growth services throughout the Surrey Innovation District and beyond!

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