TONTINE

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July 8,2019

Glasgow’s Space Sector Thrives at Tontine

There is a community of ambition at Tontine, the Glasgow City Deal backed business accelerator that is empowering tech start-ups to prosper - none more so than those working in Glasgow’s booming space sector.

It may come as a surprise to know that the space industry is experiencing a welcome upsurge both locally and nationally, most notably with Scotland soon to be the new home of the UK’s first spaceport. This welcome development will strengthen industry expertise nationally and potentially offer up fresh business opportunities to Scottish space sector enterprises.

To support businesses in this growing sector; The Scottish Centre of Excellence in Satellite Applications (SoXSA) is working in partnership with Tontine to identify space companies with high growth potential to enter their Scottish Space Incubator Programme. The programme is funded by UK Space Agency and Scottish Enterprise. Successful applicants receive a bespoke package of support, designed to specifically aid their ambitions to scale-up. Ongoing support is provided by SoXSA which includes masterclasses, workshops, innovation vouchers, conference funding and tech meet ups. There is also the offer of desk space at Tontine which provides, through its open plan layout, the ideal platform to interact with other businesses, specifically those not in the space sector.

Building relationships is key to achieving fast sustainable growth according to Steve Owens from SoXSA, which is why the partnership with Tontine works so well; “Space technology is present in many different industries such as energy, agriculture and tourism. The Tontine office space allows our companies to interact with businesses from completely different sectors, which may lead to new and exciting opportunities.”

Cllr Susan Aitken, Leader of Glasgow City Council and Chair of the Glasgow City Region City Deal Cabinet said; “Few sectors better illustrate Glasgow’s changing economy than space technology. We now build more space satellites than any other city in Europe.

“We are at the epicentre of a burgeoning national sector which employs more than 7,000 people, almost one-in-five of UK space industry jobs, with many being created. The flexible workspace offered by Glasgow City Deal business accelerator Tontine, has been important in nurturing this success.

“Having space tech start-ups right in the heart of our City Innovation District is a real boost to Glasgow’s growing global reputation as a dynamic, pioneering and talented city. And given their early successes, the sky certainly is far from the limit for space enterprises based at Tontine.”

Last year’s successful intake from the Scottish Space Incubator Programme has seen space-based enterprises positively thrive in Tontine. Trade in Space, Craft Prospect, R3-IOT and Huli are just a few of the companies who have benefitted from the support the programme has offered. 

Who can apply?

The Scottish Space Incubator programme has just launched its second intake and is open to start-ups or existing companies that can demonstrate high-growth potential.  To apply for the programme, your company must be able to demonstrate the use of space technology in your business model which could something as simple as location-based services on an app.

Interested?

Then get in touch at Hello@tontineglasgow.co.uk; SoXSA@strath.ac.uk and tell us why you should be on the Scottish Space Incubator programme!