$pace is Business


Description | Award | Competition Guidelines | Schedule | Contact | Sponsor | Past Winners


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 to Space-Scalable technologies.



Space-Scalable™ refers to technologies primarily developed to solve problems here on Earth for commercial benefit and profit, but also can be "scaled upward" to solve key long range space challenges when the demand ultimately exists, to help make the settlement of the space frontier a reality. This could include such areas/industries as biotechnology, nanotechnology, medicine, radiation mitigation, exotic materials, smart fabrics, AI, robotics, alternative energy, next-gen IT hardware, mining, resource imaging, among many other possibilities.

The advantage to the investment community overall is that many Space-Scalable startups require far less initial capital than the usual launch, infrastructure, and payloads, and are thus attractive to a deeper, more numerous, risk-range of investors. A Space-Scalable strategy provides profitable opportunities for investors at every stage up the line, and offers thousands who may have never in the past considered "space" as part of their portfolio.

The content of papers may address any topic related to entrepreneurship and investment to Space-Scalable technologies.

[Space-Scalable™ is a Trademark of Exodus Consulting Group, used with permission.]



The main author of the winning paper will receive an award of up to 2000 USD 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.


Competition Guidelines

  1. The language of all submissions must be English.
  2. The paper should conform to the rules for submissions to the IAC (including font, font size, page margin, picture, etc.), and not exceed 10 pages in length. A template can be downloaded here.
  3. The paper must include original content and research. Work that has already been published at a past IAC or previously submitted to this competition is not eligible.
  4. The paper is due as unlocked PDF documents under 5 MB. It shall be submitted via the Scholarships Submission Page. You will need to be logged in as an SGAC member to access this page - http://www.spacegeneration.org/log-in.
  5. All submissions must be made by 30 April 2017 31 May 2017, 23:59 GMT (extended). Any submissions after the deadline will not be considered.
  6. The competition is open to individuals or teams up to a maximum of three members. In case of a team submission, one member must 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.
  7. The competition is open for all students and young professionals from any country. All individuals or team members must be SGAC members 35 years of age or younger by 25 September 2017.
  8. Members of the SGAC Executive Office, Executive Council, competition organisers, and judges are not eligible for this award.
  9. The winning author is required to support the running of SGC, and the SGAC booth at IAC. Examples of tasks could include being the rapporteur of a SGC Working Group, helping with writing a group report or helping at the SGAC booth at IAC.
  10. The winning author is required to give a presentation of his or her paper at SGC and/or IAC. Responsibilities also include attendance during the entire SGC.
  11. The winning author is required to write a short report describing his or her experience at SGC and IAC which will be showcased on the SGAC newsletter.
  12. The award will be paid out after the congress, and upon fulfilment of all requirements in a suitable manner. It will be paid out not later than 30 days after fulfilment of all responsibilities.
  13. By submitting an entry, applicants agree to permit SGAC and other participating organisations to mention their names, affiliations and headshot picture in connection with the competition.
  14. Organisers shall not be responsible in the event that the award winner fails to attend SGC and/or IAC or is unable to under extenuating circumstances; in that case the award offer shall become void.
  15. 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.
  16. Copyright of the submitted proposals shall remain with the contestants. However, by submitting an entry all contestants agree that SGAC and other participating organisations are granted non-exclusive reproduction rights regarding all submitted papers. SGAC and/or participating organisations may also present ideas and findings generated by this competition at relevant conferences.



Entries accepted:  Now!
Paper Submission Deadline:  30 April 2017 31 May 2017 (extended), 23:59 GMT
Winners announced: 31 May 2017 30 June 2017 (extended)
Space Generation Congress: 21 - 23 September 2017
International Astronautical Congress:  25 - 29 September 2017



For any questions, please refer to SGAC Scholarships Coordinator, Michal Kunes and Nicole Chase (This email address is being protected from spambots. You need JavaScript enabled to view it.).



SGAC would like to thank Julio Aprea, A.C. Charania, Ken Davidian and Thomas Olson 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 Scholarship Coordinators (This email address is being protected from spambots. You need JavaScript enabled to view it.).


Past Winners

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, 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]


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