Japan Launches Space Business Competition

TOKYO (JAXA PR) — In the space-based business idea contest “S-Booster 2021”, space business ideas will be solicited on the following dedicated website from March 23 to May 20.

Website dedicated to “S-Booster 2021”: https://s-booster.jp/2021/  (External link)

We will collect a wide range of business ideas from working people, students, individuals, different industries, etc. who are aiming to start a business or commercialize not only in Japan but also in Asia and Oceania, and support the commercialization through mentoring by experts.

In addition, excellent ideas will be commended and the following supplementary prizes will be awarded (*1) for commercialization .

Grand Prize10 million yen [$90,983]
Jury Special Award1 million yen [$9,098]
Asia / Oceania Award1 million yen [$9,098]
Sponsor Award500,000 yen each [$4,549]
Sponsor companies (in alphabetical order)NTT DoCoMo, Inc., SKY Perfect JSAT Corporation, Sony Corporation (*2) , Dai-ichi Life Insurance Co., Ltd., Honda R & D Corporation
JAXA AwardJAXA’s hands-on and other support

* 1 All of them may not be applicable as a result of the examination.

* 2 After April 1, 2021 Sony Group Corporation