NEWS – The Indian National Space Promotion and Authorisation Centre (IN-SPACe) announced opportunities for start-ups and Micro and Small Enterprises (MSEs) in the marine sector

HIGHLIGHTS

• IN-SPACe, under the Department of Space, aims to promote, enable, authorise, and supervise non-government entities in space activities.
• A seed fund scheme in space applications for the blue economy will be launched.

Purpose of Scheme

• Support start-ups and entrepreneurs developing innovative solutions using space technology for sustainable blue economy growth.
• Seek proposals from start-ups and MSEs with innovative ideas for space technology applications in the blue economy.

Significance of Space Technology

• Space technology is crucial for the sustainable development of the blue economy.
• Provides tools and data for efficient marine resource management, environmental conservation, maritime safety, and climate resilience.
• Enhances blue economy initiatives, ensuring the health and productivity of ocean and coastal ecosystems for future generations.

Domains of Application

1. Fisheries
   • Potential fishery zones
   • Illegal fishing
   • Overfishing
   • Safety and security
2. Marine Biology
   • Marine life tracking
   • Algal bloom monitoring
   • Seaweed monitoring
3. Border or Coastal Surveillance
   • Dark ship detection
   • Coastal monitoring for infiltration, border crossing, trafficking, and sea piracy
4. Other Domains
   • Mining
   • Communication
   • Oceanography
   • Weather
   • Transport

Funding and Application Details

• Grant of up to ₹1 crore provided to selected start-ups and MSEs on a milestone basis, in three or more instalments.
• Last date to receive applications: August 15.