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Now in its 11th year, the highly-anticipated European Satellite Navigation Competition (ESNC) 2014 is about to get under way, with participants across Europe being invited to submit their ideas for new opportunities in the €100 billion satellite services market.
From April 1st to June 30th, the competition web portal, www.galileo-masters.eu will be open to budding entrepreneurs to submit ideas for new services, products and business innovations that integrate satellite navigation technology into everyday life such as mobility, health or safety.
The regional Irish winner will receive a prize valued at €20,000, which includes incubation space, business coaching, technical support, marketing expertise as well as travel costs and automatic entry to the Galileo Masters, where competitors across the globe compete for the €1 million prize fund.
Since 2004, the ESNC has become the world's largest innovation network in the field of satellite navigation. It currently comprises 25 global partner regions, the Irish region being sponsored by the National Space Centre Ltd (NSC) which is located in East Cork at Elfordstown Earthstation near Midleton.
NSC provides carrier grade satellite communications facilities from Elfordstown for the commercial satellite sector and partners with organisations and institutions worldwide for R&D projects, which include a number of emerging satellite technology projects.
Last year's winning idea, the CarSafari (a way for car passengers to interact with the locality and environment they are travelling through), is currently at feasibility stage and the creators intend to launch a demo this year.
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