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Issue Date:- 18 February 2008

UK vision to stay at forefront of space sector published

NEW proposals for the UK's future involvement in an increasingly competitive international space sector were published in the UK Civil Space Strategy: 2008 - 2012 and beyond.  With the space sector currently contributing approximately £7 billion to the UK economy, Science and Innovation Minister Ian Pearson announced how the UK would continue to be at the forefront of this expanding sector. This will include:-

* Continued UK involvement in Earth observation, space science and telecoms developments;

* Establishing an international space facility at Harwell, Oxfordshire, which will focus on climate change, robotic space exploration and applications;

* Closer involvement in international initiatives on the future shape of space exploration to the Moon, Mars and beyond; and,

* Setting up a National Space Technology Programme to support the development of new, innovative technologies and services.

Ian Pearson said:- "Space technology is a vital part of our everyday life, and satellite communications and space technology provide strong business opportunities for the future.  Applications from space underpin today's major business sectors. They provide essential information to understand the Earth's environment, changing climate and weather and they enable great strides to be made in the scientific understanding of our Solar System and beyond; and, provide innovative tools for enhancing our quality of life.  The UK is at the leading edge of these activities.

The new UK Civil Space Strategy sets out a path to increase the UK share of this growing international sector."

The British National Space Centre, which co-ordinates the UK's civil space activities, will now provide the leadership to take forward the strategy.

Ian Pearson added:- "These coming decades promise to be even more exciting than the last. The Government is determined that the UK remains at the forefront of the evolving space scene.  I look forward to working with all sides of the space community in delivering our exciting vision."

NORTH WEST HAS NEARLY A MILLION ‘DAYDREAM ENTREPRENEURS

THE North West has nearly 1 million daydream entrepreneurs, according to new research conducted by OnePoll on behalf of Business Link. The termdaydream entrepreneurhas been coined by Business Link Northwest to describe all the people out there who regularly think about starting their own business but never actually do anything about it.

The recent survey revealed that 25% of the working population in the region have thought about starting their own business, with 45% of them spending up to 7 hours a week thinking about it. However, a whopping 43% of them stated not knowing how to start or run a businessas one of the main barriers that prevents them from doing it. Other prevalent reasons include worrying about how to finance the venture and concerns that the business might not succeed, while it seems that the current economic climate is also acting as a deterrent for some.

Meanwhile, there seems to be plenty to look forward to for those who turn their dreams into a reality, with the survey also identifying the motivational factors that fuel people’s dreams of running their own business. The top five cited by workers in the North West were:-

1. To make more money!
2. The freedom to adopt their own approach to work.
3. Being able to work from home.
4. Turning a hobby or interest into a business.
5. To challenge themselves and prove that they can do it.

Business Link Northwest offers support and advice to help budding entrepreneurs to actually take the plunge and start their own company, offering a wealth of information from how to write a business plan to creating contracts of employment. The service is free to use and can be accessed online or by calling Business Link on 0845 00 66 888.

Peter Watson, Managing Director at Business Link Northwest comments:- “I’d urge all those daydream entrepreneurs out there to be proactive and take the next step - the only thing that separates them from real entrepreneurs is that people who run their own business have actually starting doing it. We can offer free advice for all those wishful thinkers out there who don’t know how to make their first step, and help them to make that progression from daydreamer to real achiever.”

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