Submission Deadline Extended for SFF and Heinlein Trust $5,000 NewSpace Business Plan Prize

Nyack, NY, June 5, 2009 – The Space Frontier Foundations’ Heinlein Business Plan Competition is actively seeking Executive Summaries from companies that can demonstrate how their product or service is related or beneficial to the commercial space industry.

Due to the continued interest in the competition after the International Space Development Conference, the Space Frontier Foundation has decided to extend the deadline for submissions by one week to allow teams more time to put together their 3 – 5 page summary. The new deadline is June 19th, 2009, 5:00PM Eastern.

The announcement of which companies will be invited to participate will be on June 26th and the competition will take place on Sunday, July 19th at the Space Frontier Foundation’s annual New Space Conference. First prize includes a $5,000 cash prize and the opportunity for the winning team to present at Space Investment Summit 7 in Boston, MA on September 30th. For more details on the recommended sections to include in the Executive Summary and competition guidelines, please see the Business Plan section of the NewSpace Website.

NewSpace 2009 is a single-track conference focusing on entrepreneurial space activities. Sessions are intended not only to provide interesting presentations, but also to generate lively discussions among NewSpace CEOs, established space industry leaders, NASA & military space experts, and government regulators.

Discounted early-bird registration for the Conference is available at the NewSpace 2009 website, which also provides information about our group rate ($99/night) at the Domain Hotel in nearby Sunnyvale, California.

For more information about the foundation, conference, and registration, visit http://newspace2009.spacefrontier.org/ – or RSVP on Facebook today!