This is pivotal new capacity for a field that has applications in areas like telecommunications, climate and disaster management - but that sees relatively few companies get off the ground each year. This means twice the potential, and twice the possibilities for participating ventures.
The global Space stream will create a bridge between two continents - North America and Europe - that have different landscapes in space exploration and commercialization. “After orbiting Earth 2,650 times, helping found the Space stream, and mentoring well over a hundred new space companies, I am very excited to now be part of CDL Space going worldwide.” Toronto offers its existing community of CDL mentors and investors, like astronaut Colonel Chris Hadfield, who have extensive experience coaching and funding space-based ventures. The EU announced a €1-billion space investment fund earlier this year, which will attract more venture capital groups investing in small- and medium-sized businesses that are working on space technology and digital services using space data. Like the U.S., the European Union is making exciting investments in the region’s space industry. Paris offers its status as an international hub with one of the best business schools - HEC Paris - in the world. is home to more than 50 per cent of the companies that make up the world’s space industry, and the American government spends more on space than all other countries combined. Georgia Tech has one of the country’s top-ranked aerospace programs and attracts some of the most talented minds working in space technology. After the Space stream’s four successful years operating at the University of Toronto’s Rotman School of Management in Toronto, Canada, the global Space stream will expand to two additional CDL sites: Georgia Tech’s Scheller College of Business in Atlanta, Georgia, U.S.A., and HEC Paris in Paris, France.Ītlanta offers one of the United States’ strongest networks of space professionals and scientists. This global program will broaden the horizon of opportunity for ventures starting out in this limitless field.Ĭreative Destruction Lab (CDL) delivers an objectives-based, nine-month mentorship program for massively-scalable science- and tech-based startups. TORONTO, PARIS, ATLANTA - Creative Destruction Lab’s Space stream is going global, adding two new sites in Atlanta and Paris to create a worldwide network of space innovators and investors that reaches around the world.
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