The European Space Agency (ESA) is giving prizes of million euros (about $1.3 million USD) in its European Satellite Navigation Competition to promote startups at its four incubators.
http://www.redorbit.com/news/space/1864274/european_competition_seeks_best_satnav_ideas/
ESA is ahead of NASA in promoting startups so the U.S. needs has some catching up to do.
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