Page 42 - EDII Report-137
P. 42
Entrepreneurship Development Institute of India Reports 137 Entrepreneurship Development Institute of India Reports 137
CrAdLE incubated ‘Omspace’
Significant Scholarly Contribution by ITEC Alumnus
Mr. Carlos Miguel Ozorio Gonzalez, participant of the ITEC, Ministry of External Affairs Successfully Launches First Sounding Rocket
supported programme on Entrepreneurial Management (Spanish Language) (March
12 - 25, 2025), published a research paper on the finer aspects of the course.
Omspace Rocket & Exploration Pvt. Ltd. has successfully
The paper analyzes business management training as a tool for launched Gujarat’s first-ever sounding rocket on March 14,
international cooperation and sustainable development, focusing 2026, a significant landmark for India’s private space
on the 'Business Management in Spanish' course offered by the sector. The single-stage, sub-orbital sounding rocket was
Entrepreneurship Development Institute of India (EDII), part of the launched from Bavaliyari village, Gulf of Khambhat,
ITEC programme. It argues that this Indian initiative exemplifies Dholera region, marking a significant step in positioning
South-South cooperation by transferring skills and promoting Gujarat as an emerging hub in space sector innovation.
multicultural integration. EDII, a key player in the third largest global The mission achieved its expected height of approximately
entrepreneurial ecosystem (with more than 117,000 startups in 3 kilometres and successfully validated key systems,
India), offers a programme focused on digital marketing and including propulsion integrity, avionics and autonomous
women's empowerment. recovery mechanisms. The rocket reached transonic
speeds and deployed its dual-parachute system, ensuring
The diversity of Spanish-speaking participants enriches the learning process, fostering a safe landing within the designated safety zone.
leadership and innovation. The essay highlights the professional impact and concrete
actions of graduates, as well as India's progress in supporting women This mission, conducted under the authorization of IN-SPACe (Indian National
entrepreneurs. Finally, it proposes five public policies for Paraguay inspired by the Space Promotion and Authorization Centre), demonstrated the effectiveness of
Indian model, such as seed funds and microcredits for women, seeking to boost Omspace’s indigenously developed technologies. The launch tested a 3D-printed
the local entrepreneurial ecosystem. It concludes that multilingual and inclusive torch igniter and a sugar-based solid propellant motor—both developed in-house.
business training, such as that offered by EDII, is crucial for social and economic The rocket’s airframe, built using advanced carbon fiber composites, was designed
Training of Trainers’ Programme
transformation. and also manufactured at the company’s Ahmedabad-based R&D facility,
reinforcing the vision of ‘Make in India’ initiative.
Women Entrepreneurship Platform (WEP) - Gujarat Chapter Omspace launched in 2020, works towards developing Infinity-One, a modular and
reusable launch vehicle for Low Earth Orbit (LEO) satellite missions. A key feature of
this rocket will be its capability to relaunch within 24 hours. The company had
earlier achieved a major milestone with a successful hot engine fire test in August
2024 at its Sanand facility. Omspace was incubated at CrAdLE, EDII’s Technology
Business Incubator, between 2021 and 2023. During this period, the startup
received mentoring, networking opportunities and financial support of Rs. 10 lakh
under the Startup India Seed Fund Scheme. This support played a crucial role in
strengthening its technological and business capabilities. Further strengthening its
growth trajectory, the company has raised $3 million in pre-seed funding from
investors. Omspace Rocket and Exploration has been awarded as the Best Space
Women Entrepreneurship Platform (WEP) - Gujarat Chapter, supported by Industries & Mines Tech Startup by World STEM & Robotics Olympiad (WSRO) and represented India at
Department, Government of Gujarat, managed by EDII, provides a platform to connect Dubai Expo 2020 in Space Tech category.
women entrepreneurs with various resources and support systems. The activities
implemented to achieve the mandate, include: skill development, incubation support, At the launch of Gujarat’s first-ever sounding rocket, Dr. Ravindra Raj, CEO and
mentoring, marketing support and funding. During the last two months, under the WEP, 2 Founder of Omspace, said, "Today, we didn't just launch a rocket; we
launched Gujarat's identity in the global space economy. This is the first of
Entrepreneurship Awareness Programmes (EAPs), 8 Micro Enterprise Development
Programmes (MEDPs), 4 Employability & Soft Skills Development Programmes (ESDPs), 3 many missions that will establish India as the world’s preferred destination for
affordable and reliable small satellite launches. I am deeply grateful to the
Enterprise Scaling up Programmes (ESPs) and 12 domain specific training programmes were
Government of Gujarat, central and state authorities, the coast guard and EDII for
conducted, benefiting more than 700 women.
supporting us in this critical mission and helping us to turn our dream into reality."
36 37
