Airbus BizLab’s companies ink contracts with three Indian aviation startups, conclude third leg of acceleration programme
Three startups from Bengaluru – Eflight, Chennai – Stelae Applied sciences, and Navi Mumbai-based Airpix Units have been chosen from a slew of startups.
As a part of the Take Off programme, Airbus BizLab will sponsor two travels to Europe for the start-ups in a interval of six months in addition to fund as much as 50,000 euros for the demonstration of proof of idea. The accelerator seeks to bolster the federal government’s ‘Make in India’ and ‘Startup India’ initiatives, mentioned Bruno Gutierres, International Head, Airbus Bizlab.
The newest partnerships are along with people who Airbus signed with Bengaluru based mostly start-ups – Neewee and EFLIGHT in February 2018.
“For the final couple of years, I’ve been satisfied with the potential and the standard of entrepreneurs in India. I’m happy to see that every one these partnerships between Airbus and Indian startups are proving me proper,” Gutierres mentioned, who was an entrepreneur himself earlier than becoming a member of Airbus.
“Navblue believes in India’s potential for a number of causes. One is India’s confirmed capability for innovation throughout the IT sector, which is demonstrated completely by the start-ups current on the Airbus’ BizLab, with whom we work very intently. One other is the potential of the aerospace business; India has the world’s fastest-growing home airline market,” mentioned Fabrice Villaumé, Chief Technique and Innovation Officer at Navblue.
The corporate additionally sees the potential of the aerospace business given the truth that India has the world’s fastest-growing home airline market.
Via its six-month “acceleration programme” for start-ups and inner tasks, Airbus Bizlab provides entry to numerous coaches, consultants and mentors in numerous domains that assist start-ups and inner tasks speed-up the transformation of their concepts into useful companies, Gutierres mentioned.