Boeing India launches universities-focused innovation program to develop aerospace entrepreneurs
New Delhi, India. Boeing on May 20th announced the launch of the Boeing University Innovation Leadership Development (BUILD) program for university students, faculty and early stage start-ups. The BUILD program will help innovators convert their ideas into viable business offerings that have the potential to shape the future of Indian aerospace and defence.
Applicants can submit their ideas in the fields of aerospace, autonomous vehicles, advanced manufacturing, augmented and virtual reality, analytics (artificial intelligence and machine learning), materials, robotics and the Internet of Things.
“Boeing is committed to nurturing innovation and skill development in India. We believe that a close partnership with India’s academia and growing entrepreneurial ecosystem has the potential to reimagine the future of aerospace for the world,” said Salil Gupte, president, Boeing India. “With BUILD, we are creating a platform for students and entrepreneurs to not only benefit from our vast experience and partner networks, but also develop their ideas into path-breaking innovations.”
Boeing has partnered with seven incubators: IIT Delhi, IIT Gandhinagar, IIT Bombay, IIT Madras, IISc Bangalore, T-Hub Hyderabad and KIIT Bhubaneshwar to select finalists for the BUILD boot camps. The shortlisted teams will compete at a regional level and the finalists will then pitch their ideas to a selection panel of subject-matter experts on Boeing Innovation Day, to be held in September 2019. The winners will stand a chance to win cash prizes. All through the program, Boeing mentors and industry experts will interact with the finalists to refine ideas and develop their entrepreneurial skills.
Over the years, Boeing has strategically invested in developing talent for the Indian aerospace sector. Boeing, through its programs such as the HorizonX India Innovation Challenge and the Accelerated Aircraft Maintenance Engineers Apprenticeship, has made a significant impact in creating a skilled frontline workforce and empowered entrepreneurs in India.
Interested students and entrepreneurs can apply to the BUILD program by visiting www.boeing.co.in/build. Deadline for submissions is June 10, 2019.
