Airbus Bizlab India signed a Memorandum of
Understanding with the government of Kerala on Saturday to
help establish an aerospace-focused innovation centre in
The Kerala Startup Mission (KSUM) is aimed
at fostering and nurturing an enabling ecosystem for aviation
startups in the state.
MOU, Airbus Bizlab India will coordinate with global Airbus teams
and startups to develop Proof of Concepts with the support of
different public agencies in Kerala. Upon successful demonstration
of the Proof of Concepts by Airbus teams and startups, the
innovation centre will help them set up partnerships and deploy
the chosen technologies in the state.
The Government of Kerala
will provide the space for the centre as well as logistical
support to manage and run the programme. The mission has been
envisioned for a year to begin with.
“The initiative aims to foster
local talent in the aerospace domain and help promising startups
to contribute towards shaping the future of flying not only in
India but the world,” said Mr. Anand E. Stanley, President and
Managing Director, Airbus India and South Asia. “We are building
this partnership on the strong foundation that Airbus Bizlab
already has in India.”
Airbus BizLab is a global
aerospace business accelerator where startups and Airbus
intrapreneurs speed up the transformation of innovative ideas into
valuable businesses. Since its inception in 2015, Airbus BizLab
has accelerated 50 startups and 40 internal projects, which have
raised a combined € 19.5 million.