Riding on the success of the past editions, the Boeing University
Innovation Leadership Development Program (BUILD) in its third edition
attracted a record number of entries with than 1200 ideas submitted by
more than 2200 students and start-up participants from all over the
country.
Following a stringent evaluation process, 75 shortlisted teams entered
the regional boot camp, of which regional and national finalists
received guidance from start-up ecosystem experts, incubator partners,
and Boeing engineers to incubate ideas. Participants further received
access to Boeing’s innovation ecosystem.
The seven winning teams are Abyom SpaceTech and Defence Pvt. Ltd. and
Green Aero Propulsion Pvt. Ltd. from Foundation for Innovation and
Technology Transfer (FIIT) – IIT Delhi, Glovatrix Pvt. Ltd. from Society
for Innovation and Entrepreneurship (SINE) – IIT Mumbai, dVerse
Technologies Pvt. Ltd. from IIT Madras Incubation Cell, Backyard
Creators Pvt. Ltd., BONV Technology Private Limited and Coratia
Technologies
Pvt. Ltd. from Technology Business Incubator (TBI) – KIIT, Bhubaneswar.
Each of these seven teams received INR 10 lakh as a financial grant, and
their ideas covered solutions for community development, the defence and
space industry, and sustainability.
The program offered opportunities to applicants to incubate ideas and
access Boeing’s innovation ecosystem. applying from tier 1, tier 2, and
tier 3 cities across India.
Boeing launched BUILD with an aim to nurture and support the start-up
ecosystem in the country. Over the years, Boeing has strategically
invested in developing talent for the Indian aerospace sector and
inspiring
the next generation of engineering talent in India. Through its programs
such as the HorizonX India Innovation Challenge, the Accelerated
Aircraft Maintenance Engineers Apprenticeship, and the National
Aeromodelling
Competition with IIT, Boeing has made a significant impact in creating a
skilled frontline workforce and empowered entrepreneurs in India.
Read more about BUILD 3.0 in the news here.