Airbus has inaugurated a BizLab in Bengaluru, its third after Toulouse, France and Hamburg, Germany, as part of its strategy to establish a global network of aerospace business accelerators. Airbus has opened a first round of applications for start-ups seeking support in the region. Applications are open until December 9, 2015.
A screening committee, which includes Airbus’s chief innovation officer, Yann Barbaux, and the head of the Airbus BizLabs, Bruno Gutierres, will select the most promising ideas. Airbus BizLab in India will be co-located with NUMA, one of France’s biggest business accelerator.
“Airbus has always been at the forefront of innovation to create more value for our customers. With the Airbus BizLab Bangalore we are broadening our horizons and we aim to accelerate the rise of an Indian aeronautical entrepreneurship,” said Bruno Gutierres, head, Airbus BizLab.
Kiran Rao, Airbus EVP Strategy and Marketing, said, “India is strategic for Airbus and we are committed to increasing our footprint in the country. Setting up Airbus Bizlab Bangalore, reinforces this commitment by further enhancing India’s aerospace entrepreneurial eco-system.”
Airbus launched its first global aerospace business accelerator in Toulouse in March 2015, as part of its innovation strategy to bring together start-ups and Airbus “intrapreneurs” (internal entrepreneurs) to work and speed up the transformation of their ideas into businesses.