MoU signed for setting up Aerospace Innovation Centre in Trivandrum

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Trivandrum: Kerala’s startup ecosystem got a major fillip as the State government signed a Memorandum of Understanding (MoU) with Airbus BizLab, a global aerospace accelerator which is part of the Airbus group. The MoU was exchanged between Siddharth Balachandran, Leader, Airbus Bizlab India. and DDrSaji Gopinath, CEO, Kerala Startup Mission (KSUM), in the presence of Chief Minister, Shri Pinarayi Vijayan.

Under the MoU, an Innovation Centre will be set up in Thiruvananthapuram, which will be the nodal body for planning and executing all the activities to help the startups.

Airbus BizLab will also provide support and mentoring for startups in Kerala and conduct regular workshops and discussions with experts from the aerospace and defence sectors. Further, the France-headquartered company, which has set up facilities in Bangalore, Toulouse (France), Hamburg (Germany) and Madrid (Spain) to create a global network of business accelerators, is to run training programmes to acquaint participants with aerospace technologies.

Also, the company will identify opportunities for Kerala to adapt aerospace technologies across sectors and bring all the relevant Airbus teams and start-ups to demonstrate technologies. After a successful demonstration, it will help the innovation centre to sign partnerships and deploy the technologies.

“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 Anand E Stanley, President, Airbus India & South Asia.

Airbus BizLab, which has pioneered the corporate approach to accelerate an idea into scalable business, provides wide-ranging support for early-stage projects in the form of a six-month acceleration programme, through which entrepreneurs and startup businesses are given access to a large number of coaches, experts and mentors across various domains, such as technology, legal, finance, marketing and communications, easing prototyping and market access.

Kerala IT News

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