T-Hub joins Boeing for innovation challenge
![Each of the three shortlisted start-ups will get a $10K fund in exchange for participation with rights to future equity. (Photo: DC) Each of the three shortlisted start-ups will get a $10K fund in exchange for participation with rights to future equity. (Photo: DC)](https://images.deccanchronicle.com/dc-Cover-m6ps09fnu5bv1o3kh49kigq3t6-20171227005439.Medi.jpeg)
HYDERABAD: As part of the corporate innovation programme, T-Hub along with aerospace behemoth Boeing has invited Indian start-ups to participate in its three-month custom accelerator programme.
Boeing will select three start-ups which will work along with the aerospace company’s three start-ups. Each of the three shortlisted start-ups will get a $10K fund in exchange for participation with rights to future equity.
Start-ups whose product or technology had original ideas could participate and the applications would close on January 21. The programme would commence in February. Through this, start-ups would work closely with experts of T-Hub, Boeing, Start-up India and the aerospace industry.
Only seed stage tech start-ups whose focus is aligned with themes of autonomous and unmanned systems, advanced manufacturing, industrial in Internet of things and automation and analytics, artificial intelligence and machine learning are eligible to participate.
The accelerator would focus on themes related to drones data applications, aircraft maintenance and services, passenger experience, factory productivity, supply chain, defence, commercial and industrial uses.