ATI Boeing Accelerator Opens Call for Sustainability Startups
by Startacus Admin
Sustainability startups that will benefit the UK aerospace industry currently being sought by the ATI Boeing Accelerator for its second cohort...
Applications are now open for the second cohort of the ATI Boeing Accelerator which will invest into sustainability-enabling startups that will benefit the UK aerospace industry. Launched in 2019, the accelerator was created in partnership by the Aerospace Technology Institute and Boeing, and is delivered by European accelerator Ignite.
The startups participating in the first cohort have already raised a further £6M in funding, as well as creating 30 new jobs. Successes include Circulor, a startup that helps businesses demonstrate responsible sourcing through supply chain traceability, Filament whose AI-based software detects and repairs defects in aircraft parts and Intellegens, the artificial intelligence (AI) company with a unique deep-learning algorithm.
The current call for applications seeks companies from around the world and eligible seed and Series A startups have until 27th September to apply. The three-month programme will begin in January 2021 and is expected that 8 to 10 companies will be invited to join Cohort Two.
The ATI Boeing Accelerator will invest into sustainability-enabling technologies that are relevant to aerospace and connected industries. Its three areas of focus are;
Industry 4.0
- Reduce Time to Market
- Materials and Manufacturing
- Sustainable Life Cycle
- Operational Resilience
Energy
- Battery and Fuel Systems
- Energy Management
Benefits for successful startups will include:
- Possible £100,000 equity investment from Boeing HorizonX Global Ventures
- Direct access to ATI, Boeing, and GKN Aerospace strategists and technical experts
- Mentoring from a global network of experienced entrepreneurs, mentors and investors
- Access and introductions to a network of angel investors, venture capital firms and the wider aerospace industry during the programme and ecosystem events.
Gabi Matic, Programme Director at ATI Boeing Accelerator, commented: “Aerospace looks very different as we head into the second year of our programme. COVID-19 has had a big impact on the state of air travel, and we have seen unprecedented change. This provides an opportunity for startups developing technology that can make a huge difference to aerospace businesses and related industries, and gives them a chance to really grab the attention of sectors looking to innovate.”
Brian Schettler, Boeing HorizonX Global Ventures, Senior Managing Director, commented: “Boeing’s global accelerator programs are designed to help early-stage startups establish relationships with global aerospace companies, raise follow-on funding from the investment community and engage with industry experts to solve problems that the aerospace industry is facing. We’re thrilled to be involved in this program again and are excited to see how the accelerator builds on the companies’ existing capabilities and their ability to impact aerospace with their innovation.”
If you’re interested in applying or would like additional info, simply check out the ATI Boeing Accelerator site.
Best of luck to all who do!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Cambridge-based startup, CardiaTec Biosciences raises investment to support further development of its mission to develop the next generation of cardiovascular disease targets.
Raise Ventures on a mission to empower the next generation of business leaders and founders with the launch of their pioneering Emerging Leaders Summer School.
The recipients of the 2022 Ulster Bank Enterprise Fund are announced, each aiming to promote and encourage entrepreneurship amongst underrepresented groups.
.png)
Leading disability-focused organisations join forces to launch the #Access2Funding campaign - calling on the VC and investment community to improve the representation, opportunities presented to and experience of disabled founders.
.png)
WeWALK, RNIB, and ICL consortium secures UKRI funding to improve mobility for visually impaired and elderly.
The lowdown on Studeo, the edtech startup that has created a video learning app in order to democratise elite tutoring.
The impact of standards, ethics and conduct on business success and profits - Work.Life has some interesting insights...
.png)
The lowdown on Space32 - the startup that wants to help hybrid-working businesses find the working space and solution that's right for them.
.png)
Global Tech for Good initiative seeks innovative startups and scaleups that are creating positive social impact and enhancing people's lives through tech.
The lowdown on Bidnamic, the startup that's combining advance machine learning with human expertise to help retailers to maximise revenue and profitability from Google Shopping.
Published on: 1st September 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- CardiaTec Biosciences Secures £1.4m to combat cardiovascular diseases using Artificial Intelligence 6th Jul 2022 Cambridge-based startup, CardiaTec Biosciences raises investment to support further development of its mission to develop the next generation of cardiovascular disease targets.
- Raise Ventures pioneer an Emerging Leaders Summer School 6th Jul 2022 Raise Ventures on a mission to empower the next generation of business leaders and founders with the launch of their pioneering Emerging Leaders Summer School.
- Ulster Bank Funds Diverse Entrepreneurship 5th Jul 2022 The recipients of the 2022 Ulster Bank Enterprise Fund are announced, each aiming to promote and encourage entrepreneurship amongst underrepresented groups.
- New campaign launches to address disproportionate lack of support for disabled entrepreneurs. 5th Jul 2022 Leading disability-focused organisations join forces to launch the #Access2Funding campaign - calling on the VC and investment community to improve the representation, opportunities presented to and experience of disabled founders.
