Boeing's BUILD Program 2023-24 Announces Seven Winners Including University Students and Start-Ups

Boeing [NYSE: BA] has announced the names of seven teams of university students and startup entrepreneurs who emerged as winners in the third Boeing University Innovation Leadership Development (BUILD) program for the 2023-24 period. Check details here 

Boeing's BUILD Program 2023-24 Announces Seven Winners

Boeing [NYSE: BA] has announced the seven winning teams, including university students and early-stage startup entrepreneurs, in the third edition of its Boeing University Innovation Leadership Development (BUILD) program 2023-24. Each team was awarded a financial grant of INR 10 lakh, with their innovative ideas spanning community development, the defence and space sector, and environmental sustainability. 

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. 

Boeing, along with their incubator partners, will continue to support these winning teams for several months, assisting them in refining their concepts into business solutions that are ready for the market and viable. Over the years, Boeing India has been helping contribute to skill development and capability building in the country through other programs such as the HorizonX India Innovation Challenge, Accelerated Aircraft Maintenance Engineers Apprenticeship, and National Aeromodelling Competition with IIT. 

In its third edition, Boeing continues to partner with seven incubators, namely, SINE – IIT Mumbai, FIIT – IIT Delhi, Innovation and Entrepreneurship Center – IIT Gandhinagar, IIT Madras Incubation Cell, Society for Innovation and Development – IISC Bengaluru, T-Hub Hyderabad, and TBI – KIIT Bhubaneshwar, to organize BUILD in India. 

“BUILD has evolved into an aspirational and dynamic start-up platform, nurturing young entrepreneurial minds of the country with the right skills and support to scale up operations, develop cutting-edge technologies, and help implement ideas that impact not only the nation but the world at large. I want to congratulate our incubator partners for leading this program to success over these years and would like to congratulate winners and the applicants for their active participation this year,” said Salil Gupte, president, Boeing India. 

In 2023, the BUILD program recorded over 1,200 ideas from more than 2,200 students and startup entrants from cities of all tiers across India. Following a stringent evaluation process, 75 teams advanced to the regional boot camps. Finalists received expert mentorship from the startup community, incubators, and Boeing engineers, along with access to Boeing's innovation network.

Read More 

• IIT Madras Pravartak Collaborates with Jharkhand University to Enhance Deep-Tech Studies
• IIT Guwahati Collaborates with Assam Govt To Advance Science Education Among Students