--- title: "LTP Startup Challenge" url: https://www.seedstars.com/community/entrepreneurs/programs/ltp-startup-challenge/ --- PROGRAM # LTP Startup Challenge 2024 A unique opportunity to pitch your business to Lufthansa Technik Philippines (LTP) Supporting entrepreneurs looking to apply their innovative solutions to aviation Maintenance, Repair, and Overhaul (MRO) industry 1. [HOME](/) 2. [WHO WE WORK WITH](/community/) 3. [ENTREPRENEURS](/community/entrepreneurs/) 4. [SEEDSTARS PROGRAMS](/community/entrepreneurs/programs/) 5. LTP STARTUP CHALLENGE 2024 ![Lufthansa](https://seedstars-com.s3.amazonaws.com/images/Logos_Wagtail_3.max-594x300.png) ### **Introducing the LTP Startup Challenge 2024:** AI technologies and solutions to improve MRO processes and administrative tasks. ### Following the resounding success of the LTP Startup Challenge 2022, we are thrilled to announce the launch of the highly anticipated LTP Startup Challenge 2024. This unique program is specifically designed for ambitious entrepreneurs and startups seeking to innovate the aviation MRO industry. ![program](https://seedstars-com.s3.amazonaws.com/images/IMG_6041.max-1280x550.jpg) About the program In collaboration of Lufthansa Technik Philippines (LTP) and Seedstars, the 4-day virtual program presents an exceptional opportunity for high-potential startups to apply their cutting-edge solutions to conquer the challenges within aviation's MRO space. By participating in this program, you will gain access to the vast expertise of LTP 's subject-matter experts, who will shed light on the aviation MRO landscape. Additionally, you will receive venture-building support to strengthen your business foundations and tailor your solutions to be implemented in the aviation MRO industry. At the main pitching & exhibition event, you will have the opportunity to showcase and pitch your solutions to investors and LTP team, providing a platform to gain valuable exposure and potential collaboration opportunities. Up to 3 ventures will be selected and granted the opportunity to visit the LTP facility, where they will have the opportunity to engage in negotiations with the core team and present their solutions. ## At the end of the program, participants will be joining together at the pitching event, where up to 3 ventures will be selected and invited to Lufthansa Technik Philippines (LTP) facility to negotiate their business with the core team, with an opportunity to initiate collaboration opportunities to engage their solutions at LTP. Application Criteria We are seeking innovative startups and entrepreneurs from around the globe who are passionate about innovation in aviation MRO operations * **Round 1** Application for AI-enabled solutions: We have a strong interest in startups that harness the power of artificial intelligence (AI) to improve MRO processes and administrative tasks. If your solution incorporates AI algorithms, machine learning, automation, or predictive analytics to optimize MRO operations, we encourage you to apply. * **Round 2** Application for innovative solutions that enhance MRO operations: We are looking for startups that offer innovative solutions specifically designed to enhance aviation MRO operations and addressing significant challenges related to efficiency, particularly from a high attrition rate among mechanics, time-consuming manual processes in production and support departments. [DOWNLOAD CHALLENGE STATEMENT ](https://drive.google.com/file/d/1DGBwfd87jtxaYmb7ersWH6UZfIDVH0M8/view?usp=sharing) ![Criteria](https://seedstars-com.s3.amazonaws.com/images/Airplane-copy_1.max-1280x550.jpg) ![](https://seedstars-com.s3.amazonaws.com/images/LTP_June_2022-60.max-1280x550.jpg) Eligibility to Apply ** **1. **Working products/ solutions** with use-case for aviation MRO ** **2 **. Global applicants:** Our program is open to startups and entrepreneurs from all around the world. We welcome applications from diverse geographical locations, as we believe in the power of global collaboration and the exchange of ideas to drive innovation in the aviation MRO industry 3\. Availability to join 4-day virtual program on 1 - 4 October 2024 and main hybrid pitching & exhibition event on 10 October 2024 ## Meet the 2024 winners ### Meet the 2024 winners: details [ ![AirInt Services](https://seedstars-com.s3.amazonaws.com/images/airntserviceslogo181024.max-320x550.png) AVIATION • FRANCE #### AirInt Services AirInt Services is a French aviation software provider that uses the latest available technologies to easily perform aircraft maintenance and master the information flow, both on mobile devices and web application. MORE INFO ](https://www.airintservices.com/) [ ![Inspekly](https://seedstars-com.s3.amazonaws.com/images/inspeklylogo181024.max-320x550.png) SOFTWARE DEVELOPMENT • SINGAPORE #### Inspekly Inspekly enables the remote training and management of staff through augmented reality. MORE INFO ](https://www.inspekly.com/) [ ![AR Engineering](https://seedstars-com.s3.amazonaws.com/images/arengineeringlogo1810.max-320x550.png) SOFTWARE DEVELOPMENT • UAE #### AR Engineering AR Engineering leverages 3D and Augmented Reality technology to transform complex systems into interactive experiences, enhancing workforce training. MORE INFO ](https://www.arengineering.tech/) ## Meet the 2022 winners ### Meet the 2022 winners: details [ ![AIIR Innovations](https://seedstars-com.s3.amazonaws.com/images/Logos_Website_1.max-320x550.png) SOFTWARE DEVELOPMENT • THE NETHERLANDS #### Aiir Innovations Provide the most advanced borescope inspections through AI and advanced digital tools. Aiir is the innovative toolbox for all inspectors to perform faster & qualitative inspections. MORE INFO ](http://www.aiir.nl) [ ![Evitado](https://seedstars-com.s3.amazonaws.com/images/evitado_logo2709.max-320x550.png) AVIATON TECHNOLOGY • GERMANY #### EVITADO Technologies GmbH "Evitado is revolutionizing the future of aviation by automating airside operations. Our product solution mitigates the risk of collisions and increases the level of safety and efficiency whilst providing real-time data for optimizing operations." MORE INFO ](https://evitado.io/) [ ![Augmenteed](https://seedstars-com.s3.amazonaws.com/images/augmenteed_logo2709.max-320x550.png) TECHNOLOGY • SINGAPORE #### Augmenteed We augment front-line workers capabilities to instantly upskill them to Engineers 4.0. Augmenteed is a platform where industrials can create their own procedures within hours and without coding. They can now deploy mobile applications to field technicians for MRO (Maintenance, Repair, and Overhaul), inspection or training. MORE INFO ](https://www.augmenteed.tech/) [ ![Block Aero Technologies](https://seedstars-com.s3.amazonaws.com/images/blackaero_logo2709.max-320x550.png) AVIATION AND AEROSPACE COMPONENT MANUFACTURING • THAILAND #### Block Aero Technologies Block Aero has commercialized the world's first blockchain based asset management solution for the aviation industry. MORE INFO ](http://block.aero/) ## Program Timeline ### Program Timeline: details Application period: 28 May- 3 September 2024 (28 May - 16 July 2024) Round 1: For AI-enabled solutions to improve MRO processes and administrative tasks (24 July 2024 - 3 September 2024) Round 2: For innovative solutions for aviation MRO Selected participants annoucement September 2024 4 - Day virtual workshop 1- 4 October 2024 Main pitching event & solutions exhibition (hybrid*) 10 October 2024 *Highly recommended to join in person ![benefits](https://seedstars-com.s3.amazonaws.com/images/Benefits.max-1280x550.jpg) Program Benefits At the end of the program, participants will be joining together in the pitching event, where up to 3 ventures will be selected and invited to Lufthansa Technik Philippines (LTP) facility to negotiate their business with the core team, with an opportunity to initiate collaboration and engage their solutions at LTP. * 1:1 mentorship sessions and networking opportunities with mentors, speakers, and fellow enterprises * Potential funding and investment opportunities to support the development and implementation of your solutions * Join the intensive 4-day workshop run by experienced entrepreneurs, aviation MRO-domain experts, investors, and work on scoping your solution to tackle the challenges in aviation MRO industry ## Program Background ### Program Background: details Lufthansa Technik Philippines (LTP) plays a critical role in aviation sector ensuring the safety and reliability of aircraft operations. Due to era of rapid change, organizations must move with agility and adaptability. As technological innovation accelerates, we need to revamp products or procedures sooner than expected to remain competitive. The LTP Startup Challenge recognize the immense potential of AI in aviation MRO. We are committed to fostering innovation and collaboration among startups that aim to leverage AI to revolutionize the existing MRO processes. Our challenge provides a platform for visionary entrepreneurs to showcase their groundbreaking solutions, explore partnerships with industry leaders, and contribute to the continuous advancement of the aviation MRO sector. In today's rapidly evolving world, the impact of artificial intelligence (AI) has become increasingly profound. AI has revolutionized various industries, empowering organizations to optimize operations, enhance decision-making processes, and unlock unprecedented efficiency. The integration of AI technologies has ushered in a new era of possibilities, enhancing safety, efficiency, and overall performance in the aviation industry. From intelligent maintenance systems to predictive analytics, AI has enabled airlines and aviation companies to proactively detect and address potential issues, reducing downtime and ensuring the smooth operation of aircraft. ## Meet the Project Team ### Meet the Project Team: details ![None](https://seedstars-com.s3.amazonaws.com/images/Stefan_Yordanov-01.max-376x376.jpg) VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF STRATEGY AND CORPORATE PROJECTS Stefan Yordanov [__](http://linkedin.com/in/syordanov) ![None](https://seedstars-com.s3.amazonaws.com/images/anna.max-376x376.png) PROJECT MANAGER STRATEGY AND PMO Anna Norell Macatangay [__](http://linkedin.com/in/anna-norell-macatangay-0b8226146) ![None](https://seedstars-com.s3.amazonaws.com/images/john.max-376x376.png) PROJECT MANAGER STRATEGY AND PMO John Philip Ilagan [__](http://linkedin.com/in/john-philip-ilagan-680b17135) ![None](https://seedstars-com.s3.amazonaws.com/images/Cely.max-376x376.png) STRATEGY AND CORPORATE PROJECTS, DIVISION MANAGER Cely Rose Apple Pangan [__](http://linkedin.com/in/cely-rose-apple-pangan-ece-mmgt-82487267) ![None](https://seedstars-com.s3.amazonaws.com/images/Untitled_design_18.max-376x376.png) PROGRAM MANAGER ASIA, SEEDSTARS Nat Lertplakorn [__](https://www.linkedin.com/in/nat-lertplakorn-7b9b321b1/) ## Investor and Mentor Network ### Investor and Mentor Network: details ![None](https://seedstars-com.s3.amazonaws.com/images/1516262176385.max-376x376.jpg) VENTURE PARTNER AT INVESTIBLE Tina Di Cicco [__](https://www.linkedin.com/in/tinadicicco/) ![None](https://seedstars-com.s3.amazonaws.com/images/joseph.max-376x376.jpg) FOUNDING MEMBER & LEAD INVESTOR AT MANILA ANGEL INVESTORS NETWORK Joseph de Leon [__](https://www.linkedin.com/in/josephdeleon/) ![None](https://seedstars-com.s3.amazonaws.com/images/1578384648292.max-376x376.jpg) PORTFOLIO GROWTH MANAGER & PARTNERSHIP AT KRUNGSRI FINNOVATE Saijai Pongsripetch [__](https://www.linkedin.com/in/saijai-p/) [ ![Lufthansa Technik Philippines](https://seedstars-com.s3.amazonaws.com/images/lufthansa_logo.max-320x550.png) ABOUT #### Lufthansa Technik Philippines Lufthansa Technik Philippines (LTP) is a joint venture company of Lufthansa Technik AG and MacroAsia Corporation, offers a wide range of aircraft Maintenance, Repair and Overhaul (MRO) services to customers worldwide. LTP makes it its mission to ensure that all aircraft leaving its hangars reflect the world-renowned Lufthansa Technik standards of quality, safety, and reliability. A key pillar for operational success is our passion and ongoing drive to achieve and meet high international standards in terms of quality, health and safety, and environment. MORE INFO ](https://www.lht-philippines.com/) [ ![Seedstars](https://seedstars-com.s3.amazonaws.com/images/Logos_Wagtail.max-320x550.png) ABOUT #### Seedstars Seedstars is an investment holding company founded in Switzerland in 2012 with the mission to impact people's lives in emerging markets through entrepreneurship and technology. MORE INFO ](https://seedstars.com/) ## Read more [ ASIA • AEROSPACE Lufthansa Technik Philippines launches regional search for aviation industry innovators The Lufthansa Technik Philippines and Seedstars is the LTP Startup Challenge for aviation innovators in the APAC region. __ ](https://www.seedstars.com/content-hub/newsroom/lufthansa-technik-philippines-launches-regional-search-aviation-industry-innovators/) --- ## Sitemap - [Sitemap](https://www.seedstars.com/sitemap.md): every public page on this site - [llms.txt](https://www.seedstars.com/llms.txt): what Seedstars does and where to start