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PROGRAM
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
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.
Application Criteria
We are seeking innovative startups and entrepreneurs from around the globe who are passionate about innovation in aviation MRO operations
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
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
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.
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.
