Cockpit Innovation Hub & JetBlue Technology Ventures Launch the Navigator Program for Startups in the Fields of Aviation & Tr...
July 13 2016 - 3:09PM
Business Wire
The program will mentor entrepreneurs for
three months in Tel Aviv and one month in Silicon Valley, including
exposure to strategic partners, initial funding and hands-on
guidance
Cockpit, the innovation center established by EL AL, and
JetBlue Technology Ventures, the investment arm of JetBlue,
today announced the launch of Navigator, an accelerator
program for Israeli and international startups working in the
fields of aviation and travel.
The Navigator program will include exposure to strategic
partners, initial funding and ongoing close guidance for startups
in all aspects of their business development. The first global
innovation center of its kind, Navigator will specialize in
identifying and nurturing ground-breaking technologies, and in
applying their inherent potential for use in the aviation and
travel industries. Navigator will also provide the startups with
the potential opportunity to present and test in real time the
products they have developed.
Navigator targets startups from all over the world that deal
with aviation and travel. The companies accepted will receive
funding, office space in Israel and the United States, and hands-on
mentoring that will include access to the broad global network of
EL AL and JetBlue. The program also includes ongoing guidance in a
wide variety of business activities, especially in the realms of
sales and marketing, technology and legal issues. In addition, each
startup selected for the program will gain exposure to leading
professionals and customers in the global aviation and travel
industries.
The companies will work for three months in Israel and an
additional month in Silicon Valley. They will get an opportunity to
present their developments to key players in the global aviation
industry. After the four-month international program, alumni may be
offered follow-up support for a further eight months in terms of a
workspace and business development mentoring aimed at actualizing
the partnerships that will be created.
Submission of candidacy for the program is open, through the
website cockpitinnovation.com. Shortly after the top startups are chosen and
announced, the program will get off the ground in Tel Aviv. The
selection process will be based on a rigorous examination of
various criteria, the first of which is evidence that the
technological development under discussion will lead to meaningful
innovation and positive change in the industry.
Henry Chen Weinstein, CEO, Cockpit Innovation Hub, says:
“Collaboration is an innovation catalyst - bridging Tel Aviv and
Silicon Valley, two of the leading startup hubs on earth through
Cockpit and JetBlue Technology Ventures is the next step in
harnessing the power of innovation for the future of the Air Travel
industry. The Navigator program is the first of its kind,
incubating startups focused on travel and aviation by the industry
itself, creating a unique opportunity for entrepreneurs."
Bonny Simi, President, JetBlue Technology Ventures, says:
"We're excited to partner with Cockpit to connect the two travel
tech innovation hubs of Tel Aviv and Silicon Valley through the
Navigator program. By combining a wealth of aviation and technology
expertise with actual platforms and connections to incubate ideas
within the airline industry, we are perfectly positioned to
directly help startups shape the future of the travel."
About Cockpit Innovation Hub
Cockpit is a unique digital travel and aviation hub for
entrepreneurs with a passion for innovation. Cockpit Innovation Hub
helps early stage startups and disruptive technologies aim high and
do big things in Travel and Aviation by providing all the tools
startups need to put their company in the cockpit and fly to
success. Learn more and apply at Cockpitinnovation.com.
About JetBlue Technology Ventures
Located in the startup incubator GSVlabs in Silicon Valley,
JetBlue Technology Ventures invests in, incubates and partners with
early stage startups at the intersection of technology, travel and
hospitality. For more information, including upcoming events and
how to request review of potential startup ideas, please visit
Jetblueventures.com.
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