International Airlines Group (IAG) has selected four finalists to join Hangar 51, its first ever accelerator programme, run in association with innovation specialist L Marks.
From more than 450 applications, IAG chose 26 start-ups to present their businesses before a judging panel at a pitch day (see link to video) in December before selecting the finalists.
The Hangar 51 finalists are:
- Esplorio’s app is a simple way to record and share travels, ensuring that travellers never forget their amazing experiences and adventures.
- Resolver is an independent online resolution service helping consumers to raise issues and helping business to be more effective at resolving them.
- VChain Tech uses blockchain technology to build patent-pending Digital Identity SaaS to help airlines share data safely and securely when passengers take connecting flights.
- Warwick Analytics is a team of expert data-scientists who produce automated predictive analytics software.
The start-ups will spend ten weeks fully immersed in the operations of one the world’s largest airline groups. Based at IAG’s HQ in London, they will be able to trial their products globally and receive mentoring from both the Group’s senior management team and external mentors.
Glenn Morgan, IAG’s head of digital transformation, said: “Our finalists offer IAG a wide range of disruptive opportunities that could create next generation travel experiences and transform the aviation industry. We look forward to welcoming them to IAG and working alongside them as we develop these ideas together”.
Stuart Marks, technology entrepreneur and Chairman of L Marks said: “The calibre of our finalist startups is very exciting, they all bring something unique to the programme while sharing a true disruptive nature. I’m eager to see each team evolve as they test their innovative solutions alongside one of the world’s largest airline groups. I’m certain we will see some exciting outcomes from Hangar 51”.
The Hangar 51 accelerator programme starts today, January 9, 2017, with a demonstration day on March 14, 2017.