3 weeks ago

Seven Startups Secure Boeing Backing in Fifth BUILD Edition

Boeing is a big company that makes airplanes.

In India, Boeing runs a special program called BUILD.

BUILD helps smart students and small new teams turn their ideas into real products.

This year is the fifth time the program has happened.

Seven teams won this year's competition.

Each winning team gets a prize of ₹10 lakh, which is a lot of money.

They also get help from Boeing's engineers for a whole year.

The teams are supported by experts at famous Indian colleges like IIT Delhi and IIT Bombay.

Since BUILD started, it has already helped more than 35 startups.

Boeing hopes these new ideas will make airplanes better and help protect the environment.

Key facts

Program: BUILD (Boeing's university/startup incubation initiative)
Edition: Fifth
Winning teams: 7 startups
Grant per team: ₹10 lakh
Target participants: 2026 engineering graduates, postdocs, and ideation/pre-seed startups
Incubation centers: 7 (IIT Delhi, IIT Bombay, IIT Gandhinagar, IISc Bengaluru, IIT Madras, T-Hub Hyderabad, KIIT-TBI Bhubaneswar)
Applications since launch: Over 7,000
Startups incubated since launch: More than 35
Boeing sourcing from India: Over $1.4 billion annually from 300+ local companies

businesstoday.in · 3 weeks ago