Luton operator funds start-ups

Aena, the Spanish-owned operator of Luton Airport, has announced the launch of the Aena Ventures programme, to provide funding for start-ups world-wide looking to use technology to improve the passenger experience at airports.

The programme calls for companies developing solutions in aspects of the passenger experience including travel to the airport, communications, sustainability and baggage handling.

Each business selected for the programme will be eligible for up to $50,000 in funding from Aena.  Start-ups will have access to mentors from Aena to guide them and access to Aena facilities.  They will also have the chance to enter into an agreement with Aena worth up to €2m for the development and deployment of the idea at selected airports.

The six-month programme will begin in December 2020 and run until May 2021, when the participating start-ups will showcase their achievements to Aena executives.

Commenting on the announcement Luton CEO Alberto Martin said: “This is an important and timely programme, and I hope that start-ups from the Three Counties region will consider applying. As the aviation industry looks to adjust to a new normal, it is vital that we use technology to best support passengers, and I’m glad that Aena is supporting SMEs in the aviation industry to do this. We look forward to welcoming applications and the potential to work with new partners in the long term.”

At the same time the airport announced passenger numbers for July, down by 74% last month compared to the same period in 2019.

Aena Ventures entries close 14 September.

https://aenaventures.com

www.london-luton.co.uk

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Paul Jones, London

Well done AENA. Was it Luton’s idea or someone else? Has the Council any involvement?