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US firm Lockheed Martin invites innovative ideas from startups
US firm Lockheed Martin invites innovative ideas from startups
International

US firm Lockheed Martin invites innovative ideas from startups

Pennews

US war aircraft manufacturers Lockheed Martin will soon invite innovation ideas from startups through its annual scheme "India Innovation Growth Programme," meant for start-ups and university students to take forward their ideas and hit the market.

Addressing the audience at the Kerala's first ever National level hardware startup conclave conducted by Maker Village in Kochi on Saturday. Chief Executive, Lockheed Martin India,said " People need exposure, investors or venture capitalists. The programme is set up to identify the innovation that is taking place in India. From the ideas, an expert panel will select the best 10 and they will be going to the States each year to be exposed to the innovation ecosystem in the US,".

Lockheed Martin is an American global aerospace, defense, security and advanced technologies company.

In his keynote address to the event, M. Sivasankar , IT Secretary, Government of Kerala, said that the Maker Village should associate itself with talents emerging from work experience fest being held in schools and colleges.

He said, along with Internet & Mobile Association of India (IAMAI), an international conclave of start-ups, in which around 2000 startups will participate, will be held in April this year. he added.