|16 October 2016|

UK

Supporting startups and creating new companies is part of easyJet’s remit as a key investor in the groundbreaking Founders Factory – a multi-sector accelerator and incubator.

The leading short-haul airline is committed to backing five early stage startups as well as co-creating two new companies annually.

Placing itself at heart of the growing European tech ecosystem, London’s Founders Factory develop 200 early stage technology companies across six sectors over the next five years.

And its in-house team of pioneers and seasoned entrepreneurs offer participating startups practical support and they will work with easyJet to create and launch new TravelTech products and services.

Dame Carolyn McCall, CEO, easyJet, said: “This partnership will create real value for easyJet and our passengers by putting disruptive thinking at the centre of our digital strategy. Over the last five years, we have used digital to transform the airline and the experience of our passengers.

“Connecting the talented easyJet team with the next generation of disruptive entrepreneurs will only continue to drive fresh thinking and uncover new opportunities. We are already well known for our innovation – whether that be our award-winning app with 17 million downloads, mobile host technology at airports or our work with drone technology for aircraft maintenance.

“Working with Founders Factory to explore opportunities for advanced TravelTech services will help us to keep making travel easy and affordable.”

Brent Hoberman, Co-Founder and Executive Chairman, Founders Factory, added: “We are confident that together we can support the next generation of innovators in travel leveraging digital scale, data, personalisation, VR, AI, ecommerce breakthroughs and FinTech.”