Sikorsky Innovations, the technology development organization of Sikorsky Aircraft Corp., has selected EvoLux Transportation LLC as the winner of its second Entrepreneurial Challenge Competition. Sikorsky is a subsidiary of United Technologies Corp. The Entrepreneurial Challenge is designed to identify and accelerate the development of emerging, transformational business solutions across all markets that can be applied to specialized aerospace and rotorcraft markets.
Sikorsky recently selected EvoLux Transportation, a helicopter focused tech-travel company based in Boca Raton, for its presentation of a social media platform offering unprecedented connectivity in the urban VIP helicopter marketplace, a press release said.
The award entitles EvoLux to join previous Challenge winners, rent-free, in the Sikorsky Innovations' "incubator" space at the Stamford iCenter in Stamford, Conn. The iCenter, a recently named cornerstone hub of the Connecticut Innovation Ecosystem, provides the entrepreneurs with direct access to the East Coast investment and entrepreneurial communities. During that time, Sikorsky mentors will provide coaching, along with an education program to assist in maturing and growing their business, and will provide EvoLux with an investment evaluation.
"There are some very real challenges facing vertical lift operations and it's extremely refreshing to see Sikorsky Innovations' leadership approach in identifying these areas and engaging with entrepreneurs to provide immediate solutions," said EvoLux founder, Raymond Leavitt, in the press release. "Igor Sikorsky's entrepreneurial spirit is alive and well and our team is very excited to work with the Innovations team to further execute and accelerate our award-winning business plan."