Travelport has unveiled plans for a seed stage investment and mentorship program, to accelerate the growth of travel commerce startup companies.
The program will be run in four month cycles and will accept up to four startups each time, it will be handled in-house by staff who have startup experience.
Although the program will take place in Denver, USA, anyone is welcome to apply.
At the end of each programme, each team has the opportunity to participate in a demo day to pitch their travel commerce innovations to senior Travelport executives, investors and other potential business development partners.
Startups on the programme also have access to Travelport’s product managers, designers, developers and coaches. They will also have access to Travelport’s APIs, software development kits and data feeds, as well as feedback from the company’s customers, including travel agencies.
Jason Nash, Travelport’s head of marketing and product incubation, said: “We’re serious about redefining travel commerce and we know there are some highly talented developers and travel startups out there who are also looking to have a positive impact on the travel commerce landscape.
“This incubator allows us to join forces with these exciting companies of the future in a mutually beneficial way.
“The startups will benefit from exceptional support and we’re really looking forward to partnering with them to work on some seriously exciting ideas and innovations focused on the unmet needs of our customers.”
The first incubator session is planned to begin in late summer.
“We’ve already tested our approach with our internal teams and figured out how to run a programme like this and maximize the adoption of lean and agile marketing methodology,” added Nash.
Full details on how to apply are available on the Travelport website, applications close on July 10.