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JSSI and IADA Foundation Launch Aviation Innovation Grant Supporting Aspiring Entrepreneurs

JSSI and IADA Foundation Launch Aviation Innovation Grant Supporting Aspiring Entrepreneurs

CHICAGO, June 2, 2025 – JSSI, the leading provider of maintenance support and financial tools for the business aviation industry, has partnered with the International Aircraft Dealers Association (IADA) Foundation to launch the JSSI Aviation Innovation Grant.

The grant is designed to empower the next generation of aviation entrepreneurs by providing funding and mentorship to students with innovative ideas that could transform the future of business aviation. The JSSI Innovation Grant offers a $5,000 award to the college student who demonstrates exceptional promise, creativity, and a strong business case for their aviation-focused innovation.

“At JSSI, we believe the future of business aviation will be shaped by bold ideas and the people courageous enough to pursue them. The JSSI Aviation Innovation Grant is our commitment to nurturing that spirit of entrepreneurship. By partnering with the IADA Foundation, we’re not just offering financial support – we’re investing in the next generation of aviation leaders who will challenge, drive progress, and redefine what’s possible in our industry,” said Neil Book, Chairman and CEO of JSSI.

“The IADA Foundation is extremely pleased to partner with JSSI to support bright, driven students who are ready to bring great ideas into the business aviation industry,” said IADA Foundation Board Member and Chair of the Scholarship Committee Kathy Oberbroeckling, who also serves as Chief Financial Officer of jetAVIVA. “The JSSI Aviation Innovation Grant is more than just funding, it is an investment in the next generation of aviation leaders.”

JSSI Aviation Innovation Grant Details

  • Award Amount: $5,000
  • Application Period: June 1 to Sept. 1, 2025
  • Award Presented at the IADA Fall Meeting, Oct. 2025
  • Eligibility:
    • Current college student (bachelor’s or master’s level)
    • Minimum GPA of 3.3

Application Requirements

  • Submit a Lean Canvas or problem statement outlining the business concept and market opportunity
  • Submit a short essay (500 words or less)

Selection Process
Applications will be reviewed by the IADA Foundation Board. Final selection will be made in collaboration with the JSSI management team.

Apply Now
Students can submit their applications online here: JSSI Aviation Innovation Grant Application

 

For additional information or questions, please contact:
Erika Ingle
Marketing Director, IADA
Office: +1 (866) 284-4744
Email: [email protected]

About JSSI

Founded in 1989 and headquartered in Chicago, JSSI is the leading independent provider of hourly cost maintenance (HCM) programs for business aircraft engines, airframes, and auxiliary power units (APUs). JSSI’s HCM programs cover over 300 different makes and models of business aircraft.

JSSI has constructed a portfolio of complementary business lines that support owners, operators, and maintenance providers across the entire lifecycle of ownership, including parts procurement, maintenance tracking software, aircraft financing, and advisory services.

With 6,500+ aircraft supported by maintenance programs and software platforms, JSSI leverages this wealth of data, scale, and innovation to drive cost savings and provide custom solutions that align to the interests of each client, regardless of aircraft platform. Institutional investors GTCR, Genstar Capital, and Blackstone provide strong sponsorship to JSSI.

Learn more at jetsupport.com.

For media inquiries, please contact:

Isabella Rimton, VP of Marketing, JSSI

+1 302 690 7874, [email protected]

About IADA

The International Aircraft Dealers Association (IADA) is a professional trade organization that sets the standard for excellence in the aircraft resale industry. IADA members are among the most experienced and respected professionals in the field, committed to maintaining the highest levels of integrity, transparency, and expertise. IADA-Accredited Dealers undergo rigorous vetting and continuous re-accreditation, ensuring that they meet the highest standards of professional conduct and service. IADA Products & Services Members are verified to assure the highest ethical standards and levels of experience. For more information, visit https://iada.aero.

About AircraftExchange.com

IADA’s AircraftExchange marketing search portal is the only site where every aircraft listed for sale is represented by an IADA-Accredited Dealer. AircraftExchange enables users to create a confidential dashboard of business jets for sale, filtered based on their features and amenities, class size, age, and price. Users can browse through data-rich listings of available business aircraft. For more info go to https://aircraftexchange.com.

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About JSSI

Founded in 1989 and headquartered in Chicago, Jet Support Services, Inc. (JSSI) is the largest independent provider of hourly cost maintenance programs for business aviation. JSSI delivers comprehensive coverage for engines, airframes, and auxiliary power units (APUs) across more than 300 different aircraft makes and models, helping owners and operators stabilize maintenance budgets, maximize aircraft availability, and protect asset value throughout the lifecycle of ownership. 

JSSI has built a portfolio of complementary business lines designed to simplify the economic and technical complexity of business aviation; these include Maintenance ProgramsTraxxall maintenance tracking software, Parts & EnginesConklin aircraft cost and performance data, and Aviation Capital assetbased financing solutions. Together, these offerings support owners, operators, and maintenance teams with integrated tools spanning ownership and maintenance planning, execution, and financial management 

With more than 6,500 aircraft supported through programs and software platforms, JSSI leverages its unique independence, unmatched scale, and data-driven insight to deliver customized solutions and support models aligned to the interests of each client  regardless of aircraft platform. JSSI is backed by leading institutional investors GTCR, Genstar Capital, and Blackstone. Learn more at jetsupport.com. 

Media Contact

Isabella Rimton, VP of Marketing, JSSI

+1-302-690-7874, [email protected]

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