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EIT Urban mobility

EIT Urban mobility

The EIT Urban Mobility Accelerator is a EU-funded programme in five European regional hubs implemented through partners to take early-stage mobility startups to the next level. They are looking for early-stage startup-teams with business ideas that reduce congestion and increase efficiency in the transport system.

  • Use: Go2Market;
  • Date closing: November 12, 2021
  • Amount: 50,000 € - 150,000 €
  • Industry focus: Transportation; ICT;
  • Yearly operations: 80
  • Total budget: 400M €
  • Entity type: Accelerator
  • Vertical focus: All
  • Website: https://www.eiturbanmobility.eu/
  • Status:
    Open
  • Funding type: Equity investment;
  • Geographic focus: Europe;
  • Public/Private: Public
  • Stage focus: pre-seed; Seed;
  • Applicant target: SME;

Overview

The EIT Urban Mobility Acceleration programme is designed to offer early stage startups from EU plus EIT participating countries: € 5.000 as grant for each participating startup € 30.000 worth of support services: Individualized business coaching and training Mentoring by industry experts and experienced founders Validation of your market and technology with access to a network of living labs (in collaboration with City Club) Finding your product-market fit Scaling your business, driving growth and internationalisation Investor pitch coaching and potential contacts with investors and VC funds Promotion of your startup at the Business Creation portfolio webpage, and through EIT Urban Mobility communication channels Access to EIT Urban Mobility investment initiatives and funding instruments Startup must be incorporated in EU or EIT Urban Mobility participating countries. A team with at least 2 FTE (not a single founder): minimum 1 team member pursuing the startup fulltime (not necessarily connected to monetary compensation).Founders and employees (e.g. ESOP) should still own more than 70% of shares. A clear, scalable business idea and duly justified TRL 4-7. Minimum € 1 billion addressable market Fit with City Club Challenges as described in KIC Urban Mobility Strategic Agenda in Business Plan for 2021: Shift to active modes of transport Avoid negative health, safety and environment impacts of urban mobility Improve urban logistics Improve public transport Improve the quality of public space Improve traffic flow management Avoid transition barriers

Last updated on 2023-01-17 19:27

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