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Picture credit: EUSP
Get able to speed up your startup and be part of the way forward for sustainable mobility!
The European Startup Prize for Mobility (EUSP) is again with its fifth version, promising to be greater and higher than ever earlier than.
What’s the European Startup Prize for Mobility?
The European Startup Prize for Mobility (EUSP) is an EU-founded acceleration and funding programme for sustainable mobility startups.
It was created in 2017 by Karima Delli, Chairwoman of the European Parliament’s Committee on Transport and Tourism, Boston Consulting Group, and By way of ID. Created in 2010, By way of ID is the funding fund and the enterprise accelerator of startups in new mobility of Mobivia (Norauto, Midas, ATU).
As a public-private initiative, EUSP goals to assist and scale up good and sustainable mobility firms throughout Europe.
Every year, some 600 startups apply to its Acceleration and Funding programme.
The EUSP supplies them with a number of alternatives as a “one-stop-shop” for Europe alongside 4 themes: visibility, funding, consultancy and advocacy. This version winners will get pleasure from main visibility by pitching on a number of the world’s largest tech levels (Internet Summit, Slush, OurCrowd Summit) as EUSP winners.
They are going to be invited to pitch earlier than each EU funds (European Fee, European Funding Financial institution, EIT InnoEnergy) and a big group of non-public traders (Demo Day).
The winners can even get pleasure from tailor-made enterprise consultancy from Rolalnd Berger and a three-month acceleration programme, run by By way of ID. Lastly, startups are invited to supply coverage suggestions for the EU establishments to assist extra clear innovation.
What’s new on this version?
This yr’s version is the results of an unprecedented public-private initiative with 16 distinctive companions on board.
They embrace EIT City Mobility, RATP Group, Crédit Agricole Auto Financial institution, European Local weather Basis, Mobilians, Groupe ADP, Europcar Mobility Group, Volta Vehicles, GRDF, European Clear Trucking Alliance, Voies Navigables de France (VNF), Europe’s Rail, Die Autobahn, Roland Berger, and Shift4Good.
Yearly, a whole lot of startups from throughout Europe apply for the EUSP and greater than 2,000 startups have participated since its inception.
The competitors is fierce, however everyone seems to be a winner. Not solely the highest 10 will likely be rewarded. The 16 EUSP companions will have a look at all of the purposes and monitor them for alternatives. Making use of is due to this fact a possibility to hitch the group
When you’ve got a sustainable mobility product or answer with a constructive environmental and societal impression, EUSP is the place to be.
Choice standards
The decision for purposes is open to all mobility options working within the European Union and all related nations within the Horizon Europe cooperation programme for innovation (together with those that have been or are within the technique of negotiating their settlement). These nations embrace the EU27 but additionally Israel, Switzerland, UK, Norway, and even Morocco, Tunisia and New Zealand!
There are 9 key choice standards for the EU Startup Prize for Mobility, each the enterprise viability of the startups but additionally at their impression on the local weather, atmosphere, social inclusion, accessibility and so on.:
- Innovation
- Market
- Execution
- Workforce
- Local weather
- Environmental impression
- Accessibility and social inclusion
- Territorial inclusion
- European scalability
Choice course of
Based on EUSP, the choice course of is organised in three ranges of choice:
- On-line (to find out a TOP 50)
- Visio (to find out the TOP 10)
- Ceremony (to find out the TOP 3, in addition to awarding the TOP 10 and 13 Particular Prizes)
All candidates are assessed by greater than 100 mobility consultants led and supported by By way of ID.
Why do you have to apply for EUSP 2023
Listed here are 4 compelling causes.
Win your EUSP label
The 50 greatest startups will likely be introduced by a “TOP 50” on 14th September 2023.
The highest 50 startups will likely be honoured with the celebrated TOP 50 EUSP label, which they will showcase of their communications.
Moreover, they may have the chance to take part within the Demo Day organised by By way of ID, with an viewers of over 150 traders.
Achieve entry to acceleration and funding programme
These TOP 50 startups will then pitch to the jury to safe a spot within the “TOP 10.”
In addition to the EUSP label and Visibility, these startups will profit from a 3-month distant acceleration and funding programme (lobbying, European growth, tailor-made mentoring with By way of ID), and funding alternatives (dilutive and non-dilutive).
As well as, the TOP 10 startups will profit from particular person assist powered by By way of ID.
The EUSP acceleration and funding programme is equity-free and freed from cost.
Personalised assist from Roland Berger
The TOP 3 startups, chosen from the TOP 10, will profit from a private strategic enterprise consultancy supplied by the EUSP’s companion Roland Berger.
Particular Prizes and recognition
All EUSP individuals have the chance to use for the 13 Particular Prizes sponsored by the companions.
It contains Logistics and Freight (awarded by GRDF), Company Mobility and Intermodality (awarded by Groupe ADP), Sustainable passenger expertise and operational excellence (awarded by RATP), Scale-ups (awarded by the European Funding Financial institution), and far more.
These prizes not solely recognise the perfect startups of their respective classes but additionally present distinctive benefits provided by the companions.
By successful certainly one of these prizes, you possibly can achieve additional recognition and publicity on your startup.
The journey culminates within the grand award ceremony on the European Parliament in Brussels on twenty fifth October 2023.
Find out how to apply?
Candidates should submit their utility on the appliance platform earlier than 20 June 2023.
Participation within the EUSP is open to startups created in Europe that provide an progressive sustainable mobility product or answer.
This product or answer should have a constructive environmental and societal impression in addition to worldwide growth potential.
David Schwarz, CEO of By way of ID, says, “This fifth version of the EUSP, of which we’re co-founders, is gaining in maturity and strengthening to additional assist progressive sustainable mobility startups of their worldwide growth. For the primary time, we are going to organise a Demo Day for the TOP 50 gathering greater than 150 traders.”
“The acceleration and funding programme for the TOP 10 focuses on three key matters: European public affairs, funding, and worldwide growth. We will likely be eager to deliver, by the advocacy of the EUSP, the voice of the perfect mobility startups to establishments with the assist of Karima Delli once more this yr,” provides Schwarz.
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