Urban Mobility Incubator is a 9-week program of active individual work in teams and mentoring followed by the possibility to deploy your prototype in an urban environment.
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This project is funded by EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union.
As cities grow, the demand for mobility increases. Today urban mobility accounts for 40 % of all CO2 emissions of road transport and up to 70 % of other pollutants from transport within the European Union. By fostering innovation and transforming urban mobility, we can cut unnecessary costs, improve quality of life and contribute to achieving climate targets thus helping cities become climate neutral by 2030, and making cities more livable, inclusive and safe.
*5 teams receive up to €3000 for prototyping and piloting. Final pitch prize fund is 3000 EUR.
Getting your prototype from the lab to the city streets is a complicated process that can take up to 18 months. We offer fast track deployment to accelerate your time to market.
Personalized 9-week development plan with individual coaching, 1:1 mentoring sessions and workshops by industry experts Two Dots Consulting and local EDI. If you come with a sustainable idea, we will provide guidance and support in launching your company.
We can help you to scale your business to EU level. EIT Urban Mobility network enables access to many European cities.
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The incubator will be a 9 week long program of active individual work and mentoring, followed by a chance to deploy a prototype in the Riga urban environment. Each participant will have a personalized progress plan depending on their situation at the program start. Therefore, we are equally welcoming to completely new teams with high potential ideas as well as already established startups interested in deployment acceleration.
The program will offer up to 5 teams hands-on workshops with supervisors on market research, client profile assessment, prototyping, marketing, etc., with up to 3,000 EUR financial support for each team's prototype development and deployment to build their solution on a real scale.
Making sure that your idea and value proposition is actually targeting real market needs
Researching competition, defining your edge and creating a profitable business model
Creating solution prototype under the guidance of mobility, IoT, AI and other tech experts
Selected teams will have a chance to deploy their prototypes
*Deployment varies across calendar
Final event to share your progress and received feedback from potential clients
This Urban Mobility Incubator is co-funded by EIT Urban Mobility Regional Innovation Scheme (RIS) an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. EIT Urban Mobility acts to accelerate positive change on mobility to make urban spaces more liveable. Learn more: eiturbanmobility.eu. The program is organized by the innovation movement VEFRESH in partnership with the Riga City Council and the Riga Technical University.
We are open to beginner entrepreneurs with a passion and strong drive to succeed as well as to already established startups looking for that extra push to get their prototype deployed in real urban conditions. Our team selection is based on the following criteria:
Eligible candidates hold the following qualifications:
The program is free of charge.
You will be required to fill out an application form that describes your idea and team setup. The applications will be accepted until May 3. If necessary, we also might invite the applicants for interviews with the jury committee or organizer team.
Our primary focus are participants from the Baltic states, but we are ready to consider teams from elsewhere in Europe if you are interested in registering your company in Latvia. For more information about how to do this and Startup visa, please check Magnetic Latvia portal.
The program will start mid May and will finish in July. Afterwards the final pitch event will be organized.
We will expect you to strongly commit to the development of your business strategy and technical prototype during the program time. We also expect the participants to engage with other teams, share constructive feedback and be open to various opinions. We strongly support all teams to become incorporated after the program. We advise and support all teams to become incorporated during the program.
No, as an incubation program we will not take your equity, but we will ask you to keep us updated about your future milestones and successes after the completion of the program. This will allow us to identify potential cooperation formats and projects that is suitable for you along the way, allowing your company to grow further even after the program.
Each team can receive up to €3 000 for prototyping and piloting, depending on team-specific needs for further product and service development. Organizers keep the right to evaluate each budget request and it’s fit for solution development, including the work ethic and drive of each team. At the final pitching event teams will also compete for the total cash prize of 3000 EUR!