Urban Mobility Incubator is an annual 8-week program tailored for mobility startups, designed to nurture your business potential, sharpen your skills, develop your prototype and expand your network.
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This project is supported by EIT Urban Mobility, 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
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 €2 400 for prototyping and piloting
Getting your prototype from the lab to the city streets is a complicated process that can take up to 18 months. We can help in accelerating your time to market.
Personalized 8-week development plan with individual coaching, 1:1 mentoring sessions and workshops by startup consultants from Two Dots Consulting
We can help you to scale your business to EU level. EIT Urban Mobility network enables access to many European cities
The Urban Mobility incubator is a 8-week long program of active individual work and mentoring, providing participants with the toolkit that allows startups to sharpen their skills and grow their business potential, develop their prototype and expand the network. Startup solutions demonstrating the best alignment with challenges and the greatest potential may qualify to deploy their 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 their business acceleration.
The program will offer up to 5 teams hands-on workshops with recognized mentors on go-to-market strategy, revenue streams, marketing, prototyping, etc., with up to 2400 EUR financial support for each team's prototype development and piloting to build their solution on a real scale.
Business set-up and roadmap
Product market fit development & GTM strategy
Target audience and revenue streams models
Marketing and communication
Business pitch
*The Modules will be tailored to startup needs and can vary based on the knowledge and development of the participating teams.
Additionally, practical prototyping workshops and individual consultations will be organized for interested startups. Workshops will take place at the Riga Technical University open-type workshop theLab, powered by RTU Design Factory.
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 improved and 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 motivation, solution and team setup. The applications will be accepted until April 5. Shortlisted applicants will be invited for interviews with the mentors and organizer team.
Our primary focus are participants from Latvia, Lithuania and Estonia, but we are ready to consider teams from elsewhere in Europe (from EIT RIS eligible countries) if you are interested in expanding to other markets, like the Baltics.
The program will start on April 29 with a Kick-off event and will finish on June 20. Workshops and 1:1 mentoring sessions will be organized every week, and are mandatory to attend.
We will expect you to strongly commit to the programme and the development of your business strategy and technical prototype during the program time. It is mandatory to attend all sessions by at least one team member, and commit to homeworks given by the mentors that will help you sharpen your business. We also expect the participants to engage with other teams, share constructive feedback and be open to various opinions. We advise and support all unincorporated 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 €2 400 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.