Looking for 99 female entrepreneurs in the Nordics to increase funding opportunities

Are you a female founder of an urban mobility startup? Did you know that of the €3.2 billion of venture capital (VC) invested in the Nordic countries 6% went to mixed gender founded teams, and only 1% to founding teams made up entirely of women? And these numbers are not new, they have been this low for years. Through years of experience, the founders of Position99 know that female founders are out there, they want to raise capital, and have an enormous potential to help solve our societal challenges. 

Aiming to be the reference in the market for supporting and funding gender-balanced startups, EIT Urban Mobility has recently partnered up with Position99, to identify 99 female founders in urban mobility in the Nordics and help them get access to venture capital through increased visibility and match making. 

Over the next months, EIT Urban Mobility and Position99 will give several workshops in Sweden, Denmark, and Estonia to bring more awareness about the topic and to introduce the list of 99 female founders. Follow our journey via https://www.linkedin.com/company/eit-urban-mobility  Become part of the list and apply via https://www.position99.com/en 

Research show that female founders are perceived differently, and that the VC-world is full of outdated cultures and norms. It is also a question of communication and investors seldom have the time or will to change their own perspectives. This is unfortunate since it is our firm belief that without a gender diverse innovation scene, we will not be able to solve the climate crisis”. Something which got confirmed by the theme of the United Nations Observance of International Women’s Day 2022: “Gender Equality Today for a Sustainable Tomorrow”. 

Anna Branten, initiator of Position 99

During the last two years, EIT Urban Mobility has made gender-balance a key objective when selecting startups to invest in. Since this active focus, the number of female-led ventures in the EIT Urban Mobility portfolio has grown from 16% to 27%. At the same time, the share of gender-balanced startup investments has improved from 28% to 52%. 

With this partnership we are taking the next step to give female founded startups better chances to receive funding. More than half of our investments last year were in gender-balanced startups. Although good, this is not enough, and initiatives like this will lead the way to changing the investment scene by improving visibility for female founders and the deal flow for investors“. 

Fredrik Hanell, Business Creation Director at EIT Urban Mobility

The Scale up programme is looking for 12 urban mobility startups

The Scale up programme, financed by EIT Urban Mobility, opened up a call to identify the 12 most promising startups with solutions for sustainable urban mobility. The programme aims to take the selected startups to the next level by helping them find funding and partnerships through attendance at major European events, giving them visibility to potential investors, and bringing them closer to implementing their solutions in real environments. The application period is open until 12 June 2022.

The programme supports the startups in the introduction of their solutions to the market through two different paths.

Path A: will provide international growth to startups with attendance at high-impact events, networking opportunities, increased visibility, and additional services valued at 25.000€ to 5 selected startups.

Path B: includes the benefits of path A and aims to implement seven pilots with industry and city partners with the opportunity of being funded up to 50.000€ by EIT Urban Mobility.

When applying for path B, participating startups have the opportunity to solve one of the 15 challenges raised by top European cities and industry companies from the urban mobility sector. The startups will get support from the public authorities and organisations that have raised the challenges, and from the consortium members developing the Scale up programme.

The Scale up programme is led by CARNET, with the collaboration of PowerHub, Fraunhofer Society for the Advancement of Applied Research, UnternehmerTUM, Technische Universität Braunschweig, Niedersächsisches Forschungszentrum Fahrzeugtechnik (NFF), Digital Hub Logistics Hamburg and the City of Hamburg, Xpreneurs, UnternehmerTUM Digital Hub Mobility.

For more information about the Scale up programme, the description of the challenges, and to apply for the programme, visit https://www.eiturbanmobility.eu/business-creation/scale-up-programme/

Grow your start-up by joining our Accelerator programmes!

Are you and your start-up solving some of our mobility-related challenges? And can you use support from a European network with cities, industries and experts? Then check out our five Accelerator programmes related to sustainable city logistics, urban air mobility, e+ mobility, energy and public realm and 5G technologies for urban mobility.

Via the Accelerator programmes, EIT Urban Mobility intends to help at least 50 start-ups to grow to the next level. We are looking for early-stage start-up teams with all possible ideas that help to solve mobility-related problems and create more liveable cities in Europe and worldwide. As an impact investor, the programmes from EIT Urban Mobility align with several of the Sustainable Development Goals like Sustainable cities and communities, Climate action and Good health and well-being.

All our six-months Accelerator programmes include support services worth between € 20,000 and € 30,000, such as:

  • Facilitated access to living labs, cities and the EIT Urban Mobility community​
  • Personalised business coaching 
  • Mentoring by industry experts and experienced founders 
  • Virtual start-up workshops & education​
  • Finding your product-market fit 
  • Access to EIT Urban Mobility investment initiatives and funding instruments

The programmes and services are led by our partners: UPC, UnternehmerTUM, Mov’eo, ZONE cluster and Toulouse Metropole.  

Veronika Giacko, CMO of Mileus and alumna of an EIT Urban Mobility Accelerator programme:

I’d recommend the programmes to urban mobility start-ups that want to gain access to a wealth of workshops, coaching sessions and business development opportunities to accelerate their growth.” 

The start-ups applying to the programmes should have clear, scalable business models and products/services, preferably within the range from TRL 4 to 6. All requirements can be found in the guide for applicants on the dedicated accelerator programme pages of the different themes. We especially welcome applications from female and diverse teams. 

To get a first impression of all the five programmes, we invite you to our Accelerator programmes overview page. Make sure to apply before the closing date for your preferred open call to not miss out on this opportunity!