Business Creation
Funding and hot network leads for startups and scale-ups
Empowering startups and scale-ups with opportunities to grow
Business Creation supports top start-ups and scale-ups with the ultimate goal of creating sustainable and more liveable cities.
Business Creation aims to become the reference in the market for supporting and funding gender-balanced startups within urban mobility. Our tools are:
- Funding through grants and equity investments
- Knowledge and training through partner-led programmes
- Networking and hot lead introductions through dedicated support to our equity portfolio companies
We support the lifecycle of start-ups and scale-ups through the phases of incubation, acceleration and growth, and through our own investment activities. We especially help startups and scale-ups matchmaking with living labs and pilot opportunities with cities in our partner network. Our investment policy strives at achieving a strong growing venture equity portfolio, with equal weight on impact and financial return.
News & events
may, 2022
Activities
Our vehicles for business creation are:
Accelerator Programme
Support for startups working on innovative mobility solutions:
- Business coaching, training and mentoring
- Access to living labs and cities for the creation of new products and services
- Technology and market validation, product-market fit, access to customers
- Access to financial investors and funds
- Co-working spaces
- Use of local ecosystems/infrastructure/accelerators to drive growth and internationalisation
Finance2Move
Providing financial support for start-ups and scale-ups:
- Funding through grants or investments
- Investment readiness training
- Facilitating access to venture capital and other funding alternatives
ScaleTHENGlobal
Long-term collaboration through its alumni network
The scale-up package includes:
- Access to end-users
- International pilots with cities
- Landing pad for internationalisation
- Support in dealing with regulation and country-specific administration
Other Programmes
Other Business Creation programmes, including those that had no continuation and those defined for special calls
Investment thesis
The characteristics of EIT Urban Mobility funding are:
- Geographic focus: Europe and Horizon Europe associated countries
- Target number of investments: 12 – 15 per year
- Target equity: 1% – 5%
- Multiple target: +5x
- Target of the initial investment: €50.000 – €150.000 (up to €500.000)
- Total fund size: €50M
- Target stage: Early-stage (post-product / early-revenue)
- Typical pre-money valuation: €2M – €15M
- Exit optionality: Preferred access to corporate acquirers and secondary sale transactions to existing shareholders
Furthermore, the following investment themes are being unified:
- Attacking large markets with global application
- Heavy data aggregation and analysis capabilities
- Innovative technologies of processes
- Social and environmental impact
Our business creation targets for 2026 are:
180 startups supported by EIT Urban Mobility
40 startups created as a result of innovation projects
55 startups created by students and graduates of EIT Urban Mobility education programmes
€ 50 million of revenues generated by startups supported by EIT Urban Mobility
200 investments secured by Finance2Move
Process & Contact
For any questions or more information regarding the possibility to cooperate, please send an email to business.creation@eiturbanmobility.eu
Breakfast and learn with BC
Are you a startup or SME and would you like to learn more about the services we offer?
Every Friday at 10 AM CEST we host an introductory session to guide you through our organisation and address your questions.
