Power4Global is taking mature EU start-ups with a validated, scalable, and innovative ideas that solve an urban mobility-related customer problem to the next level within the EIT Urban Mobility Go Global Programme.
This programme gives global outreach supported by learning Investment Sessions focused on overseas expansion and culminating with a presentation at Reuters Mobility Summit in October 2020.
Power4Global call selects five startups for presentations at Reuters Mobility Summit
Power4Global is an integral part of the GoGlobal programme, itself part of the larger Business Creation programme. It is oriented on aiding urban mobility startups in their expansion outside of Europe, particularly in the United States. This programme would have concluded in the selected startups visiting Silicon Valley, particularly San Diego. Due to COVID-19 limitations though, it will be conducted virtually.
While participating in the Power4Global Investment Sessions, start-ups will understand investment principles and be able to succeed in the US market. The format will be interactive – a 45 min keynote followed by a 45 min Q&A with speakers bringing amassed expertise in subjects such as US & international investors, successful start-ups from US, innovation hubs representatives and business and legal advisors.
The applications were pouring in until the deadline of August 5th, when a total of 23 startups submitted their information to be evaluated.
How the startups were selected
All participating startups had to submit a pitch deck and answer a set of questions oriented on their business model viability, scalability and other important factors. All of these attributes were then examined individually by a team of evaluators which gave the startups a total score. Based on this score, the final list of the selected startups is here:.
The Next Steps
These five startups, as well as all of the rest that were not selected, will now be able to attend the six preparation investment sessions. They will be oriented on expansion to foreign markets such as the US, as well as other important fields of business.
Each one of the sessions will have a speaker with expertise from fields related to startup scalability and growth.
Calendar (details to come)
2 September
1st Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
The diversity of support for startups coming from universities and private sources in the US
Martin Margala, Professor and Department Chair at University of Massachusetts Lowell
9 September
2nd Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
The success story of his startup and experiences of doing business in Silicon Valley
Kenny Hawk, CEO of Mojio
16 September
3th Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
Experiences from Silicon Valley-based corporate VC by innovation leader for a large corporation and a judge of many startup supporting programs
Jean-Marc Frangos, Executive Fellow at INSEAD, Executive In Residence at Plug and Play Tech Center and Member of the Board at Telecom Council
23 September
4th Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
Ways of approaching businesses with innovative marketing
Milan Ruzicka, co-Founder and CEO at Thought Horizon
30 September
5th Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
Scouting for potential partners in North America and first-hand account of professional life in Silicon Valley
Gabriel Ionita and Stefan Pfandt, Director and VP respectively for Group Partnering and Business Development at Deutsche Telekom US
7 October
6th Power4Global Investment Session 17:30 CET (08:30 PDT San Francisco / Silicon Valley)
Experiences of working with large corporations from a technology perspective
Alan Messer, CTO of Mojio
Main event
22 October
Day 1 – Reuters Events: Virtual Mobility North America 2020
GMT-7, PDT, CET-9
23 October
Day 2 – Reuters Events: Virtual Mobility North America 2020
GMT-7, PDT, CET-9
Virtual – Solo/Case Study presentation – 15 minutes to entire audience Virtual (Videos)
Virtual – On Demand Start Up Videos + Competition Winner – x 5
Exhibition Booths
