Through its Investment Readiness Programme (IRP), EIT Urban Mobility has enhanced the fundraising capabilities and facilitated extensive networking opportunities for 102 startups since its inception in 2021. A total of 28 EU and associated countries are represented in the total with more than a third (35%) being women founded and/or led. The programme provides access to a wide network of investors including business angels, venture capital, corporate and institutional investors and European funding organisations.
The programme works by providing resources, training and coaching over the course of six months. This is in addition to gaining access to an extensive and knowledgeable ecosystem of like-minded people: entrepreneurs, mentors, corporates, and investors – in turn fostering partnerships and creating valuable market opportunities.
Raül Feliu, Impact Ventures Startup Programmes Manager: “The Investment Readiness Programme is a critical initiative to empower urban mobility entrepreneurs with the tools and networks necessary for fundraising success. Focused on impact-driven founders with sustainability at their core, the programme provides tailored support to seed startups de-risk their investment strategies. This initiative aligns with EIT’s mandate to ensure access to finance for startups in capital-scarce regions, integrating them into the broader EU ecosystem, aiming to stimulate regional economic growth, drive innovation, and promote inclusive development across Europe. EIT Urban Mobility’s Investment Readiness Programme has supported over 100 startups, collectively securing more than 40M€ in capital. This initiative continues to bridge the gap between visionary startups and forward-thinking investors, driving the future of urban mobility.”
Within the supported startups, there is a wide scope of the kind of companies who apply, many specialising in sub-categories. The categories, which are pre-defined, are: Future Mobility, Energy, Logistics & Delivery, Smart Cities, Mobility Services.
Applications for the IRP open early 2025. To keep up with the latest information regarding the IRP, click here.
