European Startup Prize
What is the purpose of this competition / call for entries?
The European Startup Prize for mobility supports breakthrough innovations with the potential to shape the mobility landscape in Europe and around the world. Mobility and the transport of people and goods are part of the daily lives of Europeans and are key sectors of the global economy.
These diverse mobility needs are growing as fast as the population continues expanding. In order to meet these needs in the future, innovation in mobility must be both responsible and designed for the benefit of both humans and the planet.
What are the criteria for consideration for this competition?
All mobility startups incorporated in the European Union wishing to start or accelerate their development at the European level can apply on https://www.f6s.com/eustartups/apply until January 21st, 2019.
There are six key selection criteria for the EU Startup Prize:
#1 Team: How strong does the managing team look?
#2 Market: How does the traction look for this startup?
#3 Impact: How ecologically and socially impactful could be this product/service?
#4 Innovation: How innovative/game-changing is this product/service?
#5 Execution: How would you assess the execution speed of the company since its incorporation?
#6 Europe: How much will this startup benefit from this European program?
The list of criteria is not comprehensive but the above details are provided to give Applicant a better idea on the selection process.
What is the prize package?
Each of the 10 winners of the EU Prize will be awarded:
A tour of European cities during major events in the mobility sector (destinations can be changed):
European New Mobilities Summit (11 April 2019)
Vivatech in Paris (16 and 17 May 2019)
ITS European Congress in Brainport (3 and 4 June 2019)
New Mobility World Congress in Frankfurt (12 and 13 September 2019)
Smart City Congress in Barcelona (19 and 20 November 2019)
For each of these events, the 10 winners will be offered two entries, a stand, a pitching opportunity, a workshop with mobility experts. In addition, the EU Prize staff will help them to organize meetings with relevant leaders in their field (politicians, VCs or companies).
The 10 winners will be reimbursed 200 euros per person (maximum) for two people per companies (maximum) for the fees and expenses incurred.
A ranking by Carbone 4 allowing them to assess the carbon impact of their company, which is a valuable metric in order to find investors or clients. In addition to the above, the 4 gold awards winners of the EU Prize will be awarded:
Two months of dedicated coaching coordinated by BCG composed of:
a detailed outside-in analysis,
access to large potential clients and partners,
business advices by Via ID,
legal mentoring by Parallel Avocats (France) or Grimaldi Studio Legale (Europe), which will be integrated in BCG’s process (ie. participation to the identification and explanation of the legal framework and issues).