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Posted on 07 February 2018
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Launched by Karima Delli and the European Parliament, and co-founded by Via ID and the Boston Consulting Group, the European Startup Prize for Mobility aims at revealing the best European mobility start-ups ready to scale up over Europe. Via ID, start-ups accelerator in new mobility, decrypted the singularity of the applicant start-ups.
With applicant start-ups in all Europe and 7 countries strongly represented (France, Germany, Italy, Spain, UK, Finland and Netherlands), the European mobility playground is a reality. Most of the Top50 start-ups operate in more than 4 countries.
While European start-ups in all countries are mainly focused on urban mobility (“City” is one of the most used words in the Top50 start-ups pitch) and wish to improve people’s mobility (vs mobility for goods), they address mobility issues differently depending on their culture. While Spanish and French start-ups are service-oriented (29% and 25%), Finnish and German ones foster their software skills for mobility (24% and 22%). One-third of the top 50 mobility start-ups adopt a platform approach.
The 50 best mobility start-ups have 3 main drivers: being a mobility game changer and having a social and environmental impact. “Green Mobility”, “new energies” and “collaborative” are one the most popular topic addressed by them. They also want to make mobility easier and seamless for people, offering “MaaS” (Mobility as a Service) solutions, “Multimodality” solutions and “connected” ones.
More advanced start-ups are in Germany and France, reaching a critical mass team to grow (more than 10 employees). It is with 4 years after launch and a team of 21 people on average that start-ups are best equipped to accelerate.
Depending on the country, start-ups require more or less time to grow and accelerate. German startups are the fastest growing start-ups (2.6 years and 11.8 employees on average) reflecting the “Rocket Internet practices” that generate significant resources in a short time at the service of identified business model, while there is for example a different approach for English startups with less people-intensive business models (3.1 years and 6.2 employees on average).
The ecosystem also plays an important role in the dynamics of startups. More than 1/2 startups has been accompanied by an incubator in Spain and France, and more than 2/3 startups in Germany.
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The European Parliament, the Boston Consulting Group and Via ID join forces to support startups that are inventing the mobility of tomorrow with The European […]