550 European sustainable mobility startups have applied for the 2020 edition of the EUSP. The applications closed on April 30, 2020 at midnight. The EUSP is the biggest EU-funded Prize rewarding mobility startups and a 6-month Acceleration Program for its 10 winning startups each year.
The Challenge of the 2020 edition was shaken up by the Covid-19 epidemic, the entry into confinement and the economic pressure which is increasing day by day on the world of innovation. To better meet the expectations of startups in this period of socio-economic crisis and transformation of (de-)mobility habits, the EUSP -with the help of its confounders ViaID and BCG- has increased its programme by an important financial component, the “Day After Programme”. It aims to provide new investment opportunities to the the start-ups that build the European mobility of tomorrow.
For Karima Delli, Chairwoman of the Transport and Tourism Committee in the European Parliament and President of the EUSP:
“It is a success but it is above all a distress signal that should alarm us all. These 550 startups expect Europe to make a strong financial gesture to help them adapt to the crisis. This is why we have set up bridges between the EUSP and the European Investment Bank this year, as well as with European funding programmes (EIT Urban Mobility and EIT InnoEnergy) and private investors. We will never stop finding solutions for these startups who have placed their trust in us. “