The EIT Urban Mobility Investment Readiness Programme (IRP) is an acceleration programme designed for European companies in the field of urban mobility currently fundraising or planning to fundraise throughout 2024 or 2025.
With access to a wide network of business angels, venture capital, corporate, institutional investors and European funding organizations, the programme aims to:
- Enhance the fundraising capabilities of these companies by providing them with resources, training, and coaching over a period of six months.
- Facilitates networking opportunities with other entrepreneurs, mentors, corporates, and investors, fostering partnerships and creating new market opportunities.
Call Main Features
Info sessions and contact details
| Call for Applications Main Features | |
| Key dates of the call calendar | • Call opening: 19 April 2024 • Opening of EIT UM submission platform: first week of May 2024 • Call closure: 20 June 2024 at 17:00 CET • Eligibility and admissibility check: June 2024 • Evaluation of proposals: July 2024 • Communication of results: July/August 2024 |
| Total EIT Funding allocated to this call | The total EIT funding allocated to this call is €688,000.00. |
| Link to the submission portal | The EIT UM submission platform will be available starting from the first week of May and will be remain open until the 19th of June at 17:00 CET |
| List of documents to be submitted | Application form available on the EIT UM submission platform Proofs, such as contracts, service agreements and similar documentation of having successfully supported companies that have secured EU funding instruments |
| List of documents to take into consideration | • Call Manual • EIT Urban Mobility Strategic Agenda 2021-2027 • Guidelines for Applicants • Eligibility of expenditure • Appeal procedure • Project Implementation Handbook • Financial Support Agreement (FSA) template • Horizon Europe Grant Agreement |
| Short summary of the topics to be addressed | The Investment Readiness Programme (IRP) is designed to prepare entrepreneurs to receive funding from early-stage investors and other sources of capital. It targets ambitious entrepreneurs as they contribute to solving pressing social and environmental challenges across Europe. |
| Evaluation criteria | For the strategic fit evaluation: • contribution to EIT Urban Mobility Strategic Objectives, • alignment with the specific call requirements, • financial sustainability and contribution to EIT Urban Mobility’s vision. For the full proposal evaluation: • excellence: novelty and innovation, • quality and efficiency of the implementation, including sound financial management, • impact: social, economic, financial and general sustainability. For the final Selection Committee evaluation: • business intelligence, • EU dimension, • portfolio fit. |
Recorded webinars and contact details will be available to guarantee the maximum support to the applicants during the proposal’s preparation process.
To help applicants with the preparation and submission of their proposals, EIT Urban Mobility will host one live Call Info Day. It will be focused on the call content, the challenges as well as on the submission and evaluation procedures and the financial aspects. Please find the calendar and the link to register in the table below:
| Type of event | Topic covered | Date and time (CET) | Recording |
| Webinar | Call Info Day: Call calendar, evaluation, scope, and challenges of the call, KPIs, EU registration numbers (PIC number), evaluation process, contribution to EIT Urban Mobility financial sustainability, end client role, tips to applicants | 13.00h – 14.00h 29 May 2024 | Recording of the webinar Presentation used during webinar |
In parallel to the call information sessions, all applicants may contact EIT Urban Mobility to resolve any concerns or doubts on the general/technical procedures and call content. These are the key contact details of the EIT Urban Mobility team for questions related to this call:
| Type of contact | |
| Legal, Financial, Administrative and general procedures | pmo@eiturbanmobility.eu |
| Impact Ventures area | investments@eiturbanmobility.eu |
