HiReach project has launched its new Startup Lab acceleration programme that will connect 20-25 talented startups with key players in the mobility sector and which will create a pioneering ecosystem of innovation for inclusive mobility.
The project welcomes EU-based startups with a product or prototype, with established founding teams or wishing to become engaged in product teams or wishing to become engaged in product field-testing.
The selection will be made of top 20-25 startups that will be involved in a one-week bootcamp, where they will learn about business model innovation, startup methodologies and tools, get additional product validation, define the value proposition and prepare a business case which will be pitched to project representatives. The bootcamp is a competitive arena where only the brilliant and creative ideas will survive to the second stage.
Furthermore, the best 5-10 startups, selected from Phase 1, will be invited to a highly intensive 3-month follow-up acceleration programme to detail the technical solutions and business model that will make their transport poverty solution viable. During this period, entrepreneurs will be offered the chance to use an open toolbox developed by HiReach and gain a competitive advantage for accelerating novel mobility products.
The best 5 startups, selected from Phase 2, will meet and network with decision-makers, consultants, customers, investors and industry operators to test-bed their ideas under real-life conditions, providing unprecedented international recognition and a fast-track to entering a huge untapped market.
The Impact Hub Vienna is the accelerator and will have the opportunity to impact the future of transportation, managing both a one-week bootcamp and 3 months acceleration programme.