EIT Urban Mobility has launched the Crisis Funding Instrument 2020, a new support tool dedicated to highly innovative start-ups and scale-ups affected by the crisis caused by Covid-19.
EIT Urban Mobility will grant EUR 50,000 for start-ups and EUR 100,000 for scale-ups active in the urban mobility sector and will ask in return for 5% equity on the company’s post-money valuation.
The deadline to apply is set for 19 June 2020 at 18:00 CET.
Link to the announcement
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