Baloise Launches a Mobility Accelerator for Early-Stage Startupsby Fintechnews Switzerland May 28, 2021
Baloise, a Swiss insurance holding company, has launched its own mobility accelerator with the aim of promoting innovative ideas by early-stage startups under the tagline Mobility@Baloise.
The initiative goes hand in hand with the launch of its information platform, which is designed to act as a new gateway to the Mobility@Baloise ecosystem for interested startups and young entrepreneurs.
As part of its Simply Safe strategic phase, Baloise has been making huge efforts since 2017 to boost its innovative strength, especially in the Home and Mobility ecosystems.
To this end, it uses a highly structured innovation process that provides routes to five possible cooperation models; incubation, acquisition, investment, cooperation and partnership.
Together with the strategic innovation consultancy Spark Works and its spin-off Sparkademy, Baloise is now issuing a call for participation in a 10-week Baloise Mobility Accelerator programme.
At the end of the programme, Baloise will evaluate the selected mobility ideas together with the relevant start-up teams and accordingly provide funding to further develop the minimal viable products (MVPs) they created.
Sparkademy offers a structured learning programme based on innovation principles that guide start-ups through problem-solving processes in a structured manner.
Startups that would like to participate in the programme have until the end of June to apply for the mobility accelerator.
“Programmes like this one are geared towards concrete, tangible results and have the added benefit of fostering a culture of innovation.
Our aim with this call for participation in Mobility@Baloise is to attract start-ups from the European mobility start-up scene – especially those in the pre-seed or seed phase – to our Baloise ecosystem.”
said Patrick Wirth, Head of the Mobility ecosystem at Baloise.
Featured image credit: edited from Unsplash