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Apply for the European Startup Prize for Mobility to kick-start your sustainable mobility idea

9 January 2019

Created to support startup companies who are developing sustainable mobility innovations, the European Startup Prize For Mobility is a leading public-private initiative first launched by Karima Delli, Chairwoman of the European Parliament’s Transport and Tourism Committee, co-founded by Boston Consulting Group and Via ID, and supported by both the European Parliament and the European Commission.

The prize is open to startup companies who are looking to scale up their sustainable mobility innovations in Europe.

As part of the prize, the top 10 selected entries will win an all-expenses paid tour of five European tech capitals to meet potential customers, investors, business accelerators and local partners throughout 2019.

In addition to this tour, four Gold Award winners will also be selected to receive specific entrepreneurial, business and legal mentoring from Boston Consulting Group and other legal and corporate partners to help grow their operations in Europe and beyond.

For more information and to submit an application before the call closes on 21 January, click here.

Luxembourg to make all public transport free in world-first

8 January 2019

Shortly before the New Year, the Government of Luxembourg announced their plans to abolish all fares on public transport, making them the first country in the world to introduce such a policy.

Currently, commuters only pay €2 for up to two hours of travel, which covers almost any journey across the country.

An all-day second-class ticket on every mode of public transport costs €4. Young people travel for free, and many commuters qualify for an annual “mPass” which costs €150 for all public transport.

The plan to abolish all fares on public transport is expected to come into force in summer of this year, with part of the cost being covered by removing a tax break for commuters.

The move will save on costs associated with the collection and processing of fares, and it is also hoped it will encourage a shift away from private cars and ease traffic congestion, which is especially high in the capital, Luxembourg City.

For more information, read here.