Project Summary, Objectives and Expected Impacts
ENTRANCE offers a common and legitimate European matchmaking platform and complementary off-line services designed to mobilise financial resources to accelerate the market access and scale up of “first of a kind” sustainable transport solutions, thereby reducing the European CO2 emissions and pollutants caused by the transport and mobility sector. The overall concept focus of the ENTRANCE project lies in the “supply-demand-finance” triangle that is envisaged for all transport and mobility modes and all relevant stakeholders. Through the ENTRANCE Matchmaking accelerator funnel workflow, first-of-a-kind zero, or near-to-zero, emission transport solutions will be identified, attracted and matched with potential buyers and financing opportunities and knowledge on good practices on the deployment of innovative solutions,
European and national tenders, and legislation will be exchanged through the online platform. Training and brokerage activities will be executed to increase the maturity of the ENTRANCE community and bridge the gap between innovative solutions and the market. In addition, to de-risk the uptake of innovative solutions, ENTRANCE will facilitate purchase aggregation through matchmaking activities and by setting up a neutral trustee for the orchestration of purchase aggregations. Access to finance will be supported through an online funding programme database and individual and personalised innovation finance advice and support will be offered. The funding advice will combine public funding, private investment opportunities, and the best mix of alternative finance models for solution providers.
Finally, ENTRANCE will facilitate cross fertilisation and clustering activities with European transport and mobility associations and initiatives to support critical mass and achieve a coordinated European effort to boost the uptake and upscaling of innovative transport and mobility solutions.