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GoOpti SIGNED

GoOpti – Profitable, Smart and Professional DRT over Long Distances

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EC-Contrib. €

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Partnership

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 GoOpti project word cloud

Explore the words cloud of the GoOpti project. It provides you a very rough idea of what is the project "GoOpti" about.

fit    fragmented    proving    investors    single    acted    supply    diverse    backed    extremely    cheap    model    seven    remote    positive    drt    syndicate    aggregating    sheet    citizens    novelty    demonstrating    affordable    businesses    ambition    smart    impacts    distance    passengers    political    18    airports    environment    places    peripheral    hard    taming    door    sourcing    profitable    provides    company    regulatory    connectivity    marketplace    demand    international    proven    area    markets    drivers    opportunity    adding    dynamic    europeans    mobility    transport    flexible    ebrd    data    som    goopti    market    digital    300    countries    signed    environments    scalable    disrupted    first    commercial    air    pricing    guaranteeing    business    deregulation    professional    ebitda    predictable    routes    responsive    social    revenue    travel    670    slovenia    innovations    transportation    people    nor    sustainability    huge    niche    global    region    date    initially    local    expansion    led    2019    satisfied    strategy    500    bootstrapped    validating    letters    scalability    travellers    awards    154    transported    transfers    rides    complexity    benefits    distances   

Project "GoOpti" data sheet

The following table provides information about the project.

Coordinator
GOOPTI INTELIGENTNE TRANSPORTNE RESITVE DOO 

Organization address
address: LESKOSKOVA CESTA 9E
city: LJUBLJANA
postcode: 1000
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Slovenia [SI]
 Project website https://www.goopti.com/en/
 Total cost 2˙208˙430 €
 EC max contribution 1˙545˙901 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2016
 Duration (year-month-day) from 2016-07-01   to  2018-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GOOPTI INTELIGENTNE TRANSPORTNE RESITVE DOO SI (LJUBLJANA) coordinator 1˙545˙901.00

Map

 Project objective

The huge expansion of air travel induced by deregulation of the EU commercial air market has brought important benefits, but only to some Europeans. Citizens from over 500 peripheral areas do not have easy access to major airports as it is extremely hard to build viable transportation businesses on these long-distance routes.

GoOpti acted upon this opportunity, bootstrapped the first profitable demand responsive transportation (DRT) over long distances and disrupted the market with two innovations: dynamic pricing (aggregating demand) and guaranteeing rides to professional drivers (aggregating supply). In Slovenia, product/market fit has been proven by over 300,000 satisfied passengers transported to date, international awards, a signed term-sheet from an EBRD-led investors’ syndicate, and letters of support from leading technology and business partners.

GoOpti’s ambition is to build a global long-distance DRT involving the development of a multi-local digital marketplace, to initially target a SOM of 670 M€ in seven most promising EU countries.

This is extremely challenging due to the fragmented and diverse social, political and regulatory environments. Proving scalability will be neither easy nor cheap. So the project objectives are: 1) taming the increased complexity by adding sourcing markets; 2) validating the business model by demonstrating it on a remote region. The result will be a scalable strategy, backed up with a data-driven smart DRT.

GoOpti’s novelty to Europe will have positive impacts on travellers (reliable, affordable, door-to-door, flexible transfers), professional drivers (new predictable and profitable niche market) and the company (international expansion to 154 M€ revenue with a potential EBITDA of 18 M€ in 2019).

In addition, the project provides a major step towards the Single European Transport Area, increases mobility, connectivity of people and places, sustainability of transport and the environment.

 Deliverables

List of deliverables.
Regional hub(s) in the adjacent market established and operational Demonstrators, pilots, prototypes 2019-05-31 10:54:52
Consolidated and implemented IT infrastructure Demonstrators, pilots, prototypes 2019-05-31 10:54:49
Central hub in the remote market established and operational Demonstrators, pilots, prototypes 2019-05-31 10:54:47

Take a look to the deliverables list in detail:  detailed list of GoOpti deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "GOOPTI" project.

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The information about "GOOPTI" are provided by the European Opendata Portal: CORDIS opendata.

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