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GoOpti SIGNED

GoOpti – Profitable, Smart and Professional DRT over Long Distances

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 Outcomes and results

 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.

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

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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Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

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