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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.

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

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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