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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.

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

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.

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

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