Business Models & Finance
Cities seeking to implement smart energy, mobility and ICT systems need to have the adequate technology and regulations in place, and just as importantly, the resources. However, navigating the European financing landscape and complying with eligibility requirements is often challenging.
To mainstream sustainability, developing and delivering green infrastructure and services needs to make financial sense. With this in mind, IRIS has aimed to put bankable business models for proposed integrated solutions into practice – helping European cities and regions reduce technical and financial risks and attract investors.
Key assets to help document and share this are available, including:
Overview of financing solutions for cities and city suppliers
Capture and understand a number of financial instruments available for enabling of innovation scale-up and replication. Identify important steps that partners need to take before it is meaningful to approach an entity providing Financial Instruments.
The tool section shows the estimated relevance of the various instruments compared to the five IRIS innovation tracks. Furthermore, the deliverable addresses cities’ need for capital to invest in innovative solutions from suppliers and the suppliers need for capital to invest in product and service development and in competence and human resources.
A Sustainable Business Model Dash-board tool
Detailed deliverable providing a dashboard tool where Lighthouse (LHs) and Follower Cities (FCs) – or indeed other interested cities – can position themselves, in view of helping them generating a Sustainable Business Model (SBM) and accelerate replication. This tool is intended to identify structural weaknesses in the replication strategy, and how to go beyond in three structural pillars of a business model.