By the Sente.Link Team, @Sente_Link
What do Paris, Las Vegas and Detroit have in common? The future of mobility.
Now imagine being an international startup in the sector of new mobility innovations and choosing a US market-entry accelerator program that does not include Silicon Valley. Would you role the dice? Below we map out Paris, Las Vegas and Detroit's impact on the new mobility world and why we (sente.link & New Mobility Lab) waged our bets to focus our up-and-coming accelerator program around these 3 cities.
To get a full breakdown of the program, click here.
Paris (Week 6) - Autonomy
To kick off the New Mobility Program, a selected cohort of global startups will attend the first ever international summit on urban mobility, Autonomy. Founder, Ross Douglas, says he moved his family to Paris to start Autonomy because "Mayor Anne Hidalgo’s strong political will to transform mobility, and Paris is the world’s transport capital, with more transport-related companies than any other city."
Fact: Paris is the most visited country in the world and more than 48,000 people die from air pollution a year in France. This raises a huge red flag not just in Paris, but all growing metropolises. Paris’ first female Mayor, Anne Hidalgo, has already pledged to take more cars off the road and put more feet on the ground. And the French government, counting President Macron, sees a shift in sustainability as both holistically and economically beneficial to all. (Can someone please tweet this out to President Trump).
Paris is the old yet secret door that shows young startups in this hot sector that new mobility is sustainable mobility. And according to Douglas, ‘Sustainable mobility’ must rank as the biggest revenue opportunity within sustainable cities.”
Las Vegas (Week 7) - CES
And nothing says ‘sustainable mobility’ like…Sin City? That’s right – after Paris, a a selected group will be chosen to participate in the US phase of the program to attend the Consumer Electronics Show (CES) in Las Vegas, January 9-12.
CES is the largest global gathering of innovation around the connected future of technology with over 170K attendees. It will host industry leaders and networking giants like Cisco. Recently, Cisco partnered up with the city of Las Vegas to create smart city solutions. By using smart city technologies or "sensor tech," Cisco will improve the city's environment, traffic, water, crown control, transit, lighting, waste management, security and parking. Learn more about the plan here.
Cisco SVP of IoT and Applications Rowan Trollope also announced that the IT and networking giant will be pumping in funding for startups to run out of Vegas.
As you might have already heard, Zappos CEO, Tony Hsieh, also invested funds ($350 million to be exact) into reinventing downtown Las Vegas, putting the deserted town on the map as more than a destination for the obvious (alien hunting). With the help of Hsieh, Vegas now stands out as one of two US cities that rose from the ashes because of the help of one private stakeholder. (The other US city - Detroit).
Last, but not least - did you know the state of Nevada is a pioneer specifically in the field of autonomous technologies? In 2015, Gov. Brian Sandoval allowed the first operated self-driving trucks to navigate a public road in the US. While a driver still needs to be behind the wheel, the state of Nevada proves autonomy on the road can (and will) be done.
Detroit (Week 8) - AutoMobili-D
No surprise that Detroit's secret sauce (other than Coney Island chili) is auto-mobility.
After Vegas, the cohort will head to Detroit, where they will attend AutoMobili-D, the North American International Auto Show's (NAIAS). During the four day event, tech startups disrupting the transportation industry from around the world will cover 5 key mobility areas: autonomous driving, connected car technologies, e-mobility, mobility services and urban mobility.
(Sounds familiar...VCs Take Note: Here Are The 5 Core Themes in New Mobility).
Plain and simple, Detroit knows cars. So it’s no wonder GM has already built the most self-driving cars than any other automaker in the industry. And they’re just revving up. the real work is taking place in and around Detroit, with special testing facilities like MCity (Ann Arbor), OU INC (Oakland Country), AND Tech Town (Downtown Detroit).
“I heard there was a skyscraper sale going on in downtown Detroit. So I bought nine.”
Famous words from Quicken Loans Founder, Daniel (Dan) Gilberts, Detroit’s leading investor with a net worth of six billion. Thanks to donors like Gilberts, the city is back on the map, making Detroit America's newest tech hub and the last stop in our New Mobility tour before heading to sente.link's HQ in Chicago to wrap up the 12 week program.
Interested in learning more about the New Mobility Program? Click here or send us an email at email@example.com.