Cooperation with Estonia´s innovation organization

EIS and ILUS Collaborate to Develop a Licensable Business Model

ILUS and Estonia’s innovation organization (EIS) are joining forces to develop a long-term intellectual property defense strategy, creating a licensable business model.

This initiative will significantly enhance the sustainability and profitability of bike-sharing programs across Europe. The partnership aims to deliver e-bikes to clients through a model that offers greater control over their fleets, leading to improved operational efficiency and a better user experience.

By creating a licensable business model, we must maintain control over our intellectual property. This funding allows us to offer bike-sharing operators a unique opportunity: the flexibility to operate more autonomously and sustainably. With a modular design and enhanced management options, operators will have the tools they need to maintain, monitor, and adapt their bike fleets to ensure reliable service while minimizing costs.

"Cooperation will accelerate our development, while allowing us to maintain full control over our intellectual property"


Rico Jaanipere, Founder

Licencing Business Model Allows to Keep Up with the Growing Demand

However, 2023 has marked a turning point, as bikes are reclaiming their place in the micromobility sector. According to Fluctuo, year 2023 has seen significant growth in bike-sharing programs, with a 22% increase in fleet size and a 20% rise in ridership. This surge in popularity comes at a time when European cities are increasingly embracing bikes as a key solution for first and last mile connectivity to public transport services. The European Union’s strategy to support bike-sharing schemes as part of its broader urban mobility plan is providing much-needed momentum.

ILUS and EIS collaborations will result flexible business model for operators in the time where more cities shift towards bike-sharing, there is a growing need for standardized and flexible solutions that can meet the demands of different urban environments. Operators and cities will benefit from systems that allow easy scalability, better fleet management, and improved user experiences. This is where modular and licensable e-bikes come into play.

Estonian Business and Innovation Agency is a public sector organization with the goals of increasing Estonia’s international competitiveness, developing entrepreneurship, and improving the living environment.

ILUS
Tallinn, 2024

This Project is co-finaced by the European Union

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