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Successful conclusion of the Baloise Mobility Accelerator
Media releases Successful conclusion of the Baloise Mobility Accelerator
Basel, November 23, 2021. In June 2021, Baloise launched its Mobility Accelerator under the moniker Mobility@Baloise, supporting start-ups with innovative ideas in the mobility sector. Ten weeks later, the programme has now concluded in a final presentation session, during which the companies AYES and RIBE were awarded for the best pitch.

Within the scope of its strategic initiative Simply Safe, Baloise is making investments in its mobility ecosystem in order to offer its customers comprehensive products and services for various aspects of their lives. The Baloise Mobility Accelerator is an online programme aimed at supporting entrepreneurs who have recently founded a start-up by connecting them with experts and mentors. At the same time, the Baloise team seeks to become involved in new business ideas early on and bring talented founders on board. The Baloise programme combines practical, customer-focused approaches with personal feedback and includes access to Baloise’s network of experts in the mobility and financial-services industry.

Ten weeks, ten start-ups: together with the strategic innovation consultant Spark Works and its spin-off, Sparkademy, Baloise launched the Mobility Accelerator in June 2021. The purpose of the programme was to support start-ups with innovative ideas in the early days after their foundation and help them expanding their business models. The learning programme consisted of more than 80 individual sessions delivered by experienced coaches, combined with four online study modules on innovation tools and methods. Joining the Accelerator programme gave the young companies an opportunity to focus on challenges and establish a network of mobility experts.

“It was very important to us that the start-ups felt at home from day one. We wanted them to always feel encouraged, supported and heard. Throughout the ten weeks of the programme, we continuously collected feedback from the participating founders and adapted our contents to ensure that they met the teams’ needs. We have also leveraged our internal expertise and our extended network to create new connections between the start-ups and our core business,” Alice Repetti, Mobility Venture Developer and Project Lead at Baloise, explained.

At the end of the programme, the participating start-ups presented their business solutions, progress, insights and potential collaborations with Baloise to a wide audience, which then chose the winners of the Accelerator. Two start-ups, AYES and RIBE, jointly took first place and won a cash prize for the best pitch. Carmino and “Leih mir dein Auto” both came second. The Accelerator also achieved another goal: Baloise and some of the start-ups are currently exploring the potential for further collaboration and investment.

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About AYES

AYES is an AI start-up based in Antwerp. Its mobile application helps blind and visually impaired people get from A to B safely. The application works with computer vision algorithms, which scan its surroundings and help the user avoid obstacles and cross roads in safe conditions. Combined with a GPS function, they calculate a safe route to the destination and provide acoustic feedback that guides the user on their way.

About RIBE

RIBE was founded in July 2020. Its founders had the goal of transforming the motorcycle industry with a subscription and sharing model. Their intuitive digital platform helps bikers connect with like-minded individuals, easily provide services to their customers and partners, facilitate scalability and offer new alternatives in the motorcycle industry.

Further information More on the mobility ecosystem
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About Baloise The focus is firmly on the future at Baloise as part of its «Simply Safe» strategy. We aim to make tomorrow more straightforward, safer and more carefree for our customers, and we are taking responsibility for this today. Baloise is more than just a traditional insurance company. Through our smart finance and insurance solutions, complemented by a whole host of innovative offerings for the home and mobility, we offer a complete service package. Dependable support, reliable cooperation and trust-based relationships are key aspects of our stakeholder interaction. We take care of financial matters so that our customers can concentrate on the important things in their lives and can find inspiration in the everyday. Baloise, a European company founded in 1863, currently employs 8,000 people at its headquarters in Basel (Switzerland) and across its subsidiaries in Belgium, Germany and Luxembourg. Our services generated a business volume of around CHF 9,600 million in 2021 and a profit of CHF 588.4 million. Bâloise Holding Ltd shares (BALN) are listed on the SIX Swiss Exchange.
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