IBS > Projects > Smart cities and sustainable development > Smart Cities Marketplace

Duration:10.2022–10.2026

Funder:Euroopa Komisjon, European Comission

Smart Cities Marketplace

The Smart Cities Marketplace is an initiative supported by the European Commission bringing together cities, industry, SMEs, investors, banks, research and other climate-neutral and Smart City actors. The Smart Cities Marketplace plays an important role in speeding up the green transition of cities in Europe by improving citizens’ quality of life, increasing the competitiveness of European cities and industry as well as reaching European energy and climate targets.

It complements current EU efforts such as RePowerEU with a complete catalogue of offers such as calls for free technical assistance, 1-to-1-consultancy services for city-led consortia close to the financing stage, financing masterclasses and a fine-tuned matchmaking for the financing of urban projects and intensified partnerships with other EU initiatives, such as the Covenant of Mayors, Scalable Cities, CIVITAS, Living-in.eu.

Cities participating in the Smart Cities Marketplace activities can benefit from 1-to-1 consultancy services and technical assistance to develop their project ideas. The Smart Cities Marketplace provides regular matchmaking services to help cities and city consortia with their project proposals to achieve climate neutrality. On a regular basis calls for applications are published. These aim to help with identifying projects, or further shaping project ideas to become bankable through tailor-made technical assistance. Matchmaking services also aim to help investors to find smart city proposals. Projects with a high maturity level can be further supported through the deal meetings with the platform’s Investor Network: the members of the Smart Cities Marketplace Investor Network facilitate and/or provide financing to climate-neutral and Smart City projects supporting the transition towards a low carbon, resource-efficient and competitive economy.

Cities can also join Focus or Discussion Groups where participants can exchange experience, cooperate, support and discuss a specific topic. The marketplace provides access to a large community of climate-neutral and Smart City professionals that paves the way for new climate-neutral and Smart City projects.

The Institute of Baltic Studies is involved in the support structure of the Smart Cities Marketplace, especially contributing into tasks related to matchmaking and 1-on-1 consultancy services as well as the thematic discussion and focus groups. IBS is also the local contact point of the Smart Cities Marketplace in Estonia.

More info:
Smart Cities Marketplace homepage
Smart Cities Marketplace on LinedIn

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