Business Models, Finance and Procurement


Existing business models, finance & funding instruments and procurement schemes do not always fit today’s challenges within our cities. There is a strong need for knowledge sharing, innovation and expertise on business models, finance & funding and procurement. The Business Model Action Cluster is a platform where stakeholders work together to establish a dialogue, identify and remove the obstacles for the development of a smart cities market. The action cluster wants to be a focal point for the gathering and sharing of information on business models, financing opportunities and procurement methods. 

The AC may address for example: 

  • Funding and Financing opportunities  
  • Spreading of lessons learned from successful business models 
  • Communication of procurement practices and best/worst cases 
  • Increase the collaboration among European smart cities and communities 
  • Organisation of events, webinars and development of interactive tools. 

Tools developed by this cluster: 


Get in contact with the Business Model, Finance and Procurement at

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