Shared ebike scheme provides jobs for unemployed residents
Starting from Bristol, it plans to expand nationally
Story byCities Today
Cities Today is the leading news platform on urban mobility and innovation, reaching an international audience of city leaders.Cities Today is the leading news platform on urban mobility and innovation, reaching an international audience of city leaders.
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Funding
The bikes can be hired via the Big Issue eBike App with a monthly subscription or on a pay-as-you-go basis.
The scheme was launched with a £450,000 (US$612,182) investment from City Funds, a Bristol-based impact investment fund run by Bristol & Bath Regional Capital (BBRC).
“It will be innovations like Big Issue eBikes that will be key to ensuring a just transition, here in Bristol and UK-wide,” said Jari Moate, Investment Manager, Bristol & Bath Regional Capital.
“Not only are there clear environmental benefits to this micromobility solution, Big Issue and ShareBike have ensured local social and financial value too. It’s the vital triple-bottom-line approach that’s necessary if we’re going to create a sustainable and inclusive future, and we’re very pleased to be helping bring this scheme to Bristol first.”
Aberdeen is the next planned city for The Big Issue eBikes.
