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News > Press Release > Bicycle Association secures European Innovation Funding to boost its Market Data Service

Bicycle Association secures European Innovation Funding to boost its Market Data Service

18 Feb 2025
Written by Tom Payton
Press Release

In a first for the UK's cycle industry body, the Bicycle Association has secured a significant injection of European Commission Horizon Europe grant funding, through EIT Urban Mobility’s Targeted Open Call 2025.

The public innovation funding, secured in partnership with Edinburgh Napier University Business School and the German Cycle Industry Association ZIV, will support the development of the BA’s market data service into Germany, and the development of new software tools that will benefit all BA members and subscribers.

The €400k grant is from EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT) a body of the European Union under Pillar III of the EU’s research and innovation programme Horizon Europe. This project forms part of its programme to promote a competitive and sustainable European Cycling Industry, which in the context of Horizon funding, also includes the UK. 

Building on what is recognised globally to be a world-leading Market Data Service – pioneered in the UK and first launched in 2020 – the 12 month project will help the BA and ZIV extend market data services into Germany, and explore how the platform can be adapted to meet new and different user-needs. With an eye on the medium term, the development of the MDS platform will also seek to benefit cycle industry businesses and brands that operate in more than one territory, which, ultimately, will enable region-by-region comparisons and multi-market analysis.

MDS will continue to run on a not-for-profit basis, owned by the cycle industry, for and on behalf of the cycle industry.  In the UK the Bicycle Association will establish a wholly owned non-profit subsidiary to manage the project and as a vehicle for continued development.  As part of this, it has also bolstered its governance, appointing digital product and technology specialist Daniel Gillborn to its Board with special responsibility for technical governance.

This milestone project win, which was led by the BA’s Scott Cain, who leads the BA’s innovation programmes, is part of the BA's ongoing efforts to diversify its funding base. This is in order to support the industry to innovate and grow, and to offer members further value, particularly relevant in current challenging market conditions.

Marking the significance of this project win, BA Exec Director, Steve Garidis, commented: “Whilst we work to support BA members with their own innovation projects and ambitions – often linked to our technical and policy work – we are increasingly exploring ways to attract more public innovation funding into the UK cycle industry as a whole.

“As we set out in our cycle industry Manifesto last year, why shouldn’t a strategic industry like cycling benefit from public innovation funding – as the car industry has – at this critical point when the government has a headline focus on boosting growth?”

“This exciting project brings with it new resources and partnerships and represents a significant boost for the BA, its members, and the wider cycle industry, helping us in our mission to bring low-cost, high quality data and insights which will support and grow the sector This is particularly welcome at a time we all recognise to be a challenging period for the UK economy, and the cycle industry globally,” adds Garidis.

“We are delighted to be able to work with our British colleagues in these difficult times.  Bicycles are wonderful vehicles that are used in everyday life and for leisure. We know a lot about their production and the production of parts and components in Germany and Europe - but we don't know enough about retail sales figures, benchmarks and customer experience there.” says Burkhard Stork, CEO of ZIV - German Bicycle Industry.

The BA has previously secured UK public innovation funding from the UK’s innovation agency, Innovate UK – supporting work with BA members and applied universities like WMG in relation to e-bikes and battery technologies. European innovation funding is a first for the BA, with the UK only rejoining the Horizon Europe programme in January 2024.

Other focus areas in the BA’s public innovation funding strategy include AI and data, e-bikes and battery technologies, smart and connected technologies to improve safety and security, advanced manufacturing, agile and responsive regulations, and re-use and recycling.

Public innovation funding is one of the themes that will be explored at the BA Member Conference in Birmingham in March. Any member keen to explore public innovation funding should contact scott@bicycleassociation.org.uk.

Cycling brands and retailers keen to pre-register interest in the German Market Data Service should contact the BA’s Data & Insights Director, Simon Irons, at simon@bicycleassociation.org.uk or Katharina Hinse at hinse@ziv-zweirad.de

What is the Market Data Service (MDS)?

MDS is the UK cycling industry’s business intelligence product. It polls sales completely anonymously monthly from around 70% of the UK cycling market, from the largest chains to the smallest specialist stores, including both bricks-and-mortar and online. Its software is based on cloud-based AWS Quicksight and Snowflake platforms. Functionalities include:

  • Intuitive dashboard (standard and configurable) enabling both detailed market trend analysis back to 2018 and business-specific opportunities identification based on real consumer demand
  • Highly granular and flexible drill-down capability, e.g. by product category, price band, by region, by selling channel and by brand
  • 75 million rows of data across 1.4m SKUs (UK)
  • More than 1m products

MDS gathers, cleans, organises and analyses cycle industry inventory and sales data. This will allow new insights in buying trends, helping targeted buying and reducing, for example, of over or early ordering, and better working capital management.

For more information visit: https://bicycleassociation.org.uk/pages/market-data

About EIT Urban Mobility

EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, aims to accelerate solutions and the transition towards a user-centric, integrated and truly multimodal transport system. As the leading European innovation community for urban mobility, EIT Urban Mobility works to avoid fragmentation by facilitating collaboration between cities, industry, academia, research and innovation to solve the most pressing mobility challenges of cities. Using cities as living labs, its industry, research and university partners will demonstrate how new technologies can work to solve real problems in real cities by transporting people, goods and waste in smarter ways.

For more information visit www.eiturbanmobility.eu.

Press Contact Details - Adele George ‐ media@eiturbanmobility.eu

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