CourseCivil, Rail & Smart Cities Applications open

Business Models in Smart Cities Course

Online course of 300 hours in smart city business models: 6 modules covering smart city economics, business model design, urban revenue models, selling to public administration and viability and scaling, with an assigned technical tutor.

Duration3 months
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
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Learning outcomes

What you will be able to do

01

Analyse the economics and value chain of the smart city market.

02

Design business models with the canvas and the value proposition.

03

Compare revenue models applicable to urban services.

04

Plan sales strategies through public procurement of innovation.

05

Assess financial viability and scaling metrics.

06

Manage regulatory and data ownership risks.

07

Build a complete business model for a smart city solution.

Profile

Who it's for

  • Urban technology entrepreneurs.
  • Business development managers.
  • Smart city strategy consultants.
  • Product managers for the public sector.
  • Urban technology investment analysts.
  • Municipal innovation officers.
  • Engineering or science graduates looking to move into urban technology.
Standards & tools

What you'll work with

  • Ley 9/2017 (LCSP) (Spanish Public Sector Contracts Law)
  • Directive 2014/24/EU (public procurement)
  • Directive 2014/23/EU (award of concession contracts)
  • Regulation (EU) 2023/2854 (Data Act) (fair access to and use of data)
  • Directive (EU) 2019/1024 (open data and re-use of public sector information)
  • ISO 56002 (innovation management system guidance)
  • ISO 37106 (guidance on smart city operating models)
  • Ley 28/2022 (startups) (Spanish law promoting the startup ecosystem)
  • Strategyzer
  • Microsoft Excel
  • Miro
  • Crunchbase
  • Spanish Public Sector Procurement Platform
Syllabus

6 modules

  1. 1.1The smart city market value chain
  2. 1.2Market size and segments
  3. 1.3Players: manufacturers, integrators, operators, startups
  4. 1.4Public goods and externalities
  5. 1.5Market failures in urban services
  6. 1.6Platform economics and network effects
  7. 1.7Public value versus private value
  8. 1.8Barriers to entry and technology lock-in
  9. 1.9Investment trends in urban technology
  10. 1.10Case study: value chain of regulated parking
  1. 2.1The business model canvas
  2. 2.2Value proposition for public administrations and citizens
  3. 2.3B2G, B2B and B2C customer segments
  4. 2.4Channels and customer relationships
  5. 2.5Cost structure
  6. 2.6Revenue streams
  7. 2.7The value proposition canvas
  8. 2.8Validating hypotheses with customers
  9. 2.9Impact business models
  10. 2.10Workshop: business model canvas for an urban service
  1. 3.1Software as a service for city councils
  2. 3.2Pay-per-use and subscription
  3. 3.3Payment by results and shared savings
  4. 3.4Data monetisation and its limits
  5. 3.5Advertising and sponsorship on street furniture
  6. 3.6Multi-sided mobility platforms
  7. 3.7Concession and fee models
  8. 3.8Open-source licences and services
  9. 3.9Pricing in the public sector
  10. 3.10Practical exercise: comparing revenue models in urban sharing
  1. 4.1The public procurement cycle
  2. 4.2Preliminary market consultations
  3. 4.3Pre-commercial and innovation procurement
  4. 4.4Tender documents and award criteria
  5. 4.5Scaling across municipalities
  6. 4.6Pilots that do not scale and how to avoid them
  7. 4.7References and success stories
  8. 4.8Partnerships with large integrators
  9. 4.9Urban acceleration programmes
  10. 4.10Case study: commercial strategy of a waste management startup
  1. 5.1Financial model of a smart city company
  2. 5.2Metrics: CAC, LTV and churn
  3. 5.3Funding: venture capital, ENISA and CDTI
  4. 5.4Internationalisation into urban markets
  5. 5.5Managing regulatory risk
  6. 5.6Intellectual property and data
  7. 5.7Sustainability and ESG criteria
  8. 5.8Exits: acquisition and growth
  9. 5.9Lessons from benchmark companies
  10. 5.10Lab: five-year financial model
  1. 6.1Identifying the opportunity
  2. 6.2Market and competitor analysis
  3. 6.3Value proposition
  4. 6.4Business model canvas
  5. 6.5Sales and public procurement strategy
  6. 6.6Revenue and pricing model
  7. 6.7Five-year financial projections
  8. 6.8Scaling plan
  9. 6.9Report and presentation
  10. 6.10Final project: final review with the tutor
Methodology, software & labs

How you'll learn

The course is taught 100% online on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so it fits around your job.

Each module combines theory, guided reading of the original regulations and applied exercises. You work with Strategyzer, Microsoft Excel, Miro, Crunchbase and the Spanish Public Sector Procurement Platform, in free, academic or evaluation versions. Exercises are based on real procedures: designing the business model of an urban service, a sales strategy for public administration and financial projections for a smart city startup. Assessment is continuous by module, plus the final capstone project.

Standards covered: Ley 9/2017 (LCSP), Directive 2014/24/EU, Directive 2014/23/EU, Regulation (EU) 2023/2854 (Data Act), Directive (EU) 2019/1024, ISO 56002, ISO 37106, Ley 28/2022 (startups).

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of Ley 9/2017 (LCSP) and Directives 2014/24/EU and 2014/23/EU applied to real cases, not as a theoretical annex.
Industry software:Strategyzer, Microsoft Excel, Miro, Crunchbase and Spanish Public Sector Procurement Platform, in free, academic or evaluation versions.
Final project:a complete business model for a smart city solution, from market analysis and value proposition to the public procurement strategy and five-year financial projections, reviewed by your tutor.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Value chain analysis
Analyse the value chain of a real urban service market.
Business model canvas
Build the business model canvas for an urban service.
Public sales strategy
Design a commercial strategy for selling to public administration.
Financial model
Build a five-year financial model with CAC, LTV and churn.
Final project
Present a complete smart city business model, reviewed by your tutor.
Career opportunities

Where this takes you

Urban technology entrepreneurBusiness development managerSmart city strategy consultantPublic-sector product managerUrban technology investment analystMunicipal innovation officer
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • Internet connection and a computer able to run the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours over 3 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Strategyzer, Microsoft Excel, Miro, Crunchbase and Spanish Public Sector Procurement Platform, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute certificate, awarded on passing the continuous assessment and the final project. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.

No prior qualification is required; you need a computer with an internet connection and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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