About MAN & Yunus Social Business
MAN Truck & Bus is one of Europe’s leading manufacturers of commercial vehicles and has production facilities in three European countries (Germany, Austria and Poland), Russia, South Africa, India, and Turkey. Its products range from general and special purpose trucks to buses and coaches as well as to diesel and gas engines for external customer applications. MAN is intensely dedicated to purposeful innovation within the transport and logistics sector.
Yunus Social Business (YSB) is a non-profit venture fund and accelerator. It was co-founded by Nobel Peace Prize Laureate Prof. Muhammad Yunus to solve humanity's most pressing needs through business means. YSB has worked with or invested in over 1,000 social entrepreneurs worldwide to build meaningful social businesses in agriculture, health, mobility, clean water and energy.
The program focuses on Transport and mobility, as MAN believes are a strong component – to alleviate poverty and provide equal access to opportunities. The MAN Impact Accelerator is an impact accelerator where MAN supports social businesses in the mobility and logistics sector from Europe, Brazil and Africa. You will travel around the world, meet inspiring social entrepreneurs and get support from mentors like MAN Truck & Bus CEO Joachim Drees or Nobel Laureate Prof. Yunus, whose social businesses have impact millions of people. You will visit 3 different continents and tech leaders and have access to a pool of 300+ mentors, including staff from Google and MAN.
The program takes no equity and pays for the travel and accommodation for the entrepreneurs.
It's is MAN's third batch and the results from previous programs were astonishing – the social businesses on average doubled their revenues and 4x'ed their impact over the course of the program. A look at last years program can be found here.
The MAN Impact Accelerator kicks off in Munich in November 2019. The curriculum that follows will take you to cities like Sao Paolo, Lisbon and Johannesburg. The official closing ceremony in Munich in June 2020 will mark the end of the program.
We accept social businesses and impactful startups from Europe, Brazil, South Africa as well as Mozambique, Rwanda, Uganda, Kenya, Nigeria and Tanzania that have a strong logistics, transport or mobility focus with a prototype and preferably early revenues. Startups must have a strong purpose and create both tangible and measurable impact beyond financial returns.
Apply by October 1 to be part of the MAN Impact Accelerator
Learn more here.