BMW Foundation Herbert Quandt will present the ten participants that have been selected for its RESPOND accelerator programme at Europe’s biggest founder festival, Bits & Pretzels. The startups from five different countries prove that economic success and a commitment to positive social and ecological change do not have to rule each other out.
The selected startups have one thing in common: they all use innovative technologies – which is precisely what the foundation views as a major lever for change.
“Technological progress and long-term solutions to key social challenges are still always considered in isolation from one another. We will only come closer to achieving the UN’s Sustainable Development Goals, once “high tech” and “social well-being” are implemented as complementary parameters,” says Dr Frank Niederländer, member of the Board of Management of BMW Foundation Herbert Quandt.
BMW Foundation Herbert Quandt founded the RESPOND startup accelerator specifically to bridge this gap.
The aim of the five-month programme is to promote impact-tech entrepreneurs and their sustainable business models as positive examples and scale them internationally. They are supported by high-profile mentors and investors from the foundation’s global Responsible Leaders Network, as well as UnternehmerTUM, one of Europe’s largest centres for business creation and innovation.
The range of nominated startups includes innovative solutions for a more sustainable urban life, for example from Hawa Dawa and Meersens, as well as for promoting inclusive mobility (for example Amparo). Innovations in the area of resource efficiency in production and consumption, like those from Goodbag, Bosaq, Brickify, Gotbag, Kraftblock and Made of Air, or for reducing carbon emissions from industrial processes, as devised by Plan A, are also part of the portfolio.
BMW Foundation Herbert Quandt contributes towards the Sustainable Development Goals (SDGs) of the United Nations’ Agenda 2030, which the foundation has actively supported since 2016, through RESPOND. The business models of the selected RESPOND participants each focus on one of the following goals.
- Decent Work and Economic Growth (SDG 8)
- Industry, Innovation and Infrastructure (SDG 9)
- Sustainable Cities and Communities (SDG 11).
SOURCE: BMW Group