Tugende is a Social Business that helps mototaxi drivers double their incomes by owning their motorcycles. They have helped over 18,000 motorcycle taxi drivers with higher incomes, including the drivers’ families, that’s over 85,000 people.

We are delighted to be part of delivering the fantastic F-LANE Accelerator, Europe's first accelerator with a focus on early-stage social impact start-ups that utilise technology to empower women worldwide.

On 20 March this year, Luis Miguel Botero discovered that his social business, Pomario, faced an existential threat. It was the day that a nation-wide quarantine in Colombia was announced, which was ultimately extended until the end of August. For Botero, as for many business owners, this presented the threat that his social businesses’ revenues would disappear overnight.

Since the 1980s, pioneers like Bill Drayton, Muhammad Yunus and Anita Roddick have led through action, creating powerful examples of business solutions to societal or environmental issues. They called it social business, social entrepreneurship or impact entrepreneurship.