The Mercedes-Benz Corporate Social Responsibility Committee said on the 16th that since 2017 it has carried out various social contribution activities to support children and teens with donations raised through the charity running event "GIVE 'N RACE (Mercedes-Benz GIVE 'N RACE)."
A flagship program, "GIVE 'N DREAM," is a scholarship support program that selects teen athletes who stand out despite difficult circumstances and helps them grow into sports talent by covering competition and training expenses, gear purchase costs, and injury treatment costs. Mercedes-Benz has delivered 900 million won in scholarships to a total of 300 recipients through the GIVE 'N DREAM program that began in 2020.
On Sept. 9, 50 children and teens considered promising sports prospects also received a total of 150 million won in scholarships. Figure skating prospect Lee Yun-ho, selected as a representative scholarship student, is receiving support for competition and training expenses, gear purchase costs, and injury treatment costs. This year, the supported disciplines expanded beyond taekwondo, soccer, and judo to include climbing, table tennis, basketball, and modern triathlon.
The GIVE 'N DREAM program is funded by donations raised through GIVE 'N RACE. At the 12th GIVE 'N RACE held in Busan Metropolitan City in Apr., 20,000 citizens participated, generating more than 1 billion won in donations for the second consecutive year. GIVE 'N RACE has recorded a cumulative 145,000 participants and 7.6 billion won in cumulative donations, establishing itself as a leading donation event joined by corporations and citizens.
Donations raised through GIVE 'N RACE are also used for various projects for children and teens beyond the GIVE 'N DREAM program. Of this year's donations, 500 million won will support the establishment of a child protection agency in Gwacheon, Gyeonggi Province. The remaining 500 million won will be invested in Busan's "Cherished like you, public kids' cafe and Our Neighborhood ESG Center" project.
A Mercedes-Benz official said, "We will help build a culture of giving in which citizens and local communities participate together through GIVE 'N RACE, and strive to ensure more teens can pursue their dreams in a safe environment."