|Title||[Herald Economy] Mercedes-Benz Social Contribution Committee, 150 million won in scholarships for sports prospects|
The Mercedes-Benz Committee for Social Responsibility announced today that it will provide scholarships totaling KRW 150 million to 50 promising
Korean children and youth sports stars through the Mercedes-Benz GIVE 'N DREAM program.
GIVE 'N DREAM is part of Mercedes-Benz GIVE, a social contribution program that promotes a culture of giving through sports.
The scholarships will be awarded to 50 promising athletes from various fields, including soccer, baseball, taekwondo, wrestling, and badminton,
who are selected through a screening process from among students from basic or second-class families and other low-income families,
The Give & Dream Scholars will receive up to KRW 3 million for one year. They can use the funds to participate in sports competitions,
train, purchase sporting goods, treat injuries, and other related purposes.
Since the establishment of Give & Dream in 2020, a total of 450 million won in scholarships have been distributed. Last year, the company also launched
a "Mental Coaching" program with mentoring from sports stars to support up-and-coming athletes through various programs.
Thomas Klein, Chairman of the Board of Management of Mercedes-Benz Cars, said: "We will continue to support talented young athletes as they work towards their dreams.