myHarapan - Youth Trust Foundation

Name

myHarapan - Youth Trust Foundation

Legal name

Youth Trust Foundation

Website

https://myharapan.org

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Youth Social Entrepreneurship Development

NAICS

Professional and Management Development Training (611430), Professional and Management Development Training (61143), All Other Schools and Instruction (61169)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Entrepreneurship Foundations & Startup Basics (EDAMAHAA), Social Entrepreneurship & Impact Business (EDAMAHAK)

Keywords

• Youth social entrepreneurship
• Social business training
• Nonprofit youth development
• Social impact programs
• Capacity building workshops

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Grants and Donations: As a not-for-profit organization, myHarapan relies on grants and donations to fund youth development programs and social business initiatives.
2. Social Business Fund: Provides access to funding for start-up Social Businesses and Entrepreneurs in Malaysia through venture funding programs.
3. HopeStore Product Sales: E-commerce platform selling products from social enterprise brands including Nazkids, The Asli Co., Therapy Lab, and Oupus Organics, with prices ranging from 12 MYR to 79 MYR.
4. Training and Workshop Fees: CSR workshops, social business bootcamps, and training programs for corporate clients and youth entrepreneurs.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

myHarapan runs youth social entrepreneurship programs and an online marketplace for products made by social enterprises. Its programs include training (T3), intensive Social Business Bootcamps, Incubator and Accelerator programs, annual competitions (Social Project Challenge for secondary schools and Social Business Challenge for youth 18-35), corporate ESG and CSR consulting, impact research, and the HopeStore e-commerce platform that aggregates handmade and social-business products from brands such as Nazkids, The Asli Co., Therapy Lab, and Oupus Organics.

Product overview

myHarapan operates as a platform-plus-ecosystem model combining an e-commerce marketplace (HopeStore) with multiple social business sub-brands (Nazkids Enterprise, The Asli Co., Therapy Lab, Oupus Organics), training and incubation programs (T3, Social Business Bootcamp, Incubator, Accelerator), ESG consulting services, impact research (Doing Good Index, Impact Studies), youth networks (mySBN, 3ZERO Club), and annual competitions (SPC, SBC). The HopeStore aggregates products from youth-led social enterprises, while the training programs develop social entrepreneurship capabilities through workshops, mentorship, and international exposure trips. The organisation functions as both a product retailer and a youth development accelerator for social impact.

Differentiator

Problem solved

Functional benefit

Brands

• HopeStore: Online marketplace operated by myHarapan featuring products from social business ventures including Nazkids Enterprise, The Asli Co., Therapy Lab, and Oupus Organics.
• 3ZERO Club
• mySBN (Malaysian Yunus Social Business Network)

Products and services

• HopeStore An online marketplace operated by myHarapan that aggregates handmade products (accessories, skincare, candles, upcycled goods) from social enterprises including Nazkids, The Asli Co., Therapy Lab, and Oupus Organics, enabling e-commerce sales for youth-led social businesses.
• T3 (Think, Talk, Take Action) A social business training program that provides students with the knowledge and best practices to identify social issues and ideate solutions with peers.
• Social Business Bootcamp A 3-day, 2-night intensive bootcamp in which teams learn project management, market validation, impact measurement, and presentation skills, culminating in pitches to industry experts.
• Incubator Program A business incubation program working with partner organisations to foster sustainable growth among social enterprises through engaging experiences, skills, and knowledge building.
• Accelerator Program An acceleration program helping entrepreneurs scale their design, products, and services beyond current offerings to achieve growth and fill social and economic voids.
• ESG Consulting Corporate social responsibility consulting services including workshops on leveraging Social Business for CSR initiatives and creating shared value for organisations, employees, society, and environment.
• Corporate Social Intrapreneurship A bootcamp program enabling employees to practice Lean Start Up techniques for designing viable solutions for NGOs or Social Enterprises, unlocking intrapreneurship skills.
• Impact Studies Research services conducting impact assessments and studies to measure and evaluate social and environmental outcomes of youth and social business initiatives.
• Doing Good Index A research initiative (in partnership with CAPS) showcasing factors that drive or hinder private capital flowing towards social needs across Asian economies.
• Social Business Tours Annual international study trips to learn from social enterprises around the region, build leadership skills, and engage with practitioners from countries including Thailand, Bangladesh, Philippines, Taiwan, and Japan.
• Social Project Challenge (SPC) An annual national competition for secondary school students (ages 15-17) endorsed by Malaysia's Ministry of Education to instil awareness of pressing social issues and proactive problem-solving.
• Social Business Challenge (SBC) An annual competition for youth ages 18-35 to facilitate creation of new social businesses in Malaysia, with winners receiving grants, accelerator access, and opportunities to pitch at Global Social Business events.
• myHarapan Club (Agent M) An exclusive online portal for Malaysian millennials to engage in social entrepreneurial missions, with assigned challenges that ignite creative and critical thinking skills.

Quantifiable outcome

• 87% increase in learner's knowledge based on before and after survey
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Malaysian Yunus Social Business Network (mySBN)coreStrategic or Co-development Partner · 1 January 2016Founded in 2016 by myHarapan along with Institut Darul Ridzuan, Universiti Kebangsaan Malaysia, Universiti Teknologi Petronas and Universiti Sains Malaysia to synergise social business research and advocacy efforts. Only non-academic founding member.
• Yunus Centre (Muhammad Yunus)coreStrategic or Co-development PartnerMain Partner of Yunus Centre of Nobel Peace Laureate Prof Muhammad Yunus in developing social business particularly among youth. Also part of Asian Social Business Network. Prof. Yunus endorsed Ipoh as 5th Social Business City.
• SEALA / SIBF (Society of International Business Fellows)minorStrategic or Co-development PartnerInternational network partner - SIBF formed in US by CEOs and entrepreneurs to bridge gap between regions; SEALA manages South Asia and Southeast Asia operations.
• Singapore International FoundationminorStrategic or Co-development PartnerInternational partner that uplifts lives and creates greater understanding between Singaporeans and world communities through shared ideas.
• NICE IndonesiaminorStrategic or Co-development PartnerInternational partner that strengthens communities and organizations through capacity building in managing funds, creating strong impact programs, and human development services.
• DHLcoreStrategic or Co-development PartnerDHL provides funds and mentorship to social enterprises like Al-Hikmah through partnership with myHarapan.
• MSD Innovation Sdn BhdminorStrategic or Co-development PartnerPartnership agreement signed with Farm Tokou to enhance use of IoT technology in farming systems. MSD coach also provided coaching during accelerator program.
• 3ZERO ClubcoreStrategic or Co-development PartnerInitiative towards achieving Nobel Peace Laureate Prof Muhammad Yunus's vision of zero net carbon emission, zero wealth concentration, and zero unemployment. myHarapan enables youth to ideate, create and lead with entrepreneurial spirit.
• Ata PlusminorStrategic or Co-development PartnerConnected with ISIAS accelerator participants for potential investment and partnership opportunities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Impact Hub: Global network of incubation spaces and accelerators for social entrepreneurs and impact-driven ventures. Impact Hub Kuala Lumpur provides comparable incubator, accelerator, and community programming to myHarapan's youth-focused social business development model.
• Ashoka: Global network supporting leading social entrepreneurs including young changemakers. Ashoka's focus on identifying and backing systems-change social entrepreneurs overlaps directly with myHarapan's SPC/SBC competitions and youth social entrepreneurship development.
• Yunus Social Business: Global social business organization founded by Nobel Peace Laureate Prof. Muhammad Yunus. myHarapan is a Main Partner of the Yunus Centre that houses this initiative, sharing the same ideological framework and network for advancing social business among youth and underserved communities.

Regional players

• MAGIC (Malaysian Global Innovation and Creativity Centre): Malaysian government-linked innovation and creativity center that has been a funding partner of myHarapan (US$238K in 2017). MAGIC operates overlapping programs supporting Malaysian startups and social impact initiatives, making it a comparable regional ecosystem player.
• Yayasan Hasanah: Malaysian foundation created by Khazanah Nasional that has awarded follow-on funding to myHarapan portfolio companies (e.g., Brutti & Besi). Comparable as a national-level foundation running grant programs, capacity-building, and social impact investments within Malaysia.

Broad incumbents

• Schwab Foundation for Social Entrepreneurship: World Economic Forum-affiliated foundation that advances social entrepreneurship globally. Comparable in its focus on convening social entrepreneurs, conducting impact research, and influencing policy, though operating at a much broader international scale than myHarapan.
• Acumen: Global impact investor and leadership development organization backing social entrepreneurs tackling poverty. Acumen's fellowship and Academy programs parallel myHarapan's Incubator/Accelerator offerings, though with a global capital deployment model rather than a national foundation model.
• British Council (Social Enterprise programmes): UK cultural organization that runs social enterprise and youth entrepreneurship programs across Asia, including partnerships with organizations like Eats, Shoots & Roots (a myHarapan portfolio company). Both share a youth and social enterprise mandate with global convening power.
• UNICEF Malaysia (Youth Development programmes): UN agency running youth empowerment, skills development, and social innovation programs in Malaysia. Comparable target demographic (Malaysian youth) and overlap on life-skills, employability, and innovation programming, though operating from a global UN mandate.

Others

• Global Social Business Summit (GSBS): International convening founded by Prof. Muhammad Yunus that myHarapan co-organized in Kuala Lumpur in 2013. Comparable as a flagship ecosystem event for the social business movement and a peer convening platform where myHarapan participants engage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/myharapan
• Instagraminstagram.com/myharapan
• Xx.com/myharapan
• Facebookfacebook.com/myharapan
• LinkedInlinkedin.com/company/myharapan

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about myHarapan - Youth Trust Foundation