Skip to main content

Scion to ‘kickstart’ young entrepreneurs with its own small-business incubator

Scion Logo on the 2013 FR-S
Image used with permission by copyright holder

Scion has always been the bratty brand of Toyota’s stable. And by bratty we just mean youth-focused. While Lexus is out sipping champagne and dining on the finest caviar, and Toyota is busy checking books out of the local public library (or whatever else it is responsible people do), Scion is playing beer pong and taking selfies in the mirror. At least, that’s the image projected by Toyota, which is heavily courting the early driver market. But rather than seek money from our vibrant younglings, the Japanese automaker is looking to shell it out, to the tune of $10,000.

As Automotive News reports, Scion kicked off a new youth-oriented program today, a small-business incubator called Motivated, designed to help kickstart young entrepreneurs between the ages of 18 and 35. The chosen few will be selected from the fashion, design, music, and art communities and, as mentioned, receive $10,000, a new Scion vehicle (we’re hoping a 2013 Scion FR-S) and a six-month mentorship from an existing and successful small-business owner. 

Recommended Videos

“This is about turning people’s passions into a career,” Owen Peacock, Scion national manager of marketing and communications, said in an interview. “It’s not for the dreamer who thinks, ‘Someday.’ This is for the person who has taken the first step, signed a lease and incorporated,” Peacock added.

While many enterprising individuals will undoubtedly enter, only 50 will be brought to Los Angeles for a three-day small business seminar that will include panelists and guest speakers, presumably connected to the aforementioned industries. Of the 50 semi-finalists, 10 will ultimately be chosen for the grand prize.

In a clear attempt to generate buzz and excitement, Scion plans to document the competition and broadcast the 10 winners’ initial six-month business period via the Web.

Of course, competitions like these are twofold: they harvest young talent and generate brand interest. According to Toyota, Scion’s U.S. sales have grown 50 percent this year and the proud parent company will no doubt want to see that figure continue to grow.

Those interested in Motivate have until the end of January to submit their entries, with the top 50 selections to be announced in February.

Amir Iliaifar
Former Digital Trends Contributor
Associate Automotive Section Editor for Digital Trends, Amir Iliaifar covers the ever increasing cross-section between tech…
Is a Jeep Cherokee replacement slated for 2025?
Jeep Cherokee

Jeep is remaining somewhat mysterious about the name of a new hybrid SUV slated to be part of the brand’s lineup in 2025.
Speaking at the Los Angeles Auto Show recently, Jeep CEO Antonio Filosa would only say that a new compact SUV with a hybrid powertrain was indeed on the way, according to Automotive News.
Filosa had already confirmed last spring that a new “mainstream” large SUV would soon be launched by Jeep, adding that we "could probably guess what it will be called." His comments had sparked speculation that the Cherokee brand name would be back.
While the brand name has existed since 1974, the Cherokee Nation in the U.S. had officially asked Jeep to stop using its name in 2021.
Early last year, Jeep quietly discontinued the model, which was one of its most iconic SUVs of the past 50 years.
The reason? Besides slumping sales, Jeep at the time cited the confluence of market dynamics, consumer preferences, and strategic brand realignment.
The Cherokee was viewed as a classic four-door SUV, known both for its reliability and its ability to suit both off-road and urban environments.
But with time, “consumer preferences have significantly shifted towards larger SUVs equipped with the latest technology and enhanced safety features,” Jeep said at the time. “This trend is accompanied by an increasing demand for environmentally friendly vehicles, steering the market towards hybrid and electric models.”
While no one knows for sure what the new SUV hybrid will be called, Jeep's parent company, Stellantis, is certainly doing everything it can to steer all its brands in the hybrid and electric direction.

Stellantis recently launched a new platform called STLA Frame that’s made for full-size trucks and SUVs. The platform is designed to deliver a driving range of up to 690 miles for extended-range electric vehicles (EREVs) and 500 miles for battery electric vehicles (BEVs).

Read more
These EVs come with the best free charging deals
Electrify America charging stations

EV charging is getting more accessible and faster, but it's still not quite as convenient as filling up at a gas station. For some, however, paying a substantially lower cost would make the waiting worth it, and many EV manufacturers make the cost cuts even more enticing by bundling in discounted or free charging at one of the larger charging networks.

This has been a practice for some time now -- and Tesla actually kicked it off with free Supercharger access. The concept is basically that when you buy your EV, you'll get a free subscription or free access to a network like Electrify America or EVgo. Essentially, this means that you can fast charge your electric vehicle at a DC fast charging station at no cost.

Read more
Teslas likely won’t get California’s new EV tax rebate
teslas likely wont get californias new ev tax rebate ap newsom 092320 01 1

California seems eager to reassert itself, not only as one of the largest economies in the world, but one where EVs will continue to thrive.

Governor Gavin Newsom has announced California will seek to revive state-tax rebates for electric vehicles should the incoming Trump administration carry out its plans to end the existing $7,500 federal incentive on EVs.

Read more