MycoHAB is a non-profit foundation originated by the Standard Bank Group (SBG) and the Massachusetts Institute of Technology (MIT) around the research and development of mycelium-based structures to create a new generation of building materials to benefit communities within Africa and abroad.
While mycelium research and technologies are growing exponentially, until recently, large-scale deployment only existed in widely dispersed and isolated pockets where the science, resources and finances were readily available. This made it inaccessible and too expensive for individual organisations (or countries) to tap into.
To make a tangible and sustainable impact requires a cohesive and inclusive approach that bridges information, application, know-how and funding, which is what led to the MycoHAB Foundation being established in 2021 in Mauritius.
The MycoHAB Foundation is governed by a council of members and aims to redeploy profits generated from the commercialisation of the intellectual property developed from our research into new research areas, skills development and training.
It will also mobilise and invest funding from philanthropic organisations, high net worth individuals and companies into mycelium research and development, application and advancement.
MycoHAB Limited is a wholly owned subsidiary of the MycoHAB Foundation, based in Mauritius and operating as a global company.
MycoHAB Limited is the commercial centre of MycoHAB operations and enables the MycoHAB concept and its toolkit of technologies to be deployed in other countries in Africa and beyond. This structure enables us to accelerate mycelium research, myco-technologies, bioremediation and innovation to solve some of the world’s greatest challenges, in addition to investing in skills development, jobs and industries, and creating new, futureproof circular economies.
MycoHAB Limited partners with scientific communities, research institutions, organisations, civil society, technical agencies and the private sector to develop new applications for the mycelium technology already developed and patented.
BioHAB began in Namibia with a collaboration between Standard Bank and MIT. The need for affordable and sustainable housing, as well as meaningful and lasting economic growth in the region, has led to MycoHAB Namibia. Having partnered with the Buy a brick foundation and the Standard Bank Namibia Community Trust, they are innovating for a sustainable future.
MycoHAB Namibia is a commercial subsidiary of MycoHAB Limited in Mauritius and aims to make a positive and lasting impact through innovative initiatives and objectives focused on long-term social, economic and environmental upliftment.