Institute for Affordable Transportation
Encyclopedia
The Institute for Affordable Transportation (IAT) is a non-profit organization located in Indianapolis
, Indiana
, USA. The IAT is devoted to developing high-quality, low-cost transportation to provide mobility, freedom and economic hope to people in rural areas of developing countries. This involves a class of transportation known as a Basic Utility Vehicle
(BUV). BUV’s are designed to provide mobility, freedom and economic hope to people in rural areas of developing countries. The BUV can promote trade and sustainable development by allowing micro-business growth and trade at a grassroots level.
In order to engage young engineering and technology talent, the IAT has enlisted educational institutions in the design and development of BUV’s. Other universities are involved with the IAT initiative in marketing research to calculate costs, target market, distribution, location, service and logistics issues.
Will Austin, the Executive Director of IAT, began working full time on the BUV design in April 2000 and founded the Institute for Affordable Transportation as a 501(c)(3) public charity shortly thereafter. IAT is funded by individuals, foundations, churches, and international corporations.
Indianapolis
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
, Indiana
Indiana
Indiana is a US state, admitted to the United States as the 19th on December 11, 1816. It is located in the Midwestern United States and Great Lakes Region. With 6,483,802 residents, the state is ranked 15th in population and 16th in population density. Indiana is ranked 38th in land area and is...
, USA. The IAT is devoted to developing high-quality, low-cost transportation to provide mobility, freedom and economic hope to people in rural areas of developing countries. This involves a class of transportation known as a Basic Utility Vehicle
Basic Utility Vehicle
Basic Utility Vehicle is a simple rugged vehicle designed for use in the developing world. The Institute for Affordable Transportation is the promoter of this type of vehicles and the main sponsor...
(BUV). BUV’s are designed to provide mobility, freedom and economic hope to people in rural areas of developing countries. The BUV can promote trade and sustainable development by allowing micro-business growth and trade at a grassroots level.
In order to engage young engineering and technology talent, the IAT has enlisted educational institutions in the design and development of BUV’s. Other universities are involved with the IAT initiative in marketing research to calculate costs, target market, distribution, location, service and logistics issues.
Will Austin, the Executive Director of IAT, began working full time on the BUV design in April 2000 and founded the Institute for Affordable Transportation as a 501(c)(3) public charity shortly thereafter. IAT is funded by individuals, foundations, churches, and international corporations.