531st Social Business Design Lab Held

Press Release (27 March, 2017)

Social Business Course Launched at Daffodil University

Investments into six social businesses including six New Entrepreneur (NU) projects were announced on Monday at the 531st Social Business Design Lab. Entrepreneurs are seen with Nobel Laureate Professor Muhammad Yunus at the lab.Photo: Nurjahan Chakladar/Yunus Centre

The 531st Social Business Design Lab organized by Yunus Centre took place on 27th March 2017 at the Grameen Bank Auditorium with nearly 150 national and international participants from India, Nepal, Malaysia and France. The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus.

Six new Nobin Udyokta (or New Entrepreneur) business plans were presented at today's Lab. The business plans included a cycle repairing shop, a ready-made garments shop, a tailoring shop, a flower shop. Salman Pushpo Kutir project was presented by a seasoned florist Md. Humayun Kabir. With ten years of experience, Mr Kabir now wants to realize his dream to expand the business using his experience. Shuvo Saj Fashion Wear project was presented by Ms Sultana Razia, mother of one. Ms Razia, a divorcee, is a strong woman who wants to thrive as an independent entrepreneur through her shop. Md. Sayeed Hossain presented his Ma Babar Doa Repairing Workshop at the design lab. Though without formal training, Mr Hossain is a skilled technician with 12 years of experience. He now wants to utilize his experience through this repairing shop. Ruponti Boutique House project was presented Ms. Farhana Flora, mother of two. She has sought investment to scale up her clothing and nakshi kantha (quilt) business.  Baby Garments & Handicrafts  project was presented by Mr Shojol Pal, a skilled craftsman making handmade clay products ranging from jewellry to candleholders and so on. Equity investment from social business fund will enable him to supply his handicraft products to urban showrooms. Tushar Metal project was presented by Mr Tushar Ahmed who has metal crockery business. All six entrepreneurs are children coming from Grameen Bank families.

All business plans were presented and discussed in detail. Those were then presented in groups for further review. All projects were approved for funding by their groups. The projects are joint ventures with social business funds and their progress will be monitored on www.socialbusinesspedia.com.

Since the Labs began in January 2013, there are now more than 13,500 projects which have been presented in the last 530 Lab programs, of which 13318 projects have been approved for equity funding investments ranging from taka one lakh to five lakh for Nobin Udyokta projects from the social business funds.

During today's Design Lab Professor Yunus presented the certificates to the students of the short course on social business being conducted by Daffodil University through a ceremony at the Design Lab.

Professor Yunus thanked the participants and invited them to join next Social Business Design Lab which will take place on May 17, 2017.

Students of Daffodil University, awarded certificates after successfully completing social business course, are seen with Nobel Laureate Professor Muhammad Yunus at the 531st Social Business Design Lab. The 531st Social Business Design Lab organized by Yunus Centre took place today on 27th March 2017 at the Grameen Bank Auditorium. Photo: Nurjahan Chakladar/Yunus Centre


Early Bird Registration for 7th Social Business Day

We are happy to inform you that our registration for the 7th Social Business Day, Dhaka is open now. Early Bird discount offer is available for those who apply now. Take this opportunity and register for this unique experience before our early bird offer expires on 30 April 2017.

The Social Business Day will be held on 28-29 July 2017 at Social Business Convention Centre at Zirabo, Savar, Dhaka. The event will be hosted as before by Nobel Laureate Professor Muhammad Yunus. This year our theme will be “Can Wealth Concentration Be Stopped?”. As before we will discuss the concept and practice of social business through a series of plenary and interactive panel sessions and workshops. With the participation of global leaders, entrepreneurs and academics, this event is an amazing platform to network and learn from influential social business leaders from all continents. To learn more about the conference and to register click here.

For any further questions, please do not hesitate to contact us at via this email socialbusinessday[at]yunuscentre.org or call: +88 02 903 57 55, Cell : 017715-89003.

Yunus Honoured by PSG Handball Club of Paris for Supporting Athletes and Sports World with Social Business

Press Release (13th March, 2017)

Thierry Omeyer, three times Olympic medal winner, the captain of the Paris Saint-Germain Handball Club with Nobel Laureate Professor Muhammad Yunus.

Nobel Laureate Professor Muhammad Yunus was invited by celebrated Paris Saint-Germain Handball Club (PSG Handball club) of Paris to watch the European Championship match against Kiel Club of Germany on March 12 as their honoured guest. PSG had been six times European Handball Champion.

Professor Yunus enjoyed the match which was easily won by PSG. Professor Yunus was invited by the club to meet the players at the end of the game to take pictures and was thanked for the support he is providing to the sports world. He was honoured by the club by adopting him as an honorary member of the Club and giving him the jersey of the club.  He is invited to watch all the games played by the club as the club’s honoured guest.

All the players greeted Yunus at the end of the game. Professor Yunus also congratulated them. They thanked Yunus for helping Paris to bring 2024 Olympic. On behalf of the club Olympic gold medalist Captain Thierry Omeyer gave the jersey of the club and adopted Yunus as a member of the club. They took a group photo with Yunus to make this moment as important moment of the club.

Professor Yunus also presided over a separate meeting held by Grameen Creative Lab (GCL) on the preparation for upcoming Global Social Business Summit to be held in Paris on November 6 and 7 this year. It was decided at the meeting that this year’s Summit will focus on introducing social orientation to the sports and athletic world. The summit will bring all these ideas to the Olympic of 2024 wherever it is held. If Paris is selected in September this year as the venue for the 2024 Olympic, Yunus Centre and GCL will work with Olympic organizing committee to give the best possible  social orientation to it to make it an unique Olympic experience.

During the global summit, a separate session will be held on the Olympic preparations. In addition it was decided that a big delegation of retired sportsmen and athletes will be brought who will start their life as entrepreneurs with support from a specially designed social business investment fund.  A delegation of sportsmen and athletes from Bangladesh will be brought by Yunus Centre to the summit in Paris to compete for receiving financing for their businesses.

Nobel Laureate Professor Muhammad Yunus later attended the board meeting of Grameen Credit Agricole Microfinance Foundation which was created nine years ago to promote microfinance all over the world. It is a joint venture between Credit Agricole, the largest commercial bank of France, and Grameen Trust of Bangladesh.

During the past nine years, the Foundation invested 37.05 million Euro in 50 microfinance organizations across 23 countries in four continents and in 15 Social Business Companies. Grameen Credit Agricole foundation will celebrate its Tenth anniversary next year. It was decided that Social Business fund which was created by the foundation to invest in social businesses, will focus its funding in Paris to build up Paris as social business city.

Nobel Laureate Professor Muhammad Yunus is seen among the players of Paris Saint-Germain Handball Club wearing the jersey of the Club all showing the logo of Paris Olympic 2024,  which is based on Eiffel Tower.

Yunus and Paris Mayor Anne Hidalgo launches French Social Business Initiatives

Press Release (12 March, 2017)

Paris Sets Vision of Inclusion and Innovation Ahead of Paris 2024 Olympic Bid

Nobel Laureate Professor Muhammad Yunus and Paris City Mayor Ms Anne Hidalgo during a meeting in Paris, France. Photo : Yunus Centre

Nobel Peace Laureate Professor Muhammad Yunus and Paris Mayor Anne Hidalgo joined 100 of France’s leading social business entrepreneurs and organisations at Paris’ City Hall on March 10, 2017 to explore innovative ways to make the Paris 2024 Olympic and Paralympic Games the most inclusive ever.

Grameen China and Zhongyuan Bank launch 6 branch Grameen microcredit program in Henan, China

Press Release (02 March, 2017)

Nobel Laureate Professor Muhammad Yunus was received by by the Secretary of theCommunist Party of China for Henan Province Mr Xie Fuzhan at the Party Committee's office in the capital city of Zhengzhou to discuss about the poverty alleviation strategies of China and the launch of a Grameen microcredit program in Henan as a collaboration between Grameen China and Zhongyuan Bank, a government owned bank of Henan.

Nobel Laureate Professor Muhamamd Yunus was the chief guest at a high level launch event of a six branch Grameen style microcredit program in Henan Province, China on February 26 which is a collaboration between Henan commercial bank Zhongyuan Bank and Grameen China to bring much needed financial services to the rural poor in that province. Zhongyuan Bank is a new bank in Henan that was created in 2014 but last year posted a profit of US$ 3 billion. The bank which will finance the loan capital and operations of the new initiative which will be implemented by Grameen China invited Professor Yunus to their headquarters in Zhengzhou in Henan province to meet with the Chairman of the Bank, its president and staff and discuss the collaboration. Henan is a province in central China and considered the cradle of Chinese civilization with a recorded history of more than 3,000 years. The launch event was addressed by the Secretary of Henan provincial government, the Chairman, also the President of the bank attended by around 250 dignitaries in Zhengzhou City.

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