Nobel Winner Unveils Social Business Institute at CSUCI

Written by Pacific Coast Business Times

Nobel Peace Prize laureate Muhammad Yunus launched the California Institute for Social Business at California State University, Channel Islands, on Feb. 26. The first of its kind, the endeavor will “make it clear to people what a social business is,” Yunus said.

A university is not “not just a think tank — it's also an action tank,” Yunus said at a press event prior to delivering his speech to a full house of 1,800 at the Thousand Oaks Civic Arts Plaza.

The institute, which has been in the works for several years, aims to revolutionize the business curriculum at CSUCI and serve as a catalyst for similar institutes at other schools. It seeks to introduce students to the challenges of poverty and environmental problems and teach them to create market-based solutions. It will include student-run social businesses funded on a model similar to Yunus' Grameen Bank.

Professor Cam Donaldson Named Founding Yunus Professor at GCU

GCU Yunus Chair and Fellows

Yunus Chair in Social Business and Health

Yunus Centre for Social Business and Health


First holder of the new Yunus Chair in Social Business and Health was announced in early 2010: Professor Cam Donaldson, one of the world's foremost health economists is the founding Yunus Professor at GCU.

Professor Cam Donaldson, previously headed up the Institute of Health and Society at Newcastle University. At GCU he will bring together a team of researchers to further develop GCU's reputation for allied health research, which is already ranked in the top 10 in the UK.

As Yunus Chair, he will lead a unique research programme evaluating the impact of social business creation on the lives and health of disadvantaged communities in Glasgow and overseas. The new Yunus Centre is named for Grameen Bank founder Professor Muhammad Yunus, in recognition of the Nobel Peace Prize winner's close working relationship with the University. The Yunus Chair and Centre are a key element of the Grameen Caledonian Programme co-ordinated by GCU. Professor Yunus is recognised as one of the world's leading social entrepreneurs for his efforts to create a world free of poverty. He has pioneered the concept of microcredit, which supports entrepreneurs who are too poor to qualify for traditional bank loans.

Grameen Type Bank Opens In Bahrain

Press Release

Nobel Laureate Professor Muhammad Yunus and the Chairman of the Board of Trustees of the Royal Charities Organization, Prince Shaikh Nasser bin Hamad Al Khalifa inaugurated the Family Bank, a microfinance bank
licensed by the Central Bank of Bahrain, at a ceremony held at the Gulf Hotel Convention Hall in Bahrain on Thursday, January 14, 2010. The ceremony was held under the patronage of His Majesty King Hamad bin Isa Al Khalifa and attended by the Minister for Social Development Dr. Fatima Al Balooshi.

French Minister Visits Social Business In Bangladesh

Yunus Centre Press Release

Martin Hirsch, French minister for Active Solidarities against Poverty and for Young people, his wife are accompanied by a 36 person delegation from France for a three day visit to Bangladesh.

The purpose of the visit is to learn more about social business and Grameen Bank activities. They are also in Dhaka for the meeting of the board of the HEC Social Business Chair, one of the top schools of business in France. Martin Hirsch and his delegation will hold several meetings with Nobel Peace Prize Laureate Professor Muhammad Yunus, visit the Grameen Danone factory in Bogra. In addition to that, the delegation has held meetings with North South University, visit Grameen Bank activities and visit poor neighborhood within Dhaka.

Second Annual Prof. Hiren Mukherjee Memorial Lecture

Press Information Bureau - Government of India - Press Release

Prof. Muhammad Yunus delivered the second Prof. Hiren Mukherjee Lecture at the Central Hall of Parliament in New Delhi today. Following is the text of the Prime Minister, Dr. Manmohan Singh’s speech on the occasion:

“I am delighted to be here today on the occasion of the second Prof. Hiren Mukherjee Memorial Lecture. I welcome and greet Prof. Muhammad Yunus who will deliver this highly prestigious address. Prof. Yunus is truly an exceptional human being and it is really a privilege to be in his company. He has been a professor of economics, a civil servant and a social worker. His work demonstrates the great power of ideas. In his case his path is best described by anUrdu couplet Main Akela Hi Chala Tha Janebe Manjil Magar Log Milte Gaye aur Carvan Banta Gaya. Prof. Yunus is one of those exceptional human beings who has successfully applied his knowledge of economics and society for reducing the poverty of millions and millions of men and women. In this he has indeed been a great visionary of our times. We have much to learn from the recipient of the 2006 Nobel Peace Prize and I once again applaud and salute his work and his presence here amidst us. I also congratulate Smt. Meira Kumar, Speaker of the Lok Sabha for having invited Prof. Yunus to address.
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