459th Social Business Design Lab Held

Press Release (12 January, 2017)

Online Platform for Grameen Poshra Launched

Investments into six social businesses were announced on Thursday, 12th January, 2017 at the 459th Social Business Design Lab. The New Entrepreneurs, children of Grameen Bank borrowers are seen in the photo with Nobel Laureate Professor Muhammad Yunus. Photo Credit: Nasir Ali Mamun /Yunus Centre

The 459th Social Business Design Lab organized by Yunus Centre took place on 12thJanuary 2017 at the Grameen Bank Auditorium with nearly 150 national and international participants from USA, Austria, Italy, Germany and other countries. The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus. Special attendees include Mr Steve Hollingworth, CEO and President of Grameen Foundation, USA.

Six new Nobin Udyokta (New Entrepreneur) business plans were presented at today's Lab. All Nobin Udyokta businesses, presented at the Design Lab are the children of Grameen Bank borrowers’ families.

Yunus Welcomed by 25,000 tribal children in KISS, Bhubaneswar, India

Press Release (11 January, 2017)

Nobel Laureate Professor Muhammad Yunus addressing the disadvantaged tribal children at the Kalinga Institute of Social Science (KISS) in Bhubaneswar, Odisha, India  on 9 January, 2017.

Nobel Laureate Professor Muhammad Yunus visited the Kalinga Institute of Social Science (KISS) in Bhubaneswar, Odisha, India on 9 January, 2017.  KISS is a unique organization in whole of India where 25000 children from disadvantaged tribal communities   from Odisha and neighboring states get modern residential school and college education .They come here as small children at pre-school level and remain here till they get a bachelor degree  with a drop out rare of zero. The institute had a great celebration on the occasion of the visit by Professor Yunus. The big zone of the city which houses the two sister organizations KISS and KIIT ( Kalinga Institute of Industrial Technology), comprising of  a famous private university , a medical college and hospital and a renowned international school. took a festive look with big festoons displaying the portrait of Professor Yunus.  He was received by Dr. Achyuta Samanta , the founder of both KISS and KIIT , and was taken to different parts of KIIT with its total of 30, 000 students including 550 foreign students. This is a premier educational facility in the state of Odisha.

Chandigarh University Appoints Yunus as a Member of its Executive Council and Confers Honorary Doctorate

Press Release (09 January, 2017)

Nobel Laureate Professor Muhammad Yunus is being conferred Honorary Doctorate by the Chancellor Mr.  Santam Sing Sandhu and Vice Chancellor Dr. R. S. Bawa at  Chandigarh University Convocation Ceremony on January 8, 2017 in Punjab, India.

Professor Yunus was invited to Chandigarh University, Punjab, India at the Convocation Ceremony of the university on January 8, 2017.   He was invited by the Chancellor of the University to join its Executive Council which is the highest policy-making body of the university. Professor Yunus attended the ceremony as the convocation speaker and he was conferred an Honorary Doctor of Science degree.

On arrival at the university, the Vice Chancellor and senior faculty received Professor Yunus in the manner of Punjabi tradition of festivities.The entire campus was decorated with festoons displaying his portraits. The Vice Chancellor gave a presentation on the university detailing all the achievements and grand accomplishments in past years. He particularly focused on the innovative curricula of the university which is drawing the attention of international students from twenty countries.  Professor Yunus had an intensive discussion session with the VC, Pro-VC, Members of the Executive Council, Dean of Business School and other senior faculty, on the role of the university for building the future generations.  Vice Chancellor announced in the meeting that a Yunus Centre for Social Business will be established in the university in collaboration with Yunus Centre of Bangladesh. Besides offering social business courses, this Centre will hold a National Forum on Social Business each year at various locations in India.

Yunus addresses Tata Group CEOs and Top Executives in Bhubaneshwar : What Kind of Future We Want --Yunus

Press Release (10 January, 2017)

Nobel Laureate Professor Muhammad Yunus  addressing the CEOs and top executives  of some 240 Tata companies who had assembled in Bhubaneshwar, Orissa, India at the Tata Sustainability Conclave Conference on Future- Proof Business on January 9, 2017.

Nobel Laureate Professor Muhammad Yunus  on January 9, 2017 addressed  the CEOs and top executives  of some 240 Tata companies who had assembled in Bhubaneshwar, Orissa, India at the Tata Sustainability Conclave Conference on Future- Proof Business.

During the speech  Professor Yunus raised the question which future are we talking about? Should  we prepare ourselves to fit ourselves into a future which was created by forces beyond our control, or we purposefully create a future to fit us. The real question is what kind of future we want and how do we create it? 

Professor Yunus: Life is to be creative until the last day

Yunus Centre Press Release (08 January. 2017)

At the joint 90th Aniversary Symposium  of Andhra University in Visakapatnam, Andhra Pradesh , and 10th Anniversary  of his Nobel Peace Prize celebrated by this university, Professor  Yunus spoke on how to  create a social business in a creative way to solve any social problem. In his speech  he took the problem of old age and emphasised ( the fact) that it is not a question of looking after the old people, but rather to facilitate them to be creative and work on the things they love to do for the benefit of others. According to Professor Yunus one should retire the very word 'retirement'. Any person, young or old, can be an entrepreneur at any time of his or life. Instead of calling it by the psychologically damaging word 'retirement' he said a preferable way to call it is  'Phase Two' of life. After the first phase of life one can begin a second phase any time he or she likes  investing one's  life's aquirements (what is this word? )for the good of the society. He said that the young can do that too by taking up the option of creating jobs rather than seeking jobs.

He further stated that  our financial system today is busy financing those businesses which are generating personal profits, and that it was  high time for it to finance(s) the social  business start-ups (, he argued). Already initiatives have been taken up for this in various parts of the world. Professor  Yunus mentioned two specific cases of social business funds in India  created in Bangalore and Mumbai through individual initiative. It is this wide participation of young social entrepreneurs that can stop and reverse the dangerous trend of concentration of wealth.

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