Social Business on Safe Water and Three Social Business Centres launched at Design Lab; New Entrepreneurs cross 10,000

Press Release (22 November, 2016)

Investments into five New Entrepreneur (NU) projects were announced on Thursday at the 415th Social Business Design Lab. The New Entrepreneurs, children of Grameen Bank borrowers are seen in the photo with Nobel Laureate Professor Muhammad Yunus.  This Lab marked crossing 10,000 new entrepreneurs financed from Grameen's Nobin Udyokta fund.

The 415th Social Business Design Lab organized by Yunus Centre took place on 22ndNovember 2016 at the Grameen Bank Auditorium with nearly 155 participants from national and international organizations attending. The Design Lab was chaired by Nobel Laureate Professor Muhammad Yunus.

Five new Nobin Udyokta 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. These five plans included Putul Kutir Shilpa by Putul Rani, who has 15 years of experience in making traditional handicraft items. Rashid Cycle Store project was presented Md. Jewel Hossain who is expert in repairing bicycles and has decided to become an entrepreneur using his skill. Rina Rani Roy presented Prokriti Beauty Parlor project. Ms Rani, mother of one, is a trained beautician and determined to become a self reliant entrepreneur. Other two projects are Tanvir Garments by Nur Mohammad who is an entrepreneur with a physical disability and Shourav Tailros and Cosmetics by Mst. Shahina Begum.

Leading Indian Businesses Unite to Launch Social Businesses

Press Release (21 November, 2016)

India sets a  platform for large corporations to create their own social businesses

Nobel Laureate Professor Muhammad Yunus with the CEOs of Tata companies after an exclusive meeting  convened to meet him to discuss how the Tata companies including Water, Power, Steel, among others can get involved in creating social businesses through each company.

Yunus Social Business, India, Indian wing of Nobel Peace Laureate Muhammad Yunus’ global social business promotion organization, and Tata Trusts jointly launched an initiative named as "Indian Corporate Action Tank",  (ICAT), in Mumbai on November 18, 2016, an initiative to create corporate social businesses – addressing important social issues like nutrition, healthcare, sanitation, housing and other issues and driving innovation for the poor. The ICAT will be India’s first platform for large corporations to create in-house corporate social businesses that leverage their core business skills to address social problems in a financially sustainable way. The ICAT will build on the practitioner led experiences, knowledge and on-ground presence of its iconic founding organizations.

The companies that have so far publicly announced to have joined the Indian Corporate Action Tank are Tata Trust, Tata Steel, RPG Group, Danone India.  Another ten companies have signed up and waiting to complete their organizational procedures before they can announce their participation in this collective initiative.

Paris adopts Yunus''s three zeroes as central theme for Olympic 2024

Press Release (13 November, 2016)

Nobel Laureate Professor Yunus, Mayor of Paris Ms Anne Hidalgo and Etienne Thobois, President of Candidate Olympic City Paris signed an agreement in Paris town hall on 8 November to put social business and three zero as a central pillar of the city’s candidacy for the 2024 Olympic games.

The Candidate City Paris has decided to give central role to Nobel Laureate Professor Yunus's three zeroes vision zero poverty, zero unemployment and zero net carbon emissions - in the City's bid for the 2024 Summer
Olympic games.

On 8 November 2016, Nobel Laureate Professor Yunus and Ms Ann Hidalgo  Mayor of Paris together with the President of Candidate City for the Olympics signed a three way agreement for integrating social business as a central pillar of the city’s candidacy for the 2024 Olympic.

The agreement was formalized in a signing ceremony at a press conference  at the Mayor's office in the historic building of Hotel de Ville (Town Hall) convened by Mayor Anne Hidalgo who was a signatory to the agreement along with Professor Yunus and Etienne Thobois the President of the Committee for Promoting  the City of Paris as a candidate for  holding the Olympic in 2024. While addressing  the press conference the Mayor announced that she had invited Professor Yunus to hold the Global Social Business in Paris next year as a part of the initiative to spread social business programmes throughout Paris. This summit will be held on November  6-7, 2017. She will invite the Mayors of forty leading cities of the world to attend the summit. She is the Chairperson of the C40, which is the association of these forty cities. She explained that her initiative will be part of a long term program launched by her  to make Paris the global hub for social business. Her initiative formally began with   her launching last month, in the presence of Professor Yunus, Les Canaux, a magnificent  building in Paris. This building was named as the Social Business House and dedicated to promoting and creating social business.


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Grameen America Hits Half A Billion Dollars Disbursement Milestone

Press Release (27 October, 2016)

Nobel Laureate Professor Muhammad Yunus is being awarded the prestigious Presidential Medal by George Washington University, USA President Steven Knapp in a ceremony at GW's Lisner Auditorium on October 26, 2016.

Grameen America Inc (GAI) has hit the milestone of half a billion dollars in loans disbursed, cumulatively by the third quarter of 2016. This milestone was announced at GAI's the  board meeting was held in New York on on October 24, 2016 with Professor Muhammad Yunus in the chair. GAI started its journey back in 2008 and is empowering low-income women with microloan across 11 cities of the United States, from New York to California. Grameen America has provided US$ 535 million in loans to 81,100 women which they have invested in their small businesses. So far, 2,42,445 loans have been approved and consequently 75,155 jobs have been created through these ventures. Professor Yunus is the chairman of Grameen America Inc.

Nobel Laureate Professor Muhammad Yunus attended the Sing For Hope Tenth Anniversary gala as Chief Guest. In his speech Professor Yunus praised Sing for Hope for the work it had done over the last ten years, and highlighted the important role that art and music  plays  in solving the problems of society. Diva of opera world Rene Fleming enthralled the audience by her breathtaking performance in the gala.Since 2006, Sing for Hope, co founded by Yunus' daughter Monica Yunus, has done arts outreach programs that have brought hope and inspiration to thousands of individuals in under-resourced schools, public hospitals, hospices, veterans’ centers, after-school programs, neighborhood centers, nursing homes, and disability networks. To date, Sing for Hope has partnered with over 220 nonprofit organizations, involved over 3,500 artists in community volunteerism, and placed over 330 artist-created Sing for Hope Pianos throughout NYC’s parks and public spaces for everyone to play.

Professor Yunus delivered a public lecture at George Washington University (GW) . GW was established in February 9, 1821 and is a leading American university in the field of applied politics. On the same evening Professor Yunus was awarded the prestigious Presidential Medal by GW President Steven Knapp in a ceremony at GW's Lisner Auditorium to honor him for his pioneering work in creating economic development through microcredit. The George Washington University President’s Medal recognizes individuals who have exhibited courage, character and leadership in their chosen fields and who exemplify the ability of all human beings to improve the lives of others.

Caption : Nobel Laureate Professor Muhammad Yunus is seen with George Washington University, USA President Steven Knapp on October 26, 2016. tellyseries