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10 years for you in
For 10 years, the Grameen Creative Lab (GCL) achieves its vision to serve society’s most pressing needs by promoting Nobel Peace Prize Laureate Prof. Yunus’ concept of Social Business. He has already shown the effectiveness of this new type of business: his clear focus on eradicating extreme poverty combined with his condition of economic sustainability has created numerous models with incredible growth potential.
The GCL itself has taken an important role in the formation of the Social Business Movement and countless Social Business Ideas have emerged from it. During these 10 years of experience, the GCL has created, accelerated and consulted various social businesses and has held different social business tours and events all across the world. We are looking forward to creating the next 10 years of Social Business Movement with you!
The concept of
With the idea of social business, Prof. Muhammad Yunus has introduced a new dimension for capitalism: a business model that does not strive to maximize profits but rather to serve humanity’s most pressing needs. In contrast to traditional charitable activities, a social business aims to tackle one or more social problems in a financially self-sustainable way.
While investors may be able to receive their investment amount back, all additional profits will remain within the social business to further address and tackle the underlying social problems. Purpose of the investment is purely to achieve one or more social objectives through the operations of the company; the investors search no personal gain.
A Social Business as defined by Prof. Yunus is an innovative approach to tackle the big social and environmental challenges of our times. It is a powerful tool to create a world of three zeros: zero poverty, zero unemployment and zero net carbon emissions.