5 new projects approved by Social Business Design Lab

Five Nobin Udyokta business projects launched by children of Grameen Bank borrowers have been approved by the Social Business Design Lab at Grameen Bank Bhaban yesterday.

Nobel Laureate Professor Muhammad Yunus chaired the Design Lab who earlier opened the lab, welcoming the audience and participants via live stream from 70 countries, said a press release.

Of the six new plans presented at the lab, five were Nobin Udyokta businesses by the young entrepreneurs.

These are Ma Pet Loom House of M Aminul Haque, a business to produce variety of satranji mats; Borhan Traders by M Borhan Uddin for trading in grocery items; Rizu Cosmetics by Sree Dulal Kumar, a business to sell cosmetic; Maa Refrigeration Workshop by Sheikh M Taslim Uddin; and Hasan Quail Bird Hatchery by M Rafiqul Islam.

At the end of the day, two deals were signed between Grameen Kalyan and two Nobin Udyokta businesses.