Nobel Laureate Professor Muhammad Yunus and his organisation Yunus Social Business (YSB) has signed a memorandum of understanding with Boston Consulting Group (BCG) to form a global partnership.
Yunus Social Business became the BCG’s sixth partner globally on September 26, allowing the social business company to receive the well-known US consulting firm’s services to help it grow globally.
The Boston Consulting Group (BCG) is a global management consulting firm which ranked second in Fortune’s “100 Best Companies to Work For” in 2015.
On the same day, Yunus gave the keynote speech at the Hult Prize Award Ceremony which took place at a Clinton Global Initiative venue in downtown Manhattan.
The Hult Prize is an annual competition in which student-run social entrepreneurship companies propose solutions to the most pressing humanitarian issues facing the global community.
This year’s challenge, selected by former President Bill Clinton, was to solve the lack of quality early childhood education in urban slums.
Former president Clinton announced this year’s winners of the $1 million Hult Prize, a group from the National Chengchi University in Taipei called IMPCT.com.
Professor Yunus was one of four judges on the panel which included former prime minister of Australia Julia Gillard, African billionaire-philanthropist Mo Ibrahim and former CEO of a global company Charles Kane.
