Nobel Laureate Professor Muhammad Yunus launched a number of social business initiatives in Brazil during his visit there from May 27- 29.
The Bank of America announced the creation of a Yunus Social Business Fund for Brazil during his stay.
ESPM, a leading business school in Brazil, also launched Yunus Social Business Centre which will develop academic curricula around social business.
Brazil Foods (BRF), one of the largest poultry companies in the world, has announced a joint-venture social business in Haiti for developing poultry business in the earthquake affected island.
During his stay, Yunus also met a high-level delegation from the government of Brazilian State of Para to launch a series of social businesses in the impoverished Amazonas region.
On 23 May, Yunus had inaugurated the first Euro-Asia Business Forum in Istanbul. The event was attended by entrepreneurs, social innovators, leading experts from corporations, civil society members, government officials and the academia from Asia and Europe.
“The Istanbul Social Business Charter” was signed by the forum participants with a commitment for each participant to create one tangible social business over the next twelve months.