Social Business Day

Muhammad Yunus, Nobel Peace Prize winner and namesake of the Grameen Bank, is known for his efforts to fight poverty.

But the 78-year-old also happens to be the founder of Social Business Day, an annual conference that brings together social entrepreneurs from around the world.

This year's theme: "Social BusinessAn Exit Route from the Current Self-Destructive Civilization," Quartz reports.

More than 400 people from 27 countries attended the conference, which featured more than 120 plenary sessions and six workshops.

"Throughout the two-day conference, we saw how social business can play a positive impact society and encourages a shift towards more conscientious and purpose-driven economic models that promote a healthier and sustainable future for everyone," a student who attended the conference writes at Quartz.

Yunus believes that by focusing on social and environmental responsibility, social businesses can "correct the destructive ways by which society and industries have pushed the earth towards its limits."

For his part, Yunus says he's "happy that people especially the youth are supporting social businesses that pursue social development objectives and not just profits."

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Ashoka, a global platform for social innovation, introduced the Arab World Social Entrepreneurship Programme (ASEP) to support local social entrepreneurs in scaling up their operations in three key areas – healthcare, environment and women participation for inclusive growth.




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