About Global Social Business Summit
Over the past years, Professor Muhammad Yunus has taken the experience and expertise gained from the success of Grameen Bank, to introduce a new business model – Social Business. A social business is a non-dividend company created to solve a social problem. Like an NGO, it has a social mission and like a firm it generates its own revenues to cover costs. Investors may recoup their investment. All profits are reinvested for growth and innovation, or to seed new social business ventures. The Global Social Business Summit is the worldwide leading forum for social business to spread awareness of social business and to foster discussions and collaborations for new social business ventures.