For Social Business and Financial Inclusion at Montpellier Business School
What is a “Yunus Centre”?
Building on the activities of the “Social & Sustainable Finance“ Chair as well as the “Social Entrepreneurship & Inclusion” Chair, Montpellier Business School (MBS) inaugurated the “Yunus Centre for Social Business and Financial Inclusion” on October 9, 2019 in the presence of Professor Muhammad Yunus, 2006 Nobel Peace Prize winner. This project follows Professor Yunus’ lecture at MBS on 4 March 2019 on the topic of ‘Social Business’.
Professor Yunus defines “social business” as a “non-loss, non-dividend company” that aims to contribute to solving the major challenges of our society: poverty, unemployment, environment, health, etc. The Grameen Bank Microfinance Institution is the best known example of such a company.
Why have a Yunus Centre at MBS?
The Yunus Centre is an academic hub created in partnership with the Yunus Centre in Dhaka (Bangladesh) which serves two purposes: first, to educate and raise awareness of social business through specialised courses, diploma programmes, internships and social impact projects; and secondly, to develop research and disseminate new knowledge on this topic.
This double objective can be achieved through the different activities of the centre, such as:
- The development of research in the field of social business;
- Awarding a prize for the best social business project submitted by a MBS student;
- The promotion of courses and specialisations in microfinance, social entrepreneurship, social innovation, management of social economy enterprises, financial inclusion, in particular through the creation of Master of Science specialisations in ” Responsible Finance and Social Innovation ” and ” Entrepreneurship and Management in social and solidarity enterprises ” for students in the 3rd year of the Grande Ecole programme. Promoting internships, apprenticeships or work experience in social businesses both in France and abroad;
- Providing support to people wishing to create their own social business, in particular MBS students, but also people who wish to escape from precariousness through business creation.
These activities require collaboration with associations as well as local, regional, national and international companies in order to create an ecosystem of social and solidarity economy project leaders within the School. These activities will lead to workshops and conferences on topics related to social business (microfinance, social entrepreneurship, social and solidarity economy, environment, corporate social responsibility, etc.).
Further information on upcoming activities and events will be available soon on this website.
Professor Yunus said the creation of the Yunus Centre for Social Business and Financial Inclusion at Montpellier Business School “is a great opportunity to further open the minds of the younger generation to the reality of the world and prepare them to find creative ways to solve the world’s growing problems”.