Institutions conceptualise and improve the practice of social business and examine the power of ‘3 Zeroes Clubs’ created by young people across the globe, said the Yunus Centre in a press release on Tuesday.
The University of Turin is co-hosting the Social Business Academia Forum (SBAF), with the Yunus Centre.
This Summit is the first in-person gathering of social business activists, entrepreneurs, academicians, researchers and students, since the pandemic started in 2020.
The Global Social Business Summit is always designed as a very intensive two-day event leading to many new social business initiatives.
After arriving in Turin, Professor Yunus was received by the founder of Italian NGO Sermig, Ernesto Olivero, before being taken to meet the staff of Sermig to share the experiences of social businesses with them.
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Sermig was founded in 1964 in Turin by Ernesto Olivero and his wife Maria Cerrato and a few friends to defeat hunger, encourage dialogue, hospitality and peace. They transformed a weapons-producing factory during two world wars into one of Love and Peace.
Sermig has provided shelter and food for over 130,000 homeless people, broken families and women from severe socio-economic conditions. They have served over 30 million meals.