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24 Nov 2014

Global Social Business Summit 2014 boosts sustainable solutions with Social Business Models

  • The GSBS is a unique opportunity for the Latin American community to learn from experts on applied social businesses from every corner of the world.
  • Mexico is the first country in the Americas that will host this important international forum.

Mexico City. November 24, 2014.- For the first time since its creation in 2009, the Global Social Business Summit - a global joint initiative from The Grameen Creative Lab and the Yunus Centre in regards to social businesses - will take place in the American Continent. Mexico will host the event, which awaits over 700 participants from 60 countries. The Summit will also count with the presence of Professor Muhammad Yunus, Nobel Peace Prize Awardee, who has taken the experience and knowledge acquired from the success of the Grameen Bank in order to present a new business model: The Social Business.


Mexico was selected to host the GSBS 2014 because it is the ideal ecosystem to promote social businesses, thanks to diverse factors such as its high concentration of social entrepreneurs looking for ways to improve the country, considering that 45% of the population continues to live below the poverty line, and for the policies that the Federal Government focuses on the eradication of poverty.


“The current financial crisis clearly shows that the system we have in place is not working, therefore this is the ideal time to retrace our steps and rebuild in a new way. A social business is a type of enterprise dedicated to solving the social, financial, and environmental issues that have seriously affected humanity for a long time: hunger, homelessness, diseases, pollution, and ignorance,” said Profr. Yunus in regards to social businesses.


FEMSA, via its Entrepreneur Support Platform, looks to increase the scope and impact of projects focusing on water, energy, waste, and recycling as well as community development and/or healthy lifestyles. Projects with high innovation content and a social focus, aligned to the trends of the market and the needs of the environment. In addition to the sustainable creation of employment, which triggers the economy growth of the communities. These needs appear aiming to boost the numbers of the survival of new businesses in Mexico, which reaches 45% during the first year of operation of new companies.


Parallel to the GSBS 2014, there will be a GSBS Conference on Social Business Research with the participation of more than 150 researchers looking to drive an interdisciplinary and international research community centered on this area of expertise, and the GSBS Young Challengers Meeting, which will establish support networks and will develop new ideas for social businesses

The GSBS has the promotion of knowledge, discussion, and collaboration in regards to new social businessesas a main goal and counts with the support of FEMSA, Ashoka, Banamex, CEMEX, Lombard Odier Foundation, Televisa Foundation, Walmart de Mexico Foundation, The Earth’s Fund, INADEM, the Tecnológico de Monterrey, and Green Street.


Diverse companies will be present with the participation of their main leaders such as Mr. Carlos Salazar, CEO FEMSA; Ms.Alicia Lebrija, CEO Televisa Foundation; Mr.Enrique Jacob, President INADEM; Mr.Fernando Gonzáles, CEO CEMEX; Mr.Francisco Camacho, Executive Vice-President DanoneGroup; Mr.Hans Reitz, Founder ofGrameen Creative Lab; Ms. Nathalie von Siemens, Director Siemens Foundation; and Mr. ScotRank, CEO Walmart Mexico and Central America. These distinguished visitors will accompany Profr. Yunus in his commitment to social development.


The Summit will take place on November 27 and 28 at Expo Bancomer Santa Fe, where people will find plenty of opportunities to generate contacts, share experiences, and substantially learn about sustainable businesses in conferences, workshops, panel discussions, and support from experts.


For more information, please visit: www.gsbs2014.com

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About FEMSA

FEMSA is a leading company that participates in the beverage industry through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world; and in the beer industry, through its ownership of the second largest equity stake in Heineken, one of the world's leading brewers with operations in over 70 countries. In the retail industry, it participates with FEMSA Comercio, operating various small-format chain stores, including OXXO, the largest and fastest-growing chain of stores in Latin America. FEMSA's Strategic Business Unit supports all these operations.

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