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May 4th, 2020 – Yunus Social Business Co-Initiates New Alliance With World Economic Forum to Help Social Entrepreneurs Overcome Impacts of COVID-19

  • 40 leading organizations form alliance to amplify support for Social Entrepreneurs during COVID-19 pandemic
  • USD$75 million already mobilized by Alliance members to mitigate impacts of pandemic
  • Alliance will feature a searchable database of available emergency relief funds
  • Members to catalyse global conversation about building a more equitable, sustainable future
  • More information about the COVID Response Alliance for Social Entrepreneurs here

This initiative will also feature, a new resource developed by the Center for the Advancement of Social Entrepreneurship (CASE) at Duke University.

This dashboard, a searchable database of emergency funds available to non-profit and for-profit entrepreneurs during COVID-19, contains global capital relief offers worth over $1 trillion.

“The economic fallout from COVID-19 could push half a billion more people into poverty. Social entrepreneurs are the de facto social net in many emerging economies. We need to intervene to help them before it’s too late,” said Saskia Bruysten, Co-Founder and Chief Executive Officer, Yunus Social Business.

The growing list of foundations, sector organizations, multilateral organizations, private companies and non-governmental organizations joining the Alliance include:

Aavishkaar Group


Africa Venture Philanthropy Alliance (AVPA)

Aspen Network of Development Entrepreneurs (ANDE)


Asian Venture Philanthropy Network (AVPN)

Root Capital


Schwab Foundation

B Lab

Bertelsmann Group/Stiftung

CASE at Duke University

Catalyst 2030


Draper Richards Kaplan Foundation

Echoing Green

European Venture Philanthropy Association (EVPA)

Skoll Foundation


Fundación Avina

GHR Foundation

Global Innovation Fund

Global Steering Group for Impact Investing (GSG)

Global Impact Investing Network (GIIN)

Greenwood Place

IKEA Foundation

IKEA Social Entrepreneurship

Impact Hub

Johnson & Johnson

KIVA, LatImpacto

Lex Mundi Pro Bono Foundation

Mercy Corps Ventures

Motsepe Foundation


Nonprofit Finance Fund (NFF)


Yunus Social Business

Yunus Social Business Academic Network

HEC ParisFrance
Asian Institute of TechnologyThailand
University of SalfordUnited Kingdom
Glasgow Caledonian UniversityUnited Kingdom
European Business SchoolGermany
California State University Channel IslandUSA
Sun Yat- Sen UniversityChina
Kyushu UniversityJapan
University of FlorenceItaly
Okan UniversityTurkey
National University of MalaysiaMalaysia
Janusz Korczak Pedagogical UniversityPoland
Natioanal Central University TaiwanTaiwan
University of New South WalesAustralia
Yunnan Normal UniversityChina
La Trobe UniversityAustralia
Daffodil International UniversityBangladesh
Becker CollegeUSA
National University of SingaporeSingapore
Escola Superior de Propaganda e Marketing (ESPM)Brazil
Dhaka International UniversityBangladesh
King’s CollegeNepal
Universiti Sains MalayasiaMalaysia
SSM College of EngineeringgIndia
Universiti Teknologi PetronasMalaysia
Kasetsart UniversityThailand
Pompeu Fabra UniversitySpain
Azerbaijan State University of Economics (UNEC)Azerbaijan
HEC MontréalCanada
Griffith UniversityAustralia
Renmin University of ChinaChina
Chang Jung Christian UniversityTaiwan
Lincoln UniversityNew Zealand
The Chinese University of Hong KongHong Kong
Catholic University of ZimbabweZimbabwe
Chandigarh UniversityIndia
Autonomous University of Baja CaliforniaMexico
Bethlehem UniversityPalestine
Universiti Putra Malaysia (UPM)Malaysia
National University of KaohsiungTaiwan
Ecole Polytechnique Fédérale de Lausanne – EPFLSwitzerland
National Quemoy UniversityTaiwan
Dr. Bhimrao Ambedkar UniversityIndia
Novel AcademyNepal
Epoka UniversityAlbania
University of South Australia (UniSA)Australia
The University of AdelaideAustralia
Ashoka UniversityIndia
University of BolognaItaly
National Pingtung University of Science & TechnologyTaiwan
Kalinga Institute of Social SciencesIndia
AIMS InstitutesIndia
Amity University RajasthanIndia
Amity University HaryanaIndia
National Kaohsiung University of Science and TechnologyTaiwan
Zhengzhou UniversityChina
Sunway UniversityMalaysia
INTI International UniversityMalaysia
University of BasilicataItaly
JAIN (Deemed-to-be University)India
Universidad Privada CumbreBolivia
Ca’ Foscari University of VeniceItaly
Universidad de Monterrey (UDEM)Mexico
IAE Paris Sorbonne Business SchoolFrance
Soochow UniversityTaiwan
National Taichung University of Science and Technology (NTCUST)Taiwan
Birla Institute of Management Technology (BIMTECH)India
Krea UniversityIndia
Foundation UniversityPhilippines
Lille Catholic UniversityFrance
Leuphana University of LüneburgGermany
University of Urbino Carlo BoItaly
Ryukoku UniversityJapan
National Taipei University of BusinessTaiwan
Albukhary International UniversityMalaysia
University of MurciaSpain
University of CantabriaSpain
Vivekanand Education Society’s Institute of Management and Research (VESIM)India
Montpellier Business SchoolFrance
Universidad IcesiColombia
Chung Yuan Christian UniversityTaiwan
Católica Lisbon School of Business & Economics Portugal