March 17, 2008
The Social Business and Microeconomic Opportunities for Youth Conference was an amazing success. Some are calling it a life-changing event!
“This has been the best conference on microcredit I have been to in 18 years. It’s a truly historic conference that will be a great accelerator of the movement to end poverty!” - John Hatch, Founder of FINCA
I was privileged to be one of the organizers of this remarkable event - one of the “Friends of Microcredit”, an informal group of eight individuals representing organizations involved with microcredit in Colorado or elsewhere in the world. For about four months of breakdowns and breakthroughs, we produced a 2 1/2 day major national conference - the first in the world on Muhammad Yunus’ idea of Social Business as introduced in his landmark new book, Creating a World Without Poverty: Social Business and the Future of Capitalism.
Over 500 people travelled from all over the U.S to attend the conference, and over 50 speakers contributed their wisdom, the Governor and First Lady of Colorado and the Mayor of Denver participated. We got some great press.
I am attaching the flyer from the conference, a brilliant paper by John Hatch, and a copy of last Friday's major article on the front page of the business section of the Denver Post.
At the conference, Muhammad Yunus brilliantly put forth the case for a new version of capitalism that recognizes the complexity of human motivation, not just monetary motivation. He is calling this new form "Social Business" - a non-gain, non-loss for-profit business where profits are recycled in the business and the primary purpose is to do good in the world.