Rikkyo University welcomed Dr. Muhammad Yunus, the president of Grameen Bank of Bangladesh, on Monday, March 16th, and held an international research meeting as well as a signing ceremony for the establishment of Rikkyo-Grameen Creative Lab.

Grameen Bank has prominent international recognition as a social business enterprise. Based upon the Bank’s financial innovation of “microcredit” and its world-wide alliance network, Grameen Creative Lab (GCL) is an organization functioning as an “incubator” to create new business models in social business that is founded upon industry-university cooperation beyond national borders. Branches of GCL have been established within Grameen partner universities in various countries, such as Free University of Berlin (Germany), Asian Institute of Technology (Thailand), and Glasgow Caledonian University (Scotland). Japan now has its first GCL at Rikkyo.