King’s College, a leading business school in Kathmandu, has sealed an agreement with Yunus Centre Dhaka, Bangladesh to establish ‘Yunus Social Business Centre (YSBC)’ at King’s College, Kathmandu. The Memorandum of Understanding (MoU) signed jointly by Narottam Aryal, Executive Director of King’s College and Nobel Laureate Prof Dr Mohammad Yunus, Chairman of Yunus Centre on November 22 envisages to develop and expand a framework of cooperation between Yunus Centre and King’s College for the formation of YSBC to promote Professor Yunus’s vision of alleviating poverty by implementing the concept of social business. Following the agreement which was signed at Yunus Centre, Bangladesh, King’s College aims at promoting mutual understanding and co-operation in areas of common interest in education, research, information sharing and gathering and action plans to deepen an understanding of each other’s cultures and values that drive business and social changes. “King’s College has always believed in transforming Nepal through social entrepreneurship,” says Narottam Aryal, Executive Director of King’s College, “It’s a great honour to be associated with Yunus Center and we believe this collaboration with the world’s champion is social entrepreneurship will help achieve its mission of promoting social entrepreneurship in the country”.