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​​UTP, UKM, USM, Youth Trust Foundation and IDR Ink MoU to Establish Malaysian Yunus Social Business Network

(17 February 2017) 


Five Yunus Social Business Centres and institutions in Malaysia recently signed a memorandum of understanding (MoU) for the establishment of Malaysian Yunus Social Business Network.


The centres are Universiti Teknologi PETRONAS (UTP), Universiti Kebangsaan Malaysia (UKM), Universiti Sains Malaysia (USM), Youth Trust Foundation (myHarapan) and Institut Darul Ridzuan (IDR).


The MoU was signed by UTP Vice Chancellor Datuk Ir (Dr) Abdul Rahim Hashim, UKM Vice Chancellor Professor Dato' Seri Dr Noor Azlan Ghazali, USM Vice Chancellor Professor Datuk Dr Asma Ismail, Youth Trust Foundation (myHarapan) Chairman Shamila Othman and IDR Chief Executive Officer Dr Mazalan Kamis.


The Malaysian Yunus Social Business Network is established to jointly work together to design potential social business model which contributes to the socio-economic development of the country.


It will also closely work with other Yunus Social Business Centres around the world, beginning with partners from the Asia Pacific region, to make a significant change in the societies through social business.



The areas of collaboration are partnership in social business for community development projects, addressing social business challenges and other social business promoting activities. 


Other areas of collaboration include scholarly works in education, capacity and capability building activities for social business education, research and development, co-authorship in reputable journals and book chapters, joint supervision of postgraduate students, staff and student attachment as well as exchange and adjunct lecturer/professor programme.


UTP's collaboration with Yunus Social Business Centre was first established with the signing of an MoU between UTP and Nobel Laureate Professor Yunus in September last year.   As a result of this MoU, a Yunus Social Business for Community Development Unit for Centre of Social Innovation (CoSI) UTP was set up to foster social business innovation at the university.


CoSI, headed by Associate Professor Dr Shahrina Md Nordin, is a research centre that was set up in UTP to conduct community related research such as innovation and technology diffusion into the communities, entrepreneurship for community empowerment and human-technology interface for community well-being.


The centre also provides support for the university to conduct feasibility and impactful studies for the implementation of community development projects through its corporate social responsibility, in collaboration with UTP Corporate Services Department.